Dreamworld in Australia unveils new $75M resort project
Dreamworld in Coomera, Australia, is planning to build a tourist park and resort called Dreamworld Resort on land owned by… Read More »
Developer eyes NYC site for high-rise hotel
Wharton Properties has filed plans to build a 26-story, 363-room hotel in Manhattan, with retail on the ground floor and… Read More »
Orlando resort buy, strong Q1 brighten Host picture
Host Hotels & Resorts, the nation’s largest lodging real estate investment trust, bestowed a vote of confidence in pandemic-era luxury… Read More »
Penguin Passport sets 21C Museum Hotels guests apart
A new loyalty program by 21C Museum Hotels limits membership to 250 customers as the company seeks to build an… Read More »
Study: Travelers seek warmth, nearness, flexibility
Priceline’s latest take on travel trends includes an increase in close-to-home road trips as well as bleisure and workation trips…. Read More »
Addition at N.C. casino-resort to open late fall
An opening date has not yet been set, but a $330 million project at Harrah’s Cherokee Casino and Resort in… Read More »
Poker champ turned hotelier sees Va. site as safe bet
A globetrotting entrepreneur and former Silicon Valley software engineer who’s also a star poker player with millions in winnings has… Read More »
Prefab design-builder secures $190M
Digital design-build company Prescient plans to make a bigger play in the multifamily sector, after securing $190 million in strategic… Read More »
Ryman buys remaining stake in Gaylord Rockies for $210M
Ryman Hospitality Properties has made a $210 million deal to acquire the remaining interest in the Gaylord Rockies joint venture… Read More »
Hyatt shares good news along with $304M Q1 loss
Hyatt Hotels reported a $304 million net loss for the first quarter, nearly three times that of the first quarter… Read More »
China will see 4 more upscale Hilton-Shimao hotels
The largest Conrad hotel in Asia will be among four luxury properties Hilton and Shimao Group Holdings have agreed to… Read More »
Priceline: Travelers want warm and close to home
Priceline’s latest take on travel trends includes an increase in close-to-home road trips as well as bleisure and workation trips…. Read More »
Hotels, business group partner in Grand Rapids, Mich.
The Hotel District of Grand Rapids, Mich., which comprises 10 downtown properties, is teaming up with the Center City Business… Read More »
Las Vegas’ Pandemic-idled Palms sold to tribe for $650M
The San Manuel Band of Mission Indians has agreed to purchase the Palms casino-resort in Las Vegas for $650 million… Read More »
Walt Disney World in Fla. to open new hotel in 2022
The opening of the “Star Wars — Galactic Starcruiser” hotel at Walt Disney World Resort in Orlando, Fla., initially planned… Read More »
Halfway there: US hotel revenues continue climb back
US hotels reached 50% of 2019’s comparable total revenue level in March, according to STR’s latest report. The attainment came… Read More »
Hotel idea for homeless still alive in Austin, Texas
A homelessness abatement plan by the City of Austin, Texas, includes the possible purchase of the Candlewood Suites, despite a… Read More »
Moving experience: The Hoxton offers campervan cruises
London-based upscale lifestyle brand The Hoxton is sending guests on the road between May 27 and Sept. 27, handing them… Read More »
MGM Growth Properties upbeat about Las Vegas’ prospects
MGM Growth Properties executives are feeling positive about recovery in Las Vegas and on the Strip as major conventions such… Read More »
Hotel construction pipeline poised for rebound
The US had nearly 5,000 hotels and more than 620,000 rooms in its first-quarter construction pipeline, marking a slight year-over-year… Read More »
New Denver hotel needs no warmup for MLB All-Star Game
The Rally Hotel was more than ready when Major League Baseball moved its July 13 All-Star Game from Atlanta to… Read More »
Short-term rental startup Sonder to merge with SPAC
Sonder, which transforms apartments and hotel rooms into short-term rentals, is merging with special purpose acquisition company Gores Metropoulos II,… Read More »
New outlook from Moody’s brightens for hospitality
Moody’s has ungraded its global hospitality forecast from stable to positive, characterizing the rebound as strong but uneven. The outlook,… Read More »
Sunstone buys Calif. luxury hotel for $265M
Sunstone Hotel Investors has acquired the 130-room Montage Healdsburg hotel in California’s Sonoma County for $265 million, or around $2… Read More »
Happy homes for hefty prices offered by NYC hotels
Upscale hotel brands in Manhattan are drawing big spenders into the big-city good life by adding full-service residences to their… Read More »
Hotels face long road back for business travel
Drastic cutbacks in corporate travel in favor of remote conferencing will continue weighing down hotel recovery for many months, experts… Read More »