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December 4, 2007
Forest City in the News
HEI Hotels & Resorts Steps Up Commitment to Le Meridien Brand with Two Hotel Acquisitions/Conversions
From an HEI Hotels & Resorts press release, via EarthTimes.org:
HEI expects to complete the previously announced acquisition of the Hotel @ MIT at 20 Sidney Street, adjacent to the MIT campus, from a joint venture between Forest City and the Massachusetts Institute of Technology (MIT) on December 5, and will convert the hotel to the Le Meridien brand. The hotel is situated in the heart of University Park at MIT, a premier, award-winning office, high-tech and biomedical complex, within a short walk of Harvard Square. The property features 7,700 square feet of state-of-the-art meeting space, a full-service restaurant, a terrace garden for outdoor functions and a fitness center.
Posted by lumi at December 4, 2007 3:52 AM