Laurus Corp. Acquires Sixth Hotel in 2012
Friday December 28th, 2012 - 10:10AM H
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LOS ANGELES—Laurus Corporation, based here, has acquired the Hilton Kansas City Airport Hotel in Kansas City, MO. This is the company’s second closing on a Hilton property in the past week, and its sixth acquisition in 2012.
The company is planning an $8-million property improvement plan, including a modernized lobby, restaurant and bar. Guestrooms, meeting space and common areas will also be enhanced.
The 347-room hotel features 21,000 sq. ft. of meeting space and is located close to Fortune 500 companies including General Motors, Ford Motors, Harley-Davidson, Toyota and Sony.
Tags: • Hospitality • Ownership •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.