Hospitality turnaround helps fuel REIT M&A boom
Real estate investment trusts in the hospitality sector have shown a 17% rise in mergers and acquisitions over 2020 as… Read More »
Modular hotel in NYC faces delays due to COVID-19
Marriott’s 26-story AC Hotel in New York City is running into construction delays due to the COVID-19 pandemic despite the… Read More »
Family fun center, hotel part of plans for Franklin, Ky.
One of the attorneys representing Sav Investments LLC has revealed plans for a $70 million tax financing district in Franklin,… Read More »
Pebblebrook to buy Fla. resort for $270M
Pebblebrook Hotel Trust has agreed to buy the Margaritaville Hollywood Beach Resort in a $270 million deal with KSL Capital… Read More »
Vermont cuts back hotel program for homeless
An estimated 700 homeless people in Vermont will lose their eligibility for hotel stay vouchers as the state winds down… Read More »
Great Wolf Lodge project in Florida county moves forward
Plans are moving forward to build a Great Wolf Lodge water park resort in Florida after a $15 million incentive… Read More »
Hotels draw pop-up sellers along with bookings
Pop-up retailers are adding hotels to their typical venues of shopping centers and art galleries in response to the revival… Read More »
Blackstone, Starwood seek $4.65B for Extended Stay buy
One of the largest commercial mortgage-backed securities loan offerings in a decade is being launched by Blackstone Group and Starwood… Read More »
Hotels offering freebies to incentivize employees
Some hotel owners are combatting the labor shortage by offering free beachfront accommodations, job skills training, enhanced benefits and fitness… Read More »
Resorts World Las Vegas, Grubhub team on new dining app
Resorts World Las Vegas is working with Grubhub on technology to revamp traditional in-room dining by allowing guests to order… Read More »
Fun hotels perfect for the whole family
Hotels nationwide have a lot to offer families in search of a fun place to stay, from donut-themed rooms to… Read More »
Hilton to have 11K rooms in Las Vegas market
Hilton Hotels plans to have 30 hotels with 11,000 rooms in Las Vegas by the end of 2021. Resorts World… Read More »
Condor Hospitality Trust to evaluate strategic options
The board of directors at Condor Hospitality Trust is evaluating strategic options, including a potential sale, to increase shareholder value…. Read More »
Dutch East Design revamps building into new hotel
Marcel Breuer’s Armstrong Rubber Company headquarters in New Haven, Conn., has been reinterpreted as The Hotel Marcel, with a softer,… Read More »
Hotels close to pre-pandemic industry level
Hotels are on their way to pre-pandemic numbers, according to a recent Trepp analysis that showed the share of employees… Read More »
Osage Nation breaks ground on relocated Okla. casinos
Construction has started on two locations for Osage Nation casinos in Bartlesville and Pawhuska, Okla., with both sites expected to… Read More »
San Antonio hotel will serve homeless under city deal
The San Antonio City Council has voted to use federal relief funds to lease a downtown Days Inn for homeless… Read More »
Leisure, retail park coming to Enniskillen, Northern Ireland
A proposal to build the Lakelands Retail & Leisure Park in Enniskillen, Northern Ireland, has received approval from Fermanagh and… Read More »
Hyatt CEO: Business travel will return in the fall
Hyatt CEO Mark Hoplamazian asserts that the leisure travel that’s led a resurgence of the lodging business soon will be… Read More »
Hotel, airline app downloads soar as travelers return
As travelers gear up for long-delayed vacations, downloads of hotel apps were up 258% and airline apps 311% in May… Read More »
Breakthrough for hotels: Court victory vs. insurers
A New Hampshire court has granted a partial summary judgment on behalf of a group of hotels that sued eight… Read More »
N.Y. lawmakers OK $100M plan for hotel, office re-use
Newly passed legislation would empower the state of New York to spend up to $100 million to buy distressed hotels… Read More »
Nev. casino first in area to use Autonomous Security Robot
Grand Sierra Resort and Casino’s newest security officer in the Reno, Nev., facility is a Knightscope K5 Autonomous Security Robot… Read More »
Whitbread looking skyward after uptick in low times
The UK’s travel restrictions couldn’t keep Premier Inn owner Whitbread PLC from enjoying a rise in bookings and share value… Read More »
What pandemic? Wyndham pipeline nearly matches norm
Wyndham Hotels & Resorts spent the pandemic replenishing its pipeline to roughly 90% of the previous year’s level, making nearly… Read More »
Plan application filed for Blackpool Central in England
Blackpool Council has received a planning application for the proposed Blackpool Central project in England. The $417 million project, which… Read More »