1,060 Room Boston Park Plaza Hotel Sold for $370 Million

Sunstone Hotel Investors, Inc. (NYSE: SHO) today announced that it has completed the sale of the 1,060-room Boston Park Plaza for a gross sale price of $370 million, or approximately $350,000 per key.
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Marriott International to Expand Luxury Portfolio in Vietnam With Signing of JW Marriott, the Luxury Collection and Ritz-Carlton Reserve Resorts

he signings mark the expected debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection on the tropical paradise of Hon Thom Island in Phu Quoc. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel set for Trang An, the serene UNESCO World Heritage destination in northern Vietnam.
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