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Special Issue Archive
Here are the numbers behind Michael Dell’s record purchase of the Boca Raton Resort
June 12, 2019 06:15PM
UPDATED, June 13, 1:25 p.m.: Billionaire Michael Dell’s MSD Partners is planning to invest $75 million into the Boca Raton Resort & Spa, according...
Houston, we have a reservation: First luxury hotel in outer space set to open in 3 years
January 20, 2019 01:00PM
Instead of flying out of town and checking into a hotel, wealthy travelers someday may check into a high-flying hotel that orbits Earth every...
South Florida’s biggest hotel sales in 2018
December 18, 2018 10:35AM
UPDATED, Dec. 18, 4 p.m.: 2018 proved to be an especially big year for hotel sales in South Florida with $2.8 billion in deal...
North Miami Beach property approved for hotel development sells for $11.38M
November 10, 2018 01:45PM
A vacant property in North Miami Beach approved for hotel development has been sold for $11.38 million. The buyer paid $2.74 million an acre...
Dip in US revenue prompts shorter forecast for Marriott
November 07, 2018 11:30AM
A dip in North America revenues has prompted Marriott to slightly lower its forecast. Marriott, the parent company of brands Westin, Ritz-Carlton and Renaissance,...
Investors in Trump hotels in New York and Chicago are taking hit
October 06, 2018 09:00AM
Small-time investors in Trump properties in cities like New York and Chicago have taken a hit since Donald Trump became president. Revenue at the...
Bankruptcy court finally approves sale of Fort Lauderdale hotel project
August 17, 2018 02:45PM
A U.S. Bankruptcy Court just approved the sale of the unfinished 550 Seabreeze Boulevard hotel in Fort Lauderdale Beach to a subsidiary of Magna...
KHP Capital Partners acquires Key West Inns portfolio for $109M
August 08, 2018 10:32AM
A San Francisco private equity firm just paid $109 million for the Key West Inns, a portfolio of six boutique hotels in Key West....
Marriott Vacations raising $750M for acquisition of rival ILG
August 07, 2018 10:30AM
Marriott Vacations Worldwide, the timeshare and vacation homes arm of Marriott International, is raising $750 million to fund its acquisition of rival ILG. In...
Shuttered Fort Lauderdale Beach resort sells for $17M
August 07, 2018 09:45AM
The owner of the now-closed Bahia Cabana Beach Resort in Fort Lauderdale just sold the property for $17.27 million, after years of trying to...
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