Great Wolf takes out $55M mortgage on resort

By | February 14, 2008

According to an article in The Business Journal of Milwaukee, Great Wolf Resorts Inc. of Madison, Wis. recently closed on a $55 million mortgage loan on its Williamsburg, Va., Great Wolf Lodge resort to provide cash for its "current development objectives." Great Wolf Resorts (NASDAQ: WOLF) operates nine resorts in six states and Canada under […]

Interstate Hotels & Resorts partners with FFC Capital

By | February 14, 2008

According to an article in The Washington Business Journal, Interstate Hotels & Resorts Inc. has formed a joint venture with FFC Capital Corp. The venture acquired 22 Exel Inn properties in the Midwest, which were converted to Wyndham Worldwide brands as soon as the deal closed. Arlington-based Interstate invested a 10 percent equity interest in […]

Izaty’s Resort Headed for Bankruptcy Auction

By | February 13, 2008

Izaty’s Resort on Lake Mille Lacs in Minnesota will be sold in bankruptcy auction at 11 a.m. on April 3 at the resort in Onamia, said Doug Kassebaum of the law firm Fredrikson & Byron, P.A. of Minneapolis, which filed Chapter 11 bankruptcy papers on behalf of the resort in an article the Star Tribune. […]

Rolling Hills CC seeks ‘residential look’ for country club

By | February 13, 2008

Rolling Hills Country Club is seeking to expand and renovate its clubhouse, says an article in the Hersam Acorn Newspaper. During a presentation to the Planning and Zoning Commission last week, the club said its goal was to enhance the “residential look” of the clubhouse and to improve parking and lighting on the site. According […]

El Monte Sagrado Appoints F&B director, Director of Sales & Marketing

By | February 13, 2008

El Monte Sagrado Living Resort & Spa in Taos, NM has appointed Eric Britten as Director of Food & Beverage and Carol Peach as Director of Sales & Marketing.   Britten comes to El Monte Sagrado with twenty years of extensive F&B management experience in luxury resorts and fine dining restaurants. In this role, Britten […]

HEI Hotels & Resorts Acquires Doral Tesoro Hotel & Golf Club

By | February 12, 2008

HEI Hotels & Resorts, a rapidly growing hotel ownership and operating company has acquired the 286-room Doral Tesoro Hotel & Golf Club in Forth Worth, Texas, from New York-based True North Management Group for an undisclosed amount. The hotel will be rebranded to the Dallas/Ft. Worth Marriott Hotel & Golf Club at Alliance Park on […]