THE GOSTELOW REPORT | |||
The Sorgente Group , based in Rome , has U . S . real estate that includes 27 % of the Chrysler Building and 51 % of the Flatiron Building in New York City alone , and this May it bought the Clock Tower Building in Santa Monica , California . The president of Sorgente Group of America Corp ., Veronica Mainetti , also has announced a US $ 1.4 billion fund to finance acquisitions of trophy assets in Europe . They would be added to a portfolio that includes hotels in |
MARY GOSTELOW |
Hong Kong , a church-owned conversion convenient to the convention center , is already so successful Henley is looking for more opportunities to add to a pipeline that already includes Colombo , Galle and Kandy in Sri Lanka , Pattaya in Thailand and Penang in Malaysia .
George Tanasijevich , president and CEO of Marina Bay Sands Singapore , also heads Las Vegas Sands ’ ( LVS ) development throughout Asia . In Japan he is optimistic
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Puglia and Tuscany ( there is also a Sorgente on the Argentinian side of the Iguazu Falls ).
Minor International Chairman Bill Heinecke has bought 50 % of Per Aquum , which gives Minor International management of three more properties , two in the Maldives and one in Dubai . Heinecke says this fits his long-term goal , a crescent from Sub-Saharan Africa east to Australia .
Peter Henley , president and CEO of Onyx Hospitality Group , has high hopes for Onyx ’ s luxury Saffron product , which offers space and privacy . He is also excited about the Ozo brand . Ozo Wesley
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about a multi-party group trying to steer the various processes in support of integrated resorts through legislation . In Korea the new Park leadership has been concentrating on welfare and job creation , but the growing Korean entertainment sector means there is a growing shortage of venue space , and a LVS property could act as a base . In Vietnam , LVS has told the government it wants a major destination . In each case LVS aggressively presents a positive business plan showing how it can promote tourism , employment and income , but it is only interested in integrated resorts . |