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(Istock illustration by Alison Bushor)
Miami Issue

South Florida’s hotel conundrum

The lights are still dark at the Diplomat Beach Resort, a sprawling 1,000-room oceanfront hotel in South Florida. More than a year after the pandemic began, conventions and business travelers — the lifeblood of...

South Florida’s hotel conundrum
Stockdale Capital Partners' Co-Founders Shawn and Steven Yari with 1740 Ocean Avenue (Google Maps)

JW Marriott Santa Monica sells for $75M

The J.W. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. Stockdale’s managing director for hospitality, Bill Doak, confirmed the sale but...

JW Marriott Santa Monica sells for $75M
The gains accounted for nearly a third of overall job growth. (iStock)
National

Construction, leisure & hospitality jobs rebounded in March

The leisure and hospitality industry bounced back in March, adding 280,000 jobs to the economy as hotels, restaurants and...

Construction, leisure & hospitality jobs rebounded in March
(iStock/Illustration by Kevin Rebong for The Real Deal)
National

Travel roars back — and summer rentals book up

Whether it’s to reunite with grandparents or an escape from work-from-home, Americans have set their sights on summer travel...

Travel roars back — and summer rentals book up
U.S. hotel occupancy rises. (Getty)
National

Sluggish hotel market showing signs of life

Hotels are receiving an injection of new guests as more Americans receive the Covid-19 vaccine and consider traveling again. U.S. hotel occupancy hit 49 percent in the week ending March 6, its highest level...

Sluggish hotel market showing signs of life
Restaurants and bars accounted for a majority of the gains in February (iStock)
National

Leisure, hospitality big winners in February job gains

Leisure and hospitality may finally be on the road to recovery. The industry added 355,000 jobs in February, as...

Leisure, hospitality big winners in February job gains
(Getty)
National

Hotel stocks went bonkers in February

Hotel investors can rest a little easier at night. Robust gains in February put share prices of publicly traded hotel companies back up to pre-Covid levels, a year after the pandemic sent valuations into...

Hotel stocks went bonkers in February
Larry Korman and Joe Lubeck (iStock)
National

Electra America, AKA launch $500M hotel fund

A multifamily investment firm and a luxury hotel residences company have partnered to launch a $500 million hotel investment...

Electra America, AKA launch $500M hotel fund
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