Hotel developers gravitate to mixed-use projects
The likelihood that each component in a mixed-use project will enhance the value of others is proving attractive to hotel… Read More »
$150M N.J. plan would end 50-year drought in new hotels
Historic Cape May, N.J., may see its first new hotel in a half-century if an upscale resort developer wins approval… Read More »
How do you like your coffee? Hoteliers count the ways
The menu of 26 varieties of milk at Chicago’s Peninsula Hotel illustrates the piping hot status of personalized coffee service… Read More »
Debt may spur hotel sales, investment leader predicts
Debt and rising costs of operations and upkeep may compel many owners of hotels in uncertain urban markets to sell… Read More »
HotelPlus bought by fellow Kenya firm HotelOnline
Kenya-based travel technology company HotelOnline has purchased HotelPlus, a software provider with clients in 22 countries. The price was not… Read More »
Vienna House brand bought by Wyndham for $44M
Wyndham Hotels & Resorts is expanding its portfolio by approximately 40 properties with its $44 million purchase of the Vienna… Read More »
CMBS delinquency rates dropped below 3% in Aug.
Last month, CMBS delinquency rates dipped to 2.98%, marking the first time that the figure has been under 3% since… Read More »
Upscale hardware chain joins hotel ownership parade
The RH Guesthouse New York in the city’s Meatpacking District marked the foray by RH, formerly Restoration Hardware, into the… Read More »