Trump group pays $750K to D.C. in flagship hotel suit
Former President Donald Trump’s 2017 inauguration committee and the Trump family business have agreed to pay $750,000 to settle a… Read More »
Preparation may begin this year for Google village
Site preparations, including infrastructure upgrades, for Google’s planned mixed-use village in San Jose, Calif., are expected to begin this year…. Read More »
Expedia chief sees blue skies in 81% Q1 earnings leap
Expedia Group’s CEO celebrated an 81% year-over-year first-quarter revenue increase with a rosy outlook for leisure travel and beyond. “We… Read More »
Disneyland Hotel bedbug suit settled for $100K
The Disneyland Hotel has paid a $100,000 settlement to a woman who said she was bitten by bedbugs and subjected… Read More »
MGM offers $607M for Swedish online casino company
MGM Resorts International has made an offer of approximately $607 million to buy all shares of LeoVegas AB, a Swedish… Read More »
Hard Rock complex with hotel snags first Va. casino license
A $400 million project with a 300-room hotel has won the first casino license to be issued by the Virginia… Read More »
Pebblebrook reports rising occupancy in D.C., other cities
Occupancy in Pebblebrook Hotel Trust’s Washington, D.C.-area portfolio rose to 39% in March from 15% in January, according to CFO… Read More »
What’s up with NYC’s Waldorf Astoria redo? Cost, mostly
The partial conversion of New York City’s storied Waldorf Astoria to luxury condos, one of the most ambitious projects of… Read More »
Manhattan hotels trading at deep discounts
Hotel owner in New York City are selling assets at deep discounts to buyers who are bullish about the area’s… Read More »
US hotel profits climb to 28-month high
US hotels saw gross operating profit per available room at $83.81 hit its highest point since November 2019 in March,… Read More »
Pacers owner leads team seeking Indy hotel complex
A group headed by the owner of the Indiana Pacers is proposing a $250 million mixed-use development with a 16-story… Read More »
Teslas available to rent from Resorts World Las Vegas
Resorts World Las Vegas has partnered with EVolve Rental, the first carbon neutral rental car company in the US, to… Read More »
Travel’s future: Space hotel development
Orbital Assembly has been designing a new hotel that is set to open in 2025 and will include futurist concepts… Read More »
Terrapin CEO talks on hotel acquisitions
Terrapin Hospitality added 17 hotels to its management portfolio this year, following its acquisition of K Partners in September 2021…. Read More »
Calif. tourism up from 2020 but still below pre-COVID levels
A new report by Visit California found that in 2021, the state’s tourism economy improved, bringing with it a 46%… Read More »
Fremont Hotel announces expansion to casino, dining
Fremont Hotel & Casino in Las Vegas is expanding its casino floor and replacing its buffet with a new dining… Read More »
Hersha Hospitality Trust selling properties for $505M
Hersha Hospitality Trust is selling seven hotels for $505 million — $360,000 per key — as part of its strategy… Read More »
Hotels make changes to amenities to boost growth
Accor’s Ennismore Partnership Studio focuses on brand growth and revenue generation by looking at building partnerships in other areas that… Read More »
Wyndham sees higher Q1 earnings than expected
Wyndham Hotels & Resorts first-quarter earnings beat estimates, with its global RevPAR growing 39% compared to the previous year’s first… Read More »
Parkwest purchases Bicycle Hotel & Casino in Calif.
Los Angeles County, Calif.’s Bicycle Hotel & Casino was purchased by an entity affiliated with Parkwest Casinos earlier this month… Read More »
Tishman, Cross Lake acquire Orlando resort for $121M
Cross Lake Partners and Tishman Realty purchased the Wyndham Grand Orlando Resort Bonnet Creek in Orlando near Walt Disney World… Read More »
Hotels put focus on deepening customer relationships
Hotels are looking for ways to up their game and add personalization to deepen customer relationships. Rosewood Hotel Group has… Read More »