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BUSINESS
May 6, 1991 | CHARLES P. WALLACE, TIMES STAFF WRITER
After decades as one of the world's poorest countries, Vietnam is finally getting one of the emblems of capitalist achievement: a grand hotel. Convinced that business travel to Vietnam is about to take off, luxury hotel chain Regent International has signed a memorandum of understanding to build the communist nation's first five-star hotel.
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BUSINESS
May 6, 1991 | CHARLES P. WALLACE, TIMES STAFF WRITER
After decades as one of the world's poorest countries, Vietnam is finally getting one of the emblems of capitalist achievement: a grand hotel. Convinced that business travel to Vietnam is about to take off, luxury hotel chain Regent International has signed a memorandum of understanding to build the communist nation's first five-star hotel.
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REAL ESTATE
August 9, 1987 | RUTH RYON, Times Staff Writer
The front of the posh Beverly Wilshire Hotel looks like business as usual except for a window display artfully showing a white ladder, tools and hard hat against a black drape. Even from that, nobody would guess that the nine-story wing facing Wilshire Boulevard, which appeared in "Beverly Hills Cop" and was the first part of the landmark to be built in 1928, has been practically gutted. That's the way Joseph R. Shelton likes it.
REAL ESTATE
August 9, 1987 | RUTH RYON, Times Staff Writer
The front of the posh Beverly Wilshire Hotel looks like business as usual except for a window display artfully showing a white ladder, tools and hard hat against a black drape. Even from that, nobody would guess that the nine-story wing facing Wilshire Boulevard, which appeared in "Beverly Hills Cop" and was the first part of the landmark to be built in 1928, has been practically gutted. That's the way Joseph R. Shelton likes it.
REAL ESTATE
April 19, 1987 | RUTH RYON, Times Staff Writer
Trusthouse Forte, the London-based hotel and catering conglomerate that has two lords among its 14 directors, is apparently as fearless as it is venerable. Despite the failure during the past few years of several well-heeled hotel interests, including the Canadian-based Four Seasons, to build in Beverly Hills, Trust-house Forte, which only recently entered the U. S. market, is looking into it.
BUSINESS
November 2, 1985
A spokesman for Hong Kong-based Regent International Hotels said the company is negotiating to buy the 57-year-old hotel from a group headed by hotelier Hernando Courtright, who bought the world-famous hotel in 1961. The Regent spokesman said the company, which owns 12 luxury hotels and resorts around the world, expects to reach an agreement soon.
REAL ESTATE
April 17, 1988
The Beverly Wilshire Hotel has obtained $130 million in project financing of from the Los Angeles offices of Japanese banks. The entire loan package totaled $155 million that included a $25-million line of credit. The landmark hotel is undergoing major renovation, scheduled for completion by the end of the year. It involves a reduction in the number of rooms from 450 to 383, with the intent of creating a more luxurious facility.
TRAVEL
March 5, 2000
San Francisco's 107-room Hotel Vintage Court at 650 Bush St. is now an entirely nonsmoking hotel. A semi-enclosed "smoking zone" is provided near the hotel's entrance. Tel. (800) 654-1100. . . . The Resort at Summerlin outside Las Vegas, which began opening its hotel rooms in July and won't be fully opened until at least April 1, has already changed its name.
TRAVEL
March 11, 2001
Zagat Survey, known for its often irreverent reviews of restaurants provided by volunteer diners, is applying its populist approach to world lodgings. Its first-ever "Survey of Top International Hotels, Resorts & Spas," issued last month, rates more than 850 places from Anguilla to Zimbabwe. (Zagat has rated U.S. hotels since 1987.) Where else can you savor Paris' Ritz Hotel being tweaked for its "very Liberace" decor? (Despite that, it was rated Europe's best hotel.
BUSINESS
April 5, 1994 | From Reuters
An effort by founder Isadore Sharp to find a buyer for Four Seasons Hotels Inc. is expected to spark a bidding war among industry heavyweights seeking to boost their presence in the luxury lodging market. Potential suitors for the Toronto-based company include ITT Corp., Marriott International Inc. and cash-rich Asian firms such as New World Development Co., analysts say.
REAL ESTATE
April 19, 1987 | RUTH RYON, Times Staff Writer
Trusthouse Forte, the London-based hotel and catering conglomerate that has two lords among its 14 directors, is apparently as fearless as it is venerable. Despite the failure during the past few years of several well-heeled hotel interests, including the Canadian-based Four Seasons, to build in Beverly Hills, Trust-house Forte, which only recently entered the U. S. market, is looking into it.
REAL ESTATE
August 20, 1989
The lobby lounge and cafe at the Regent Beverly Wilshire have been redesigned, marking the completion of the $65-million first-phase renovation of the landmark hotel at Wilshire Boulevard and Rodeo Drive in Beverly Hills. Designed by the Los Angeles-based architectural firm of Gruen Associates, the renovation restores "the original architectural character of the hotel, which has been obscured and modified over the years," according to Kurt Franzen of Gruen.
BUSINESS
November 6, 1985 | AL DELUGACH, Times Staff Writer
The Beverly Wilshire Hotel has been purchased for $125 million by investors headed by Hong Kong-based Regent International Hotels, which said Tuesday that it plans to maintain the Beverly Hills landmark in the tradition set by hotelier Hernando Courtright. In fact, the 81-year-old Courtright will stay on as titular proprietor and resident padrino under a lifetime contract, said Regent President Robert H.
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