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StumbleNew luxury chain plans to open six hotels
Wednesday, July 27, 2005 | 9:33 a.m.
West Paces Hotel Group, an investment firm controlled by hotelier Horst Schulze, said Tuesday it'll spend $700 million to launch a luxury hotel chain that will compete with Four Seasons and Ritz-Carlton.
The new chain, called Solis Hotels & Resorts, will initially open six hotels, the first coming next year in Chicago. Hotels planned for 2007 will be in San Antonio, the Phoenix suburb of Paradise Valley, the Atlanta suburb of Alpharetta, and Frankfurt, Germany. An Orlando hotel will follow in 2008.
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