Sabah, Malaysia, could get theme park, resort
The state government is considering a proposal to construct a five-star resort and a theme park in an area protected… Read More »
Court seals Blackstone’s $6.3B purchase of Crown Resorts
Blackstone Inc.’s lengthy quest to acquire Australia’s largest casino operator came to a successful end Wednesday with approval of the… Read More »
Leaky convention center hotel in Mo. called drag on tourism
University Plaza, once the flagship convention hotel in Springfield, Mo., has fallen into such disrepair that tourism is suffering, laments… Read More »
Appeal is in the food at forthcoming Appellation hotels
The first of a chain of upscale hotels built around haute cuisine is scheduled to open late next year in… Read More »
Latest study affirms hospitality’s comeback
A new analysis from real estate research firm Marcus & Millichap finds full recovery imminent for the hotel industry despite… Read More »
NYC hotel’s architect of record never reviewed plans
A retired architect whose signature authorized the design of a 642-foot hotel tower now under construction in New York City… Read More »
Choice Hotels buying Radisson Americas
Choice Hotels International is buying Radisson Hotel Group Americas’ franchise business through a $675 million deal. Choice will gain nine… Read More »
Growth-minded Highgate chief eyes luxury, lifestyle hotels
Luxury and lifestyle properties top the shopping list of new Highgate Hotels CEO Arash Azarbarzin, whose company now lists about… Read More »
Thai billionaire offers $970M for Frasers Hospitality
Real estate giant Frasers Property has proposed a deal valued at $970 million to acquire that part of the real… Read More »
Disney will debrief guests of Star Wars hotel
Officials of Disneyland in California plan to quiz former guests of the ballyhooed Star Wars: Galactic Cruiser hotel at Disney… Read More »
$754M refi secured for upscale NYC hotel-condo venture
OKO Group has closed on a $754 million refinancing deal with JPMorgan for a luxury hotel and condo project on… Read More »
High times, high prices: Buoys of summer for hospitality
Elevated room rates have fueled the hotel industry’s robust recovery from a devastating pandemic, and executives of the leading chains… Read More »
Five-star NYC hotels still value their concierges
Through the pandemic many of New York City’s three-star and four-star hotels did away with their concierges, but the five-star… Read More »
1 Hotels, Audi team up with posh restaurant, nonprofit
Sumptuous dining with sustainability is the theme of a new venture by the partnership of 1 Hotels and Audi of… Read More »
Pre-testing halt for US entry seen as boon for hotels
The Biden administration answered a long-standing plea from the hotel and travel industries Friday by calling an end to the… Read More »
Integrated resort in Greece comes closer to fruition
Gek Terna and a consortium of companies have signed a concession agreement with the Greek Finance Ministry that will move… Read More »
Choctaw Nation breaks ground on Okla. Casino
Construction is set to begin on Choctaw Landing in Hochatown, Okla., the Choctaw Nation’s new $165 million casino complex. The… Read More »
Manhattan discounting at work in Hilton Times Square buy
The Hilton Times Square has changed hands for $85 million, about 35% less than its 2006 sale price, in the… Read More »
10-year outlook for travel, tourism: $2.6B, 6M jobs
Travel and tourism are projected to swell the US gross domestic product by more than $2.6 billion over the coming… Read More »
Tribal firm taking over MGM Mississippi resort for $450M
MGM Resorts International says it will sell operations of its Gold Strike Tunica resort in Mississippi for $450 million in… Read More »
Bleisure boom has hotels paying heed, study finds
Mixing business and pleasure has made for a heady brew in the hotel industry, with a new study showing a… Read More »
Study: Hospitality fails to further Black representation
Castell Project’s 2022 Black Representation in Hospitality Industry Leadership report suggests that industry’s C-suite commitment to increasing the share of… Read More »