Ensemble Hotel Partners Fuses Investment With Carey Watermark For Joint Venture

by Tiffany Rider, Staff Writer

Ensemble Hotel Partners, LLC, has closed a joint venture investment with Carey Watermark Investors Incorporated (CWI) of approximately $88 million for two waterfront hotel properties in Long Beach, the Residence Inn Downtown Waterfront and Hotel Maya. The deal marks the first lodging investment made by the New York-based real estate investment trust (REIT).

The Residence Inn by Marriott is a 178-unit, all-suite extended stay hotel situated on three acres; and the Hotel Maya is an upscale full-service urban resort, spread across 12 acres with 194 guestrooms and 20,000 square feet of interior and exterior meeting space. The CWI investment is approximately $43.6 million.

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Hot August Nights Cancelled

by Tiffany Rider, Staff Writer
(Updated 5/27/11: Article from May 10 issue of LBBJ) Vintage car show Hot August Nights (HAN), touted as a major tourism and economic driver for Downtown Long Beach, has been cancelled due to lack of entries and sponsorships.

Scheduled for August 3 to 6 and expected to draw upwards of 6,000 pre-1972 vehicles, event organizers had only received participation confirmation from owners of 462 autos, according to HAN Reno/Sparks Managing Director Tony Marini.

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Delaware North Out As Operator Of Queen Mary

By Tiffany Rider, Staff Writer

Less than two years after it took over management of the Queen Mary and surrounding property, Delaware North Companies Parks & Resorts (DNC) is out.

On April 20, DNC announced the ending of its relationship with Save the Queen, LLC, as the management operator of the Queen Mary. That same day was the last on the job for Uwe Roggenthien, general manger of the Queen Mary; Paul Haught, manager of special events; and Bruce Skidmore, director of sales and marketing. Save the Queen spokesperson Long Nguyen told the Business Journal the termination of the relationship was “an amicable business decision to separate.”

Save the Queen, operated by the New York-based Garrison Investment Group, selected DNC – a nearly century-old multi-billion dollar global firm with expertise in food service, hospitality management, lodging, travel hospitality, retail, sports facilities management, etc. – to manage the Queen Mary operation and adjoining property in September 2009. DNC replaced Hostmark Hospitality Group, which had been named operator of the Queen Mary in late 2007.

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