Hotels, other hard-hit REITs attract investors anew
Lodging, retail, office and residential categories of real estate investment trusts are being targeted by investors after suffering heavily during… Read More »
Okla. casino-resort undergoing $500M expansion project
A $500 million overhaul of the Choctaw Casino and Resort in Durant, Okla., is underway and will feature more than… Read More »
Travelers United sues MGM Resorts over “drip pricing”
MGM Resorts is being sued by Travelers United, a nonprofit travel advocacy group, over its “drip pricing” policy that charges… Read More »
Hilton’s Egypt growth plan: 9 hotels, 3 new brands
Hilton Worldwide plans to add nine hotels by 2026 to the 14 it lists in Egypt, with three new brands… Read More »
Progress, with far to go, found in US hotel occupancy
US weekly hotel occupancy reached a 20-week high in the Feb. 28-March 6 period, though it remained well below that… Read More »
Report: Casino resort may be be in cards for NYC
Bally’s Corp., Las Vegas Sands and Wynn Resorts reportedly are vying to bring a casino resort to New York City,… Read More »
Eagle Hospitality Trust to auction 15 US hotels
Singapore-listed Eagle Hospitality Trust is holding a stalking-horse auction for 15 US hotel properties with a starting price of $470… Read More »
Miami chosen for Kayak’s foray into hotel trade
The travel search engine company Kayak has entered the hotel business in partnership with the Life House chain, planning the… Read More »