Financing flow outlook brightens for lodging
Investment prospects are accelerating for the hospitality industry, a banking expert says, though new construction money will ramp up relatively… Read More »
Baton Rouge, La., airport hotel sells for $3.5M
Louisiana investment group Akshardham LLC has purchased the Microtel Inn & Suites by Wyndham Baton Rouge Airport for $3.5 million…. Read More »
Could the ISS be the first space hotel?
The International Space Station could add commercial uses to its functionality, including lodging accommodations for “private astronauts” willing to pay… Read More »
Lifestyle hotels differ in definition, not trendiness
Lifestyle hotels are a prominent source of growth for hotel chains, but defining the label for them remains elusive. While… Read More »
TWA Hotel at JFK now offers roller skating
New York’s TWA Hotel now has a novel amenity — roller skating on the tarmac at John F. Kennedy International… Read More »
CEO of SeaWorld Entertainment outlines vision for parks
SeaWorld Entertainment CEO Marc Swanson said during an interview that the company is considering building hotels at its theme parks… Read More »
Noted Harrisburg, Pa., hotel auctioned off for $5.9M
The Radisson Hotel Harrisburg, Pa., was sold for $5.9 million after a three-day auction to a party whose name was… Read More »
Jungle Island park with hotel in Fla. reopens soon
The “Jungle Island — Miami’s Adventure Oasis” eco-adventure park and hotel will open next year in Miami, Florida. The 18.5-acre… Read More »
Dubai’s Legoland Hotel will be brand’s first in region
The Middle East’s first Legoland hotel is scheduled to open this year by Dubai Parks and Resorts. New rides will… Read More »
Hospitality Investors Trust files for bankruptcy
Hospitality Investors Trust has filed for Chapter 11 bankruptcy. The company, which has ownership interests in 100 hotels in the… Read More »
Hygiene, kid-friendly rank high in Expedia traveler study
Cleanliness is the number one criterion for booking lodgings and “room for improvement in ‘kid-friendly’ hotels” is cited by seven… Read More »
Planned luxury hotel touted as first for Wilmington, Del.
A development team says it will open the first luxury boutique hotel in Wilmington, Del., early next year in a… Read More »
Startup focuses on modular rooms for hotels, apartments
MiTek, a startup owned by Berkshire Hathaway, has entered a modular building partnership with Danny Forster & Architecture that will… Read More »
Agencies vie for chance to revive Las Vegas tourism
As Las Vegas begins to see in uptick in guests at casinos and hotels, the Las Vegas Convention and Visitors… Read More »
Hotel operations site MyDigitalOffice buys Broadvine
MyDigitalOffice, a hotel performance management platform, hopes to enhance its services with the purchase of budgeting and forecasting software provider… Read More »
Shell company in Accor’s plans for expansion
France-based Accor, Europe’s largest hotel company, says it will launch a special purpose acquisition company (SPAC) to raise about $365… Read More »
Mich. tribe earns federal approval on casino-hotel project
A $180 million project to build a casino and hotel in Fruitport Township, Mich., may finally come to fruition for… Read More »
Hotel tax lifted for NYC’s summer tourist season
New York City will attempt to revive its devastated tourism trade by suspending its hotel tax for three months as… Read More »
Mexico City chosen for 20th Rosewood hotel in Americas
Rosewood Hotels and Resorts plans to open its 20th hotel in the Americas in 2024. An expansion of the Antara… Read More »
Hotel REIT execs discuss transactions during earnings calls
Hotel REIT executives are forging ahead with sales and acquisitions despite a relative lack of distressed transactions. This article looks… Read More »
Hotels find it difficult to fill job openings
Hotels are finding it difficult to fill openings for housekeepers, kitchen staff and other positions, although there is disagreement about… Read More »
Casino-resort in Greece may break ground this fall
Construction on Mohegan Gaming and Entertainment’s casino-resort in Athens, Greece, may begin as soon as this fall with an opening… Read More »