Deflated prices continue in Twin Cities hotel trading
The DoubleTree Suites in downtown Minneapolis is the latest hotel in the Minnesota Twin Cities area to sell at a… Read More »
Virtual reality lets job-seekers give resorts a tryout
MGM Resorts Inc. is addressing the very real problem of employee turnover by inviting applicants to experience operations through virtual… Read More »
Hotel value leap shows Texas buyer’s Fla. Enthusiasm
A waterfront hotel in Florida has fetched $37.9 million from a Texas buyer after selling for $20.2 million a decade… Read More »
Hotels will no longer be one-size-fits-all
Lodging designers said the hotel of the future will look different and function differently with more emphasis on technology and… Read More »
$360M funding round heralds $1B plan by Noble Investment
Atlanta-based Noble Investment reportedly has raised $360 million toward a $1 billion hard cap for US hotel purchases. Extended-stay and… Read More »
Lodging outlook: 2022 will serve those who’ve learned
Smart hoteliers will realize that business-as-usual perished with the pandemic, and new thinking must pervade all aspects, from marketing to… Read More »
N.M. airport to use $1.7M grant to upgrade infrastructure
Taos Regional Airport in New Mexico plans to make infrastructure improvements, such as the extension of a water transmission line… Read More »
Share buyback lays groundwork for casino-resort project
Station Casinos Inc.’s parent company will pay $350 million to buy back 6.9 million shares of stock as it adjusts… Read More »