Chicago’s Drake Hotel aiming for $250M sale take
Chicago’s iconic Drake Hotel is expected to fetch a $250 million price as its principal owners, the Brashears family and… Read More »
Delta variant derails China’s hotel resurgence
China’s industry-inspiring hotel comeback recently hit the skids in the wake of the stringent government response to the rise of… Read More »
Mich. casino launches hotel addition with dramatic feat
FireKeepers Casino Hotel in Battle Creek, Mich., will kick off the opening of an eight-story hotel expansion Monday with a… Read More »
Ups and downs of hotel valuation
Widened availability of credit is boosting hotel valuation as recovery progresses, but a shrunken pipeline and deferred capital improvements are… Read More »
2021 hotel forecast brightens, but worries cloud 2022
The 2021 hospitality outlook has enjoyed another upgrade from STR and Tourism Economics, though the firms caution that a demand… Read More »
$17K per night buys regal treatment in this Fla. suite
What is it about the 16th-floor Royal Suite at Florida’s Four Seasons Resort Orlando that enables it to command $17,000… Read More »
Nagasaki, Japan, awards firm rights for casino resort
Officials from Japan’s Nagasaki prefectural government announced that they are expected as early as this month to enter into a… Read More »
Alaska Airlines adds flights from San Francisco to Mexico
Alaska Airlines is adding new routes between San Francisco International Airport and three cities in Mexico. The flights to Loreto,… Read More »