Hotel market


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The Fairwind Hotel and Joseph Chetrit (Getty, Fairwind)
Miami

Chetrit Group sells Miami Beach hotel for $42M

The Chetrit Group sold a Miami Beach apartment hotel to its operator for $42 million, The Real Deal has...

Chetrit Group sells Miami Beach hotel for $42M
AvantStay CEO Sean Breuner (AvantStay, iStock)
National

AvantStay launches brokerage arm

In a move that goes beyond rentals, AvantStay has launched its brokerage arm. The short-term rental company, which now has over 600 homes throughout the U.S., announced that it will hire real estate agents...

AvantStay launches brokerage arm
Hyatt Hotels CEO Mark Hoplamazian and Apple Leisure Group Chairman Alex Zozaya (Hyatt, Apple Leisure Group)
National

Hyatt Hotels buys Apple Leisure Group for $2.7B

Hyatt Hotels is buying Apple Leisure Group, an asset-light resort operator, from two private equity firms, with an eye...

Hyatt Hotels buys Apple Leisure Group for $2.7B
Can Trump International Chicago bounce back?
Chicago Issue

Can Trump International Chicago bounce back?

Condo owners at Trump International Chicago Tower & Hotel have long known that luxury downtown apartments in a tower...

Can Trump International Chicago bounce back?
How a Singaporean REIT’s mighty US hotel investment sunk
National Issue

How a Singaporean REIT’s mighty US hotel investment sunk

A retired British ocean liner. A decommissioned Soviet submarine. And now, a bankrupt Singaporean real estate investment trust. All...

How a Singaporean REIT’s mighty US hotel investment sunk
(iStock)
National

These hotel markets have entered a depression

Some U.S. hotel markets are in such bad shape that a recession would look good. Though leisure travel is...

These hotel markets have entered a depression
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