Hotel Conversions- Trend or Isolated Cases?

Given the limited financing available for construction of full-service hotels, some companies are taking what may be a less costly route and converting existing buildings, such as office buildings and department stores, into hotels.

In New Orleans, the D.H. Holmes department store was converted into the Chateau Sonesta Hotel in early 1995. Kimpton Hotel & Restaurant Group, Inc. of San Francisco recently completed a conversion of a former downtown Portland department store into the

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish