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Blackstone’s Jonathan Gray and Starwood Capital Group’s Barry Sternlicht (Credit: Gray by  Drew Angerer/Getty Images; Sternlicht by Cindy Ord/Getty Images for 1 Hotels)
National

Blackstone, Starwood pick up stakes in Extended Stay America

Two of the largest real estate investors are funneling funds into an extended-stay hotel chain. Barry Sternlicht’s Starwood Capital...

Blackstone, Starwood pick up stakes in Extended Stay America
2328 South Michigan Avenue (Credit: Google Maps)

Former Related Midwest exec plans Motor Row Hotel

The U.S. hotel industry has been battered by the intensifying restrictions cities and the federal government have imposed to...

Former Related Midwest exec plans Motor Row Hotel
Dip in US revenue prompts shorter forecast for Marriott
National

Dip in US revenue prompts shorter forecast for Marriott

A dip in North America revenues has prompted Marriott to slightly lower its forecast. Marriott, the parent company of...

Dip in US revenue prompts shorter forecast for Marriott
Why hotel sales have seen a boost this year
New York

Why hotel sales have seen a boost this year

Hotel trades have seen a jump in activity this year thanks to some big-ticket deals — but sellers on the sidelines may be eyeing a more encouraging market, too. Transactions through the end of...

Why hotel sales have seen a boost this year
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