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HotelHomes.com Weekly News Recap for June 16, 2013

This week’s news recap includes: Nick Candy’s $59 million penthouse at The Plaza, new developments for Santa Monica, Virginia Beach, Bangalore, Chicago and Lanai, buyer insights at the Mandarin Oriental Residences in Bodrum, and the world’s first luxury index of hotel brands!

London Developer Nick Candy Asking $59 million for Penthouse at the Plaza Hotel in New York

http://online.wsj.com/article/SB10001424127887324563004578525480534909950.html

Plans Updated for Santa Monica Wyndham Hotel, Residences

http://la.curbed.com/archives/2013/06/here_are_designs_for_wyndham_samos_3_controversial_towers.php

$5.69 million Penthouse on the market at Residences at the Ritz-Carlton, Georgetown, in Washington, DC

http://georgetown.patch.com/articles/wow-penthouse-condo-at-ritz-carlton-in-georgetown-for-sale

Leela Palaces to Add Branded Residences in Bangalore

http://timesofindia.indiatimes.com/business/india-business/Leela-Palaces-Hotels-and-Resorts-plans-second-hotel-branded-residences/articleshow/20470485.cms

The Residences at Mandarin Oriental Bodrum Popular with GCC Buyers

http://arabiangazette.com/arab-investors-bullish-turkish-resorts-20130612/

Residences to Be Developed at Virginia Beach Cavalier Hotel Property

http://www.timesdispatch.com/developer-proposes-m-cavalier-hotel-project/article_9a683416-af57-577c-9ebc-af420b662e82.html

New Hotel and Luxury Homes Planned for Billionaire Larry Ellison’s Lanai Development

http://www.bizjournals.com/pacific/blog/2013/06/ellisons-plans-for-lanai-may-include.html

Vancouver Anticipates New Trump-Branded Tower

http://www.vancouversun.com/Donald+Trump+Vancouver+visit+next+week+confirms+speculation+about+tower/8521789/story.html

Four Seasons Private Residences Austin Sells Out

http://www.statesman.com/news/business/as-market-stays-hot-four-seasons-residences-sells-/nYJ7S/

Trump Soho Launches Chinese-Language Website

http://www.etravelblackboardasia.com/article/91615/trump-soho-new-york-launches-chinese-language-section-of-website

New Lowes Hotel Tower in Chicago Will Also Offer 398 Apartments

http://chicago.curbed.com/archives/2013/06/10/scbdesigned-loews-hotel-tower-climbing-quickly-near-river.php

Swire Properties’ “East” Hotel Brand to Anchor Brickell City Centre

http://www.worldpropertychannel.com/north-america-vacation-news/swire-properties-swire-hotels-east-hotels-brickell-citycentre-miami-hotel-6933.php

NYU Hospitality Conference: Luxury Hotel Development Difficult Unless You “Trick It Up With Residences”

http://www.hotelnewsnow.com/Articles.aspx?ArticleId=10641&par1=yKy7lfMPqpPkMuGmLRb7BA==&par2=p6Ft92q15h3xb2WiDP2I1vM6x8WSYNoQ6gR6E2OTBpoTdOv01lWQCU0AuJPXUdTzsxHu1HZH6mRFtOzHHw8VMg==

Trump Soho Files Lawsuit over Superstorm Sandy Claims

http://www.nytimes.com/2013/06/07/nyregion/trump-soho-hotel-sues-con-edison-for-hurricane-sandy-losses.html?_r=0

Far East Hospiality Rebrands Singapore Hotels and Residences to Village

http://www.etravelblackboardasia.com/article/91708/far-east-hospitality-unveils-refreshed-village-hotels-amp-residences

Accor Launching New Serviced Apartment Brand for the Middle East Market

http://www.arabianbusiness.com/accor-launch-new-hotel-brand-for-middle-east-504805.html

World Luxury Index Tracks Popularity of Hotel Brands

http://www.sfgate.com/business/prweb/article/Release-of-the-First-World-Luxury-Index-Hotels-4582636.php