Faena Hotel, Eau Palm Beach Resort among latest to lay off hundreds
UPDATED, July 31, 4:50 p.m.: South Florida hotels continue to lay off hundreds of employees due to the coronavirus...
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Desperate hotel owners selling at discounts up to 30%
Cash-strapped hotel owners are selling properties at discounts and agreeing to sky-high interest rates with federal aid about to...
André Balazs plans to convert hotels into private clubs
The coronavirus may have made travelers wary of staying in a hotel with strangers, but hotelier André Balazs is...
Shelborne South Beach unit owners lose appeal contesting $30M in assessments
A pair of investors who bought condo-hotel units in the Shelborne South Beach suffered a significant setback in their...
Record-breaking surge in Covid cases spells trouble for South Florida’s hotel market
UPDATED, July 21, 9:55 a.m.: Jeffrey Soffer’s iconic Fontainebleau Miami Beach was among the first of the city’s hotels...
AOC blasts hospitality REITs for seeking federal aid to pay dividends
UPDATED, July 16, 2020, 5:56 p.m.: U.S. Rep. Alexandria Ocasio-Cortez is taking aim at real estate investment trusts that...
Party’s over: Clevelander South Beach closes after employee tests positive for Covid
The Clevelander South Beach closed over the weekend after an employee tested positive for Covid-19, a month after reopening....
Lennox Miami Beach hotel exec sues father-in-law for ousting him: lawsuit
The recent ouster of a Lennox Miami Beach hotel executive is playing out like a Spanish telenovela in Miami...
TRD Insights: These hotel businesses got big PPP funding
More than 8,100 hotel businesses across the country received federal coronavirus assistance of $150,000 or more through the Paycheck...
These real estate companies got fat PPP loans
In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...
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