Hotels figure in real estate mutual funds outlook
Real estate-focused mutual funds are positioning their investment strategies for the many changes expected in the post-pandemic environment, including eventual… Read More »
Glow, crowds diminished at Trump Hotel in D.C.
The once-bustling Trump International Hotel in Washington, D.C., appears to have been reduced to a quiet venue in the face… Read More »
Price cuts highlight Hard Rock International promotion
Rate discounts of up to 50% and early and late check-ins will be offered to guests at 22 Hard Rock… Read More »
Hotel chain loses pandemic insurance claim
Ceres Enterprises, which owns hotels in Indiana, Minnesota and Ohio, lost its appeal over a COVID-related business insurance claim filed… Read More »
Holiday Inn Express showing eases $153M IHG loss
InterContinental Hotels Group cited the pandemic’s chill on travel in booking a $153 million loss Tuesday, but said its Holiday… Read More »
US Oyo operators gain more latitude, tech help
US owners of Oyo Hotels & Homes will enjoy increased pricing flexibility and technological support, among other enhancements, under a… Read More »
$350M hotel-residential tower pair eyed in Chicago
A partnership linked to a suburban Chicago developer has proposed a two-tower hotel and residential project in the city’s South… Read More »
Hope trumps distress as hotel sale prices defy pandemic
The window to cut-rate acquisition of distressed hotel properties appears to be closing as sellers hold the line out of… Read More »