UK hotel introduces Watermelon Sugar High Spa Day
The spa at the Abbey Hotel in Redditch, UK, is hosting the “Watermelon Sugar High Spa Day,” with Harry Styles-themed… Read More »
Moves lift Hyatt growth outlook, serve long-term plan
A June 4 deal with Service Properties Trust to continue managing 17 of the 22 Hyatt Place hotels owned by… Read More »
No quick answer for Chicago hotels eyeing federal aid
Chicago hoteliers seeking a $75 million cut of the city’s forthcoming $1.9 billion in federal pandemic relief will have to… Read More »
Huge tax cut awarded NYC hotel stirs broad concerns
A judge has granted an 85% tax assessment reduction to the Marriott Courtyard near LaGuardia Airport, raising the prospect of… Read More »
Public’s Ian Schrager approaches reopening as reset
The creator of the Public brand of luxury hospitality says he plans to expand to other major markets as he… Read More »
New owner of NOLA’s Frenchmen Hotel looks ahead
Restaurateur Robert Thompson has more New Orleans acquisitions in mind after joining a national trend toward purchases of smaller hotels… Read More »
Ex-Red Lion CEO starts Victory Hotel Group
A new company formed by former Red Lion Hotels CEO Greg Mount will provide hospitality consulting in the branded midscale… Read More »
Summit Hotel JV buying Residence Inn for $33M
Summit Hotel Properties is buying a Residence Inn in Steamboat Springs, Colo., through its joint venture with GIC for $33… Read More »
Beverly Hills hotel, condos changing hands for $77.9M
The Mr. C Beverly Hills Hotel and five adjacent condominiums in Los Angeles are being sold for $77.9 million. Braemar… Read More »
Focus on those still hurting, AHLA chief tells Congress
American Hotel and Lodging Association CEO Chip Rogers is asking Congress to enact relief for the hospitality industry that targets… Read More »
Chains must share blame for “deflagging”
Dropping brand affiliation, or “deflagging,” is on the rise among hoteliers for a variety of reasons, including lapsed performance on… Read More »
Vegas casinos line up July 4 fireworks as tourism explodes
As visitors return to Las Vegas in droves, several casino-hotels on the Strip have announced plans to resume fireworks celebrations… Read More »
UNWTO says half project travel rebounding by 2024
The United Nations World Tourism Organization has released its latest analysis if global travel, confirming what everyone knows — the… Read More »
Defiance launches travel business ETF
Defiance ETFs launched an exchange-traded fund that invests in companies in the travel and leisure businesses. The Defiance Hotel, Airline,… Read More »
Plaza suite where JFK slept sells at loss for under $20M
A four-bedroom suite at New York City’s Plaza Hotel, once a stopover for President John F. Kennedy, has sold for… Read More »
Valor adds 17 IHG-branded UK hotels in joint venture
Atlanta-based management firm Valor Hospitality Partners is doubling its UK portfolio by acquiring 17 regional IHG Hotels & Resorts-branded hotels…. Read More »
Gaming & Leisure closes on $480M Ind. casino-hotel deal
Gaming & Leisure Properties and Bally’s Corp. have closed on their $480 million purchase of Tropicana Evansville from Caesars Entertainment…. Read More »
Upscale hotel planned for 1923 Maine structure
A building in downtown Portland, Maine, will reach its 100th anniversary as the site of a new luxury hotel with… Read More »
Funds seek distressed opportunities in CMBS market
Axonic Capital and Metamorphosis Hotel Capital Partners are searching for discounted property investment opportunities amid the commercial mortgage-backed securities market,… Read More »
Summer staffing in short supply for US hoteliers
Invitation cards handed out to strangers and $500 payments for referrals are among measures hotels throughout the US are taking… Read More »
Gaming REITs offer attractive path to investing in Las Vegas
Gaming REITs such as VICI Properties and MGM Growth Properties are appealing vehicles for investors seeking to tap into opportunity… Read More »
Las Vegas resorts to offer streamlined booking process
Resorts World Las Vegas and the Sahara Las Vegas are two of the first venues to utilize a unified booking… Read More »