Bankruptcy looms despite infusion, major hotelier says
Ashford Hospitality Trust, owner of hotels in 27 states, has warned that it could face Chapter 11 bankruptcy, even though… Read More »
$90M purchase of RLH lifts Sonesta to top tier
Sonesta International Hotels Corp. will ascend to the upper ranks of US hospitality companies with its acquisition of RLH Corp…. Read More »
Hotels score big with Indiana-only basketball tourney
Nearly 3,000 rooms have been set aside by Indiana’s hotel industry to accommodate the NCAA Men’s Basketball Tournament, which will… Read More »
Brookfield Asset Management makes offer for rest of Brookfield Property Partners
Brookfield Asset Management and a group of investors have proposed buying the remaining interest in Brookfield Property Partners as part… Read More »
Baltimore extends hotel contracts for homeless
The city of Baltimore will cover hotel fees for local homeless residents through March 2021, by extending an arrangement between… Read More »
These hotel openings won’t lack for grandeur
Resorts World Las Vegas, touted as perhaps the costliest hotel-casino project in history, joins properties from Australia to Vietnam on… Read More »
Circa CEO: Vegas casinos will have “robust” 2021
Derek Stevens, CEO of Las Vegas’ D Casino and Hotel, Circa Resort and Casino and the Golden Gate Hotel and… Read More »
Pair wages national jobs crusade for ex-hotel staffers
Two laid-off hotel employees have started a campaign to alert other industries to the transferable skills of their peers and… Read More »