Subsidiaries of Constellation Hotels Holdings have purchased The St. Regis Rome hotel for $150.7 million. The 161-room property will continue to fly the St. Regis flag and be operated by Starwood Hotels & Resorts Worldwide under a new management contract. Starwood said the deal is aligned with the hotel firm’s shift in focus toward managed properties. Read the Hotel Management online story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging