Commercial

World’s Smallest Hotel to Open in Copenhagen

Shrinking furniture and apartments can pull off being "micro" with a “cute, cozy and efficient” label but a hotel or resort always charms with size. But that is set to change now. The world’s smallest hotel will have just one room, one bathroom and will be located atop a small café when it opens in June.

Sunstone Acquires New Orleans Hilton for $59.4 Million; Under Contract to Purchase Boston Park Plaza &Towers for $250 Million

Sunstone Hotel Investors Inc, a famous hotel industry investing firm has purchased the Hilton New Orleans hotel on St. Charles Avenue for $59.4 million and has also entered into contract to buy the famous Boston Park Plaza and Towers in Back bay, Boston for around $250 million. The firm just announced the transactions in its first quarter results ended March 31, 2013.

Care to Buy Some “Lunar” Real Estate? (VIDEO)

If you thought that the real estate market on earth was hot, you would definitely call the property market of the moon “scorching”. Dennis Hope, founder of Lunar Embassy Corporation and a real estate agent claims that he has sold almost around 7.5 percent of the moon’s land and made around $600 million by selling 11 acres of the natural satellite!