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Monthly Archives: April 2010

Hostmark Hospitality Group Named Manager of Lakeview Baseball Club

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Schaumburg, IL, April 26 2010—Hostmark Hospitality Group, one of the nation’s largest third-party management companies, has been named operator of a private club, the Lakeview Baseball Club, overlooking the famous Wrigley Field in Chicago. The three-story venue overlooks right field and is well known for its sign that says “Let’s Go Cubs” in Latin (Eamus… Read more »

Hostmark Hospitality Group Adds Properties through Distressed Asset Program

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Schaumburg, IL, April 22, 2010—Hostmark Hospitality Group, one of the nation’s largest third-party hotel management companies, increased its management portfolio in major airport markets with assignments at LaGuardia Airport in New York and at O’Hare Airport in Chicago. During the past seven months, Hostmark has added nine properties in locations as diverse as Colorado, Nebraska,… Read more »

Formosa International Hotels Confirms Acquisition of Regent

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Taipei, Minneapolis, Chicago, April 20, 2010 — Formosa International Hotels Corporation (FIHC) confirmed that it has entered into definitive agreements with affiliates of the Carlson Companies and The Rezidor Hotel Group AB to acquire the Regent hotel business. Closing of the master purchase agreement executed on Friday, Taipei time, should occur during the next three… Read more »

Hostmark Provides Answers with ‘SOS’ Program

Veteran operator providing answers to troubled assets with its own version of an ‘SOS’ By Dennis Nessler In anticipation of a wave of distressed hotel assets coming onto the market, third-party operator Hostmark Hospitality Group created its Hostmark SOS (Stabilize, Operate, Sell) program in the first quarter of 2009, and a full year later it… Read more »