Marriott Delivers Late Editions

Marriott has been trying—and failing—for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.

Gaylord to Convert to REIT, Sell Management Business

Gaylord Entertainment, owner of four massive conference resorts, will sell its brand and management operations to Marriott International for $210 million and convert its property holdings to a real-estate investment trust.

Goldman in Talks On Hotel’s Debt

Goldman Sachs, which purchased the massive Marriott Waikiki Beach Resort & Spa in Honolulu in 2005, is in talks to extend or modify the hotel’s debt, which is probably more than the property is worth.