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News in brief: Westin, White Lodging, Wyndham

Westin to expand in Texas:  Starwood Hotels & Resorts Worldwide signed an agreement with The Howard Hughes Corp. to open the 302-room The Westin, The Woodlands, at the end of 2015.

Read more at MarketWatch

 


White Lodging to expand in Florida:  White Lodging assumed the management contract for the 194-room Embassy Suites West Palm Beach Airport Hotel, owned by RLJ Lodging Trust.

Read more at NassauNewsLive.com

 


Wyndham completes $350 million term securitization:  Wyndham Worldwide has completed a term securitization transaction involving the issuance of $350 million of asset-backed notes.

Read more at PR Newswire

 


Nebraska hotel sold:  Bayview Asset Management sold the 107-room Hawthorn Suites by Wyndham, Omaha Central to an undisclosed buyer for an undisclosed sum. The purchaser will retain the Hawthorn Suites franchise by Wyndham and renovate the property.

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