Hotels

BATON ROUGE, LA-Pinnacle pays $20.9 million for the development site for its Riviere entertainment resort. Among the hurdles yet to clear is a Feb. 9 referendum.

LAS VEGAS-The former Aladdin Resort & Casino has a new look, a new name, new movie themed rooms and the beginnings of a new timeshare addition.

LONDON-Amidst unprecedented room construction, Lodging Econometrics warns future projects on the continent could stall.

CORAL GABLES, FL-Among the issues of the second annual RealShare South Florida conference will be the flood of condominiums coming to market in the next few years.

SANTA FE, NM-Lowe Enterprises Investors snags the Inn and Spa for $47.5 million and plans to invest another $6.2 million to renovate rooms, meeting space and the exterior.

TORONTO-The $500-million luxury hotel and residences breaking ground is among a dozen projects and 5,400 rooms the brand has planned by 2010.

ATLANTA-The joint venture acquires four Embassy Suites and one Sheraton Suites with plans to spend $30 million on capital improvements.

IRVINE, CA-The number of sales and dollar volume were slowing even before the credit crunch, which is expected to slow the market further.