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Blackstone COO Jonathan Gray and Club Quarters Chicago at 111 W Adams Street (Getty, Google)

Blackstone misses payment on $274M hotel loan

As the hospitality sector struggles to regain its footing, Blackstone skipped a payment on a $274 million hotel loan....

Blackstone misses payment on $274M hotel loan
Colony Capital CEO Tom Barrack (Getty, iStock)

Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties

Colony Capital is weighing its options for its portfolio of hotels. The Tom Barrack-led company has hired Moelis &...

Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties
An essential worker staying at USC Hotel in Los Angeles (Credit: Robert Gauthier / Los Angeles Times via Getty Images)

Hotel occupancy rises as essential workers, homeless fill rooms

The hotel market is improving across the country but that comes with a caveat. The uptick is likely a...

Hotel occupancy rises as essential workers, homeless fill rooms
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)

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
Soho House New York at  29-35 9th Avenue and Soho House CEO Nick Jones (Credit: Getty Images, Google Maps)

It doesn’t turn a profit, but Soho House is now valued at $2B

Soho House, the luxury hotel and private members’ club, has raised $100 million to fund a global expansion over...

It doesn’t turn a profit, but Soho House is now valued at $2B
1723 N Wilcox Avenue (Credit: Google Maps)

Hollywood hotel construction craze: Developer abandons apartment project for hotel instead

Hotel construction is all the rage in Los Angeles and particularly Hollywood, where Relevant Group alone has four boutique...

Hollywood hotel construction craze: Developer abandons apartment project for hotel instead
Jamison moves in new direction with plans to build Koreatown hotel

Jamison moves in new direction with plans to build Koreatown hotel

Jamison has been one of Koreatown’s most active office and multifamily landlords and developers, but its latest move points...

Jamison moves in new direction with plans to build Koreatown hotel
Another hotel conversion planned for DTLA, this one at historic Continental Building

Another hotel conversion planned for DTLA, this one at historic Continental Building

There’s another hotel conversion project slated for 4th and Spring streets in Downtown Los Angeles. Chicago-based Rebel Hospitality has...

Another hotel conversion planned for DTLA, this one at historic Continental Building
LaTerra drops 15-story hotel tower from sprawling mixed-use project in Burbank

LaTerra drops 15-story hotel tower from sprawling mixed-use project in Burbank

LaTerra Development is reconfiguring its mixed-use development in Burbank, and has decided to eliminate its planned 15-story hotel tower....

LaTerra drops 15-story hotel tower from sprawling mixed-use project in Burbank
Hotel with 116 rooms planned for El Segundo

Hotel with 116 rooms planned for El Segundo

Developers in El Segundo are hoping to add more hotel rooms to a city that has seen a surge of hotel construction. An entity called Segundo Restaurant Partnership plans to raze a vacant restaurant...

Hotel with 116 rooms planned for El Segundo
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