Extended Stay sale to Blackstone-Starwood sealed
Shareholders of Extended Stay America voted last week to approve sale of the chain to Blackstone Group and Starwood Capital… Read More »
Hotels consider a potential future with fewer workers
As the travel industry recovers, hotel leaders are considering whether they can function with fewer workers than they once did…. Read More »
What is cost of housing homeless in hotels?
Kansas City, Mo., council members pressed a new nonprofit about how $4.7 million in funding is being spent to house… Read More »
2 New Orleans hotels open doors for art showings
The Ritz-Carlton, New Orleans, will feature the works of artists Michael Godard, Kre8 and Duaiv that are also part of… Read More »
Modular hotel faces delays; pieces sit in Brooklyn port
Construction of 26-story modular Marriott hotel in New York City has stalled while the developer raises more funds, leaving parts… Read More »
New Hard Rock Hotel venue also an emergency shelter
Enhancements to the Hard Rock Hotel & Casino Sacramento totaling $65 million include a 16-pump gas station with a convenience… Read More »
Trump golf resort up against new ban on gambling
The city of Doral in Miami-Dade County voted to ban gambling, affecting former President Donald Trump’s Doral golf resort, which… Read More »
Design of Aparium hotels taps into buildings’ history
Aparium Hotel Group has made its name by opening in secondary markets such as Des Moines, Detroit and Minneapolis and… Read More »
Hotel rebound accelerates with “vengeance”
Hotel industry recovery is making its long climb back faster than expected, observers say, crediting “revenge travel” — the making… Read More »
Developers envision massive replacement for Grand Hyatt
Developers RXR Realty and TF Cornerstone plan to replace the Grand Hyatt Hotel in Manhattan with offices, a new hotel… Read More »
UK hotel introduces Watermelon Sugar High Spa Day
The spa at the Abbey Hotel in Redditch, UK, is hosting the “Watermelon Sugar High Spa Day,” with Harry Styles-themed… Read More »
Moves lift Hyatt growth outlook, serve long-term plan
A June 4 deal with Service Properties Trust to continue managing 17 of the 22 Hyatt Place hotels owned by… Read More »
No quick answer for Chicago hotels eyeing federal aid
Chicago hoteliers seeking a $75 million cut of the city’s forthcoming $1.9 billion in federal pandemic relief will have to… Read More »
Huge tax cut awarded NYC hotel stirs broad concerns
A judge has granted an 85% tax assessment reduction to the Marriott Courtyard near LaGuardia Airport, raising the prospect of… Read More »
Public’s Ian Schrager approaches reopening as reset
The creator of the Public brand of luxury hospitality says he plans to expand to other major markets as he… Read More »
New owner of NOLA’s Frenchmen Hotel looks ahead
Restaurateur Robert Thompson has more New Orleans acquisitions in mind after joining a national trend toward purchases of smaller hotels… Read More »
Ex-Red Lion CEO starts Victory Hotel Group
A new company formed by former Red Lion Hotels CEO Greg Mount will provide hospitality consulting in the branded midscale… Read More »
Summit Hotel JV buying Residence Inn for $33M
Summit Hotel Properties is buying a Residence Inn in Steamboat Springs, Colo., through its joint venture with GIC for $33… Read More »
Beverly Hills hotel, condos changing hands for $77.9M
The Mr. C Beverly Hills Hotel and five adjacent condominiums in Los Angeles are being sold for $77.9 million. Braemar… Read More »
Focus on those still hurting, AHLA chief tells Congress
American Hotel and Lodging Association CEO Chip Rogers is asking Congress to enact relief for the hospitality industry that targets… Read More »
Chains must share blame for “deflagging”
Dropping brand affiliation, or “deflagging,” is on the rise among hoteliers for a variety of reasons, including lapsed performance on… Read More »
Vegas casinos line up July 4 fireworks as tourism explodes
As visitors return to Las Vegas in droves, several casino-hotels on the Strip have announced plans to resume fireworks celebrations… Read More »
UNWTO says half project travel rebounding by 2024
The United Nations World Tourism Organization has released its latest analysis if global travel, confirming what everyone knows — the… Read More »
Defiance launches travel business ETF
Defiance ETFs launched an exchange-traded fund that invests in companies in the travel and leisure businesses. The Defiance Hotel, Airline,… Read More »
Plaza suite where JFK slept sells at loss for under $20M
A four-bedroom suite at New York City’s Plaza Hotel, once a stopover for President John F. Kennedy, has sold for… Read More »
Valor adds 17 IHG-branded UK hotels in joint venture
Atlanta-based management firm Valor Hospitality Partners is doubling its UK portfolio by acquiring 17 regional IHG Hotels & Resorts-branded hotels…. Read More »