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Regional Outlook 

West Las Vegas’ Big Deal The Cosmopolitan Hotel and Casino brought more than the “just the right amount of wrong” to Deutsche Bank, which sunk $4 billion into constructing and running the 3,000 room property after foreclosing on the original

International Beat 

Dubai’s Big Deal A Hong Kong based investor group, Chow Tai Fook Endowment Industry Investment Development, has purchased $1.9 billion in residential and hotel assets in the stalled Dubai Pearl project, a 20 million sf mixed use development in Dubai.

Market Trends 

Briefly Noted Hospitality — With more money available for construction lending, Pittsburgh has become a mecca for limited service hotels, with the number of rooms increasing more than 1,000 percent since 2007, according to a analysis of STR data.