from this morning's GlobeSt (4/16):
Last updated: April 16, 2008 09:30am
24-Story Hilton Americas Hitting Market in May
By Amy Wolff Sorter
"HOUSTON-The 1,203-room Hilton Americas-Houston will be put on the sales block within 30 days. The no minimum-ask offering is predicted to draw upward of $350 million.
Developed by the City of Houston, the hotel at 1600 Lamar St. is owned by the Houston Convention Center Hotel Corp., which was charged with stabilizing it. Occupancy at the 2007 close was 64.2%, with its average daily room rate at $147." ...
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