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News about hotel & casino

Blackstone to buy hotelier Wyndham International

By Jui Chakravorty NEW YORK (Reuters) - Private equity group Blackstone has agreed to buy hotel owner and franchiser Wyndham International Inc. (WBR.A: Quote , Profile , Research ) for $1.44 billion in cash, Wyndham said on Tuesday. With the assumption of about $1.8 billion in debt, Wyndham valued the deal at $3.24 billion, Wyndham spokeswoman...

Tax break set for builder planning hotel off Arsenal St.

(Watertown Daily Times, N.Y.) By M.B. Pell, Watertown Daily Times, N.Y. Knight Ridder/Tribune Business News Sep. 4--The Jefferson County Industrial Development Agency approved a tax abatement package worth about $180,000 on Thursday morning for a Liverpool company that plans to build a 90-room hotel just off Arsenal Street. E&M Properties will not pay a mortgage recording tax, nor will it pay sales ta...

JQH Finance, LLC Announces Tender Offer Yield for John Q. Hammons Hotels, L.P. and John Q. Hammons Hotels Finance

Corporation III's Series B 8-7/8% First Mortgage Notes Due 2012 Wednesday September 7, 8:12 pm ET NEW YORK, Sept. 7 /PRNewswire/ -- JQH Finance, LLC announced today that, in connection with the pending merger between its affiliate and John Q. Hammons Hotels, Inc. (Amex: JQH - News ), it has determined the tender offer yield for its tender offer for all of the outstanding $499.0 million principal amount of Series B 8-7/8% Firs...

Silverton Casino Hotel Opens Poker Room

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New Orleans family survives ordeal

By ROB MARGETTA, Standard-Times staff writer FAIRHAVEN -- Brenda Dominick and her family had their lives blown apart by Hurricane Katrina. They've been split up across two states, forced to drive for hours on end without knowing whether their loved ones were alive. They've swam through streets flooded with snake-infested water and littered with corpses. They've slept in the bleachers of the New Orleans Superdome, surrounded by violence and the stench of human waste. And...