Karisma-Affirm venture provides for monthly payments
Guests at Karisma Hotels & Resorts properties will be able to divide their bills into monthly payments under a new… Read More »
Sunstone Hotel Investors hands over Times Square Hilton hotel
Sunstone Hotel Investors has given the Hilton Hotel in Times Square to the special servicer. The 44-story, 478-room hotel was… Read More »
Margaritaville Resort in Miss. unveils reopening date
The reopening of Margaritaville Resort Biloxi in Mississippi has been set for March 10. The resort, which has undergone renovations… Read More »
Calif. hotel employees seek relief, recall rights
Laid-off California hotel workers are pushing for improved financial help in the second federal relief package and for recall and… Read More »
Hilton pact writes Black entrepreneurs into hotel annals
An $8.3 million deal with Hilton Worldwide Holdings has made two former college roommates the youngest African-American female property co-owners… Read More »
Makeover of once-grand hotel may proceed, NYC says
New York City officials have withdrawn their opposition to the planned redevelopment of the landmark Chelsea Hotel into a luxury… Read More »
Get a taste of UK at Macao’s Londoner resort
Sands China is opening The Londoner resort in Macao in February with a 600-room luxury hotel with 14 Suites by… Read More »
People on the move enjoy a better mood, survey says
A university survey conducted in the throes of the pandemic found travelers happier — albeit by a slight margin —… Read More »
Cornett, VisitLEX woo “The Queen’s Gambit” fans
Cornett and VisitLEX are maximizing the fact that Lexington, Ky., is the hometown of the protagonist in Netflix’s “The Queen’s… Read More »
$110M development planned in Mich. includes hotel
A $110 million mixed-use development is being proposed for a property in downtown Muskegon, Mich., where past plans to build… Read More »
Airlines take safety precautions for flights in D.C. area
Airlines are working with law enforcement after President Donald Trump’s supporters stormed the US Capitol. American Airlines has beefed up… Read More »
Nongaming Vegas hotel’s builder likes odds for oddity
Locally born developer Lorenzo Doumani is making an $850 million bet that a nongaming, nonsmoking resort near the Las Vegas… Read More »
Iowa city speeds up $1.2M loan issuance for new hotel
The Clear Lake, Iowa, City Council has voted to extend a $1.2 million loan to a Marriott hotel and event… Read More »
Ski vacations still popular but different
Colorado’s ski resorts are proving popular with locals and travelers even as they implement new reservation systems and other restrictions…. Read More »
Commentary: Hotel property values slumping, unsettled
Hotel property values have declined sharply during the pandemic, but sellers and buyers won’t arrive at levels of discounts until… Read More »
Philadelphia to welcome $600M Live! Casino & Hotel
The $600 million Live! Casino & Hotel Philadelphia will open this month in the city’s Stadium District, more than two… Read More »
Hyatt loyalty campaign encourages stays at new hotels
An initiative by Hyatt Hotels Corp. incentivizes members of the World of Hyatt rewards program to book stays at new… Read More »
Sell 20% of China business, financier advises MGM
MGM Resorts International has been urged by an investment firm to sell 20% of its China business to a strategic… Read More »
Investor pushes for Ashford Hospitality to overhaul board
Activist investor Cygnus Capital expressed concerns about the management of Ashford Hospitality Trust and notified shareholders that it is backing… Read More »
Virtual can be hospitality’s new reality
Operating remotely can work well for a hotel industry that’s historically relied on face-to-face interaction, but a host of challenges… Read More »
Hotel REIT sector could offer opportunities for public-to-private deals
Consolidation in the hotel REIT sector might be more likely to come through public-to-private transactions than through public-to-public ones, analysts… Read More »
Safari lodges give new meaning to ecotourism
Some of the most cutting-edge advances in tourism can be found in the wilds of Africa, where some tours are… Read More »