Days Inn in Chattanooga, Tenn., sells for $10.75M
Kamalaamrut Hospitality Corp. has sold the Days Inn by Wyndham in downtown Chattanooga, Tenn., for $10.75 million. Rivergate Hotel Property… Read More »
Plans for Blackpool Central in England include hotel
Nikal and Media Invest Entertainment has replaced the name of the 126,000-square-foot indoor theme park element of the Blackpool Central… Read More »
3 contenders vie to run casino-resort in Japan
The competition to operate an integrated casino-resort in Nagasaki, Japan, has been narrowed down to three candidates — Casinos Austria… Read More »
Hotels offer new allure to residential developers
The pandemic has generated bargains in the hotel sector that are shifting the attention of real estate developers who normally… Read More »
Recommended post-pandemic spa resorts
Greece’s Euphoria Retreat, Lake Austin Spa Resort in Texas and Spain’s Oceano Tenerife Hotel & Health Spa lead this list… Read More »
85-week high recorded; hotel occupancy nears 2019 mark
US hotel occupancy reached 68% for the week of June 13-19, its best in 85 weeks and just 9.9% below… Read More »
Major mixed-use project with hotel planned in South Fla.
Miami-Dade County, Fla., commissioners have approved a $1.17 billion lease to Terra for a 43-acre mixed-use project. The plan calls… Read More »
Flushing Creek waterfront renderings released
Pei Partnership Architects has unveiled its latest vision for a 29-acre mixed-use project in Queens, N.Y., along the waterfront at… Read More »
The latest luxury trend — floating breakfast
Asian resorts have launched a trend — floating breakfasts — with the meal served in a hot tub or pool…. Read More »
Once-submerged Hawaii hoteliers ride tidal comeback
Hawaii’s hospitality business has a new and welcome problem only months after suffering the nation’s worst setback from the pandemic:… Read More »
Alternative home-stay firms woo travelers fleeing bias
An emerging niche group of short-term rental companies focuses on African-American, LGTBQ and other travelers who feel discriminated against at… Read More »
Tripbam: Corp. Hotel Rates Set to Hit 2019 Levels by Year-End
Current business travel volume is about 30 percent of 2019 levels, and average daily hotel rates remain lower as well… Read More »
Making the most of travel’s comeback
Longer trips, reconnection with family and preference for remote locations over popular destinations are among consumer tendencies emerging from the… Read More »
Hospitality turnaround helps fuel REIT M&A boom
Real estate investment trusts in the hospitality sector have shown a 17% rise in mergers and acquisitions over 2020 as… Read More »
Modular hotel in NYC faces delays due to COVID-19
Marriott’s 26-story AC Hotel in New York City is running into construction delays due to the COVID-19 pandemic despite the… Read More »
Family fun center, hotel part of plans for Franklin, Ky.
One of the attorneys representing Sav Investments LLC has revealed plans for a $70 million tax financing district in Franklin,… Read More »
Pebblebrook to buy Fla. resort for $270M
Pebblebrook Hotel Trust has agreed to buy the Margaritaville Hollywood Beach Resort in a $270 million deal with KSL Capital… Read More »
U.S. Commerce Secretary Calls Corp. Travel Restart ‘Top Priority’
U.S. Secretary of Commerce Gina Raimondo on Wednesday said that restarting business and international travel was a “top priority” of… Read More »
Vermont cuts back hotel program for homeless
An estimated 700 homeless people in Vermont will lose their eligibility for hotel stay vouchers as the state winds down… Read More »
Great Wolf Lodge project in Florida county moves forward
Plans are moving forward to build a Great Wolf Lodge water park resort in Florida after a $15 million incentive… Read More »
Hotels draw pop-up sellers along with bookings
Pop-up retailers are adding hotels to their typical venues of shopping centers and art galleries in response to the revival… Read More »
Blackstone, Starwood seek $4.65B for Extended Stay buy
One of the largest commercial mortgage-backed securities loan offerings in a decade is being launched by Blackstone Group and Starwood… Read More »