Hawaii’s losses in lodging will lead nation, study says
Hawaii will fare the worst of any state in a US hotel industry that’s expected to continue taking a beating… Read More »
2020 saw robust growth for ALG’s AMResorts
Apple Leisure Group’s luxury subsidiary AMResorts nearly doubled its portfolio in 2020, adding properties in the Caribbean, Mexico and Europe…. Read More »
A closer look at the move to take Brookfield Property private
Brookfield Asset Management’s move to take Brookfield Property Partners private reflects the sense that public markets are not properly valuing… Read More »
Hotel bankruptcies could accelerate in 2021
The pace of hotel bankruptcies has increased and could accelerate further if lenders become less willing to work with borrowers…. Read More »
Survey: Workers fear return to buildings
A recent report from Honeywell reveals most workers in the US and worldwide do not feel safe returning to work… Read More »
Shifts in Blackstone’s real estate portfolio have helped amid pandemic
In recent years, Blackstone Group has made changes to its $341 billion property portfolio that have ended up helping the… Read More »
Closing stats seal 2020 as hotels’ new low
Final figures from STR mark 2020 as the worst year in history for US hotels, with year-over-year drops in occupancy… Read More »
Chefs serve up tasty alternatives in empty hotel rooms
Hotels in Minneapolis-St. Paul are repurposing some vacant rooms as private venues for fine dining, replenishing starved budgets while addressing… Read More »