John Youden – Vallarta Lifestyles Publishing Group It was recently announced that Bill Gates has increased his share of Strategic Hotels so that he now owns 20% of the company. Strategic is the owner of the Four Seasons hotel in Punta Mita, along with owning two other major development parcels, one of which will eventually have [...]
Hotel investors tiptoe back into buying game
Want to buy a hotel? 2010 may be just the time. Hopes for an economic turnaround are prompting some hotel investors to get back in the long-dormant acquisition game, laying the groundwork for what could prove to be an active acquisition market next year. “Like most companies, we did not acquire anything in 2009,” said [...]
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