Bankruptcy ushers out guests of San Jose, Calif., hotel
The San Jose, Calif., Fairmont hotel closed without warning Friday after a Chapter 11 bankruptcy filing, but a spokesman voiced… Read More »
Foreclosure looms for Times Square upscale hotel
Foreclosure on a complex that includes the 42-story Times Square Edition hotel and retail property, once valued at $2 billion,… Read More »
Travel is becoming more vegan friendly
The increasing popularity of veganism is creating an opportunity for travel advisors to help vegan travelers find hotels and restaurants…. Read More »
67% of hotel leaders facing panic button mandates want this
Hotel panic buttons are a must-have for worker safety. While some brands and management companies have started mandating them, a… Read More »
Google unveils free booking links, enhanced options
Google is removing fees from its hotel booking links as of today in a shift that includes expanding choices for… Read More »
Hotels-for-homeless effort won’t grow, L.A. County says
Los Angeles County officials have decided not to expand a program using hotels to house homeless people at risk of… Read More »
Lag in business travel may become permanent
The effect of the pandemic on the business travel industry has been 10 times more serious than both the Sept…. Read More »
IHG’s Meet with Confidence program meets new normal
IHG Hotels & Resorts is expanding its meetings menu to take advantage of growing confidence in travel, with emphasis on… Read More »
Foreclosure actions hit 3 Chicago hotels
Two downtown Chicago hotels and another in the suburb of Schaumburg face foreclosure suits as the pandemic continues to batter… Read More »
Vinpearl hopes to build $2.2B casino-resort in Vietnam
Vinpearl has submitted a proposal for a $2.2 billion casino-resort in Vietnam, which, if approved, would be the ninth casino… Read More »
Hard-hit property sectors showing signs of recovery
The FTSE Nareit All Equity Index total returns rose 2.72% in February, and Nareit EVP of Research and Investor Outreach… Read More »
RFP issued for development of NYC site
Empire State Development has issued a request for proposal for a hotel-centered commercial or mixed-use development as part of a… Read More »
Google it: Travel is much on consumers’ minds
Analysis of activity via Google, the world’s leading search engine, indicates that interest in travel coupled with optimism over vaccine… Read More »
Poll finds vast majority forgoing spring break travel
Only 12% of Americans plan spring break trips despite widening availability of the COVID-19 vaccine, according to a survey by… Read More »
Meetings firm identifies cutting-edge tendencies
Vaccine availability has set the meetings business on the road to recovery, while regional gatherings reached by car remain ahead… Read More »
Clarify hotel reopening process, unions ask Ill. Senate
The Chicago Federation of Labor is beseeching Illinois lawmakers to end the “limbo” of tight limits on hotel convention attendance… Read More »
Wilton Rancheria tribe gets financing for Calif. casino
Construction on a $500 million casino-resort near Sacramento, Calif., is imminent, now that the Wilton Rancheria tribe has obtained funding… Read More »
Dallas complex to feature 500-room hotel-convention center
The $1 billion Sapphire Bay mixed-use project on Lake Ray Hubbard in Dallas will include a 500-room hotel and conference… Read More »
Basketball tourney gives bounce to Indy hotel trade
Next week’s Big 10 men’s and women’s basketball tournaments are giving the struggling downtown hotel business in Indianapolis a shot… Read More »
Classic Vacations purchase signals upswing for upscale
Expedia Group has agreed to sell high-end trip provider Classic Vacations to the Najafi Companies, a private equity firm whose… Read More »
Hotels among targets as $300B awaits equity firms
Global private equity firms have accumulated more than $300 billion in their real estate funds, according to Preqin, positioning them… Read More »
Work resumes on Universal’s Epic Universe in Fla.
Work on the new Epic Universe theme park resumed at Universal Orlando Resort in Florida. The theme park, which will… Read More »
Partnership between Loews, Omni reflects new normal
A new partnership between Loews Hotels & Co. and Omni Hotels & Resorts will promote collaboration and cross-marketing with focus… Read More »
VICI Properties, Apollo funds buy Las Vegas assets
Las Vegas Sands has struck a deal with VICI Properties and funds tied to Apollo Global Management to sell its… Read More »
Hyatt’s independent brands slated for global growth
Hyatt Hotels’ three independent brands will have openings in several new countries by 2025, including Japan, Finland, Mexico and Thailand,… Read More »
Marriott plans use of AI in hotel design
Marriott International Inc. has announced it will become the world’s first hotel company to employ artificial intelligence to help design… Read More »