Posts Tagged ‘hotel’

Westin developers aim high on room rates

by Published: January 9,2015

Tags: Business, hotel, Mississippi, NEWS, real estate, Westin

Downtown Jackson’s hotel market has been on a rollercoaster of sorts over the past six years as occupancies fell to less than 40 percent some months and climbed into the high 60 percent range other months. Revenue per room — calculated by multiplying a hotel’s average daily room rate by its occupancy rate — has […] [...]

Judge dismisses challenge to Jackson’s $9M hotel loan

Any questions about the legality of the City of Jackson about $9 million to a developer of a downtown Westin Hotel won’t be answered anytime soon, if ever. Hinds Senior Circuit Judge Tomie Green late Tuesday dismissed Jackson lawyer Herb Irvin’s request for a declaratory judgment on whether Jackson would violate the Mississippi Constitution by […] [...]

Hyatt-Place is Columbus’ newest hotel option

by Published: December 18,2014

Tags: Business, Columbus, hospitality, hotel, Lowndes County, Mississippi, NEWS

The Columbus and Lowndes County hospitality market is continuing a growth spurt with the opening of a Hyatt- Place Hotel that joins a new prototype Hampton Inn scheduled to open next month. Those properties follow a Courtyard By Marriot and a Fairfield Inn that have opened in the last three years. Hyatt-Place Columbus is only […] [...]

Full House marks ‘topping off’ of new Silver Slipper hotel

BAY ST. LOUIS — Full House Resorts is celebrating the “topping off” of its new 142-room hotel at the company’s Silver Slipper Casino property in Bay St. Louis. Community leaders, employees and investors have been invited to attend a special ceremony on-site at the property. Andre Hilliou, chairman and CEO of Full House, said, “We […] [...]

Diamondhead Casino Corporation wins site approval

DIAMONDHEAD — A 400-acre tract of land near the Bay of St. Louis just off of Interstate 10 near Diamondhead has been approved as a location for a casino. The Mississippi Gaming Commission gave site approval to Diamondhead Casino Corporation. The next time the casino will go before regulators is when financing is in place […] [...]

Tupelo Furniture Market returns despite devastating tornado

TUPELO — Producers of the Tupelo Furniture Market had concerns this spring that there would be fewer hotel rooms available for their Aug. 14-17 event after a tornado ripped through the city and several hotels sustained damage. In the months since, more than 8,000 furniture retailers have pre-registered for the fall iteration of the furniture […] [...]

Officials to break ground on new D’Iberville casino next week

D’IBERVILLE — Land Holdings 1, LLC will host a groundbreaking for the Scarlet Pearl Casino Resort in D’Iberville next week. The Mississippi Gaming Commission recently approved construction of the Scarlet Pearl after Land Holdings I closed all of its necessary financing.  Construction will include the 60,000-square-foot gaming facility and a 300-room hotel. The groundbreaking will […] [...]

Hub City wants lawmakers to extend lodging tax

HATTIESBURG — Travelers stopping for the night in the city of Hattiesburg could continue to pay a 2 percent lodging fee until June 2018 if legislators act on city officials’ request. The Hattiesburg American reports the city council unanimously adopted a resolution, requesting that the Legislature amend the legislation that created the Hattiesburg Tourism Commission […] [...]

Delta city petitioning lawmakers to extend tourism tax

GREENWOOD — The city of Greenwood is asking the Legislature to reauthorize of the local tourism tax. The 1 percent tax on lodging and restaurants funds the Greenwood Convention and Visitors Bureau. The tax would expire at the end of September without legislative reauthorization. The Greenwood Commonwealth reports Paige Hunt, executive director of the CVB, […] [...]

JRA starts again to find developer for convention complex hotel

JACKSON — The Jackson Redevelopment Authority will start anew in finding a developer to build a long-delayed hotel across from the Jackson Convention Complex. JRA interim executive director Willie Mott tells The Clarion-Ledger the agency hopes to issue a formal request for proposals early next year after agency officials said a deal announced in June […] [...]

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