SPOKANE, WA-In early 2000, the company doubled its hotel chain through a major acquisition. Its latest plans call for the reallocation of $70 million in assets to debt reduction and continued expansion of its hotel and real estate management arms.

NEW YORK CITY-Sen. Joseph I. Lieberman amused the crowd at the 23rd Annual International Hospitality Industry Investment Conference before getting down to business, discussing President Bush's tax cut and the changing Senate.

ORLANDO-The financial software developer is consolidating three area locations at the planned Colonial Center 600 building in suburban Lake Mary, FL, where it will be taking the entire four-story, 200,000-sf building in July 2002 for an estimated aggregate 10-year rent of $46 million.

NORTH MIAMI BEACH, FL-The Houston REIT negotiates a standstill agreement with Southwest Securities Inc. until Equity One of North Miami Beach, FL completes a proposed $155 million buyout of United Investors Realty Trust.