Taj snaps up second US property

Asian luxury hotel chain Taj has confirmed its second US property with the $170m (£90m) acquisition of Boston’s Ritz-Carlton from its current owners, Millennium Partners. The transaction is scheduled to be completed on 11 January next year and will see the hotel renamed the Taj Boston. “The Ritz-Carlton is one of New England’s finest hotels and we are delighted to extend our presence in the United States,” said Raymond Bickson, managing director and ceo of the Indian Hotels Company, which operates Taj Hotels Resorts and Palaces. “This addition to our international portfolio reiterates our commitment to establishing a significant presence for the brand in key destinations across the globe.” The 273-room hotel, which completed a £26m restoration and refurbishment plan in 2002, is the second US property in the Taj portfolio following its purchase of New York’s The Pierre in 2005.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
World Petroleum Congress set for Calgary in 2023

World Petroleum Congress set for Calgary in 2023

The World Petroleum Council of Canada and Meetings Conventions Calgary (MCC) announces Calgary as host city for its 24th Congress.

'Giving young talent a chance to be hands-on with an event is so important'

'Giving young talent a chance to be hands-on with an event is so important'

A-List 2019: Sammi Wratten, event manager at TAG.

Red Bull Racing launches MK-7 event space

Red Bull Racing launches MK-7 event space

New venue in Milton Keynes has a central auditorium, boardroom and mezzanine area, with capacity for 450 people.

Case study: Think Tank at TEDxSydney 2019

Case study: Think Tank at TEDxSydney 2019

INVNT designed and produced the main event as well as designing its own Think Tank space.

2 days left for entries to C&IT Awards

2 days left for entries to C&IT Awards

The deadline to enter the C&IT Awards is 11.59pm on Thursday 27 June, so get your submissions in!

'You can only plan 95% of an event, there's 5% you can never predict'

'You can only plan 95% of an event, there's 5% you can never predict'

A-List 2019: Abigail White, event manager, OrangeDoor.

Conference and meeting spend in UK increases by £1.9 billion

Conference and meeting spend in UK increases by £1.9 billion

Research commissioned by Visit Britain finds MICE sector in good health, with the number of meetings at venues also rising.

4 pitching tips agencies need to know

4 pitching tips agencies need to know

The pitch can be your one chance to prove your credentials so certain elements are essential, says creative director of Timebased.

'If agencies paid more attention to training they would have a higher retention rate'

'If agencies paid more attention to training they would have a higher retention rate'

A-List 2019: Sam Ward, lead projects & event manager, Brandfuel.

In pictures: The first ever C&IT Summit

In pictures: The first ever C&IT Summit

London's Congress Centre hosted an industry gathering featuring panel debates, networking and virtual reality.

LATEST JOBS