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Strategic Hotels & Resorts.(TRAVEL)(Strategic Hotel Capital Ltd.)(Brief article)


STRATEGIC HOTELS & RESORTS, a U.S. luxury hotel investment company, bought US$29.5 million in land from La Solana Hoteles Villas, a Mexican hotel operator. The deal gives Strategic Hotels & Resorts 8.3 hectares of property that will hold a 70-suite development as well as rights to build 55 apartments that will go up for sale on an adjacent 11 hectares.

COPYRIGHT 2006 Freedom Magazines, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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