Jobs report shows more workers returning to office
Hiring at restaurants, bars and hotels slowed in April, falling about 20 percent from March, according to government figures...
hotel market
The Latest
Airbnb’s losses narrow as bookings hit all-time high
Pleasure travel is back with a vengeance, and Airbnb is reaping the rewards. The company on Tuesday reported a...
Loss of $21B in business travel to dampen hotel recovery
As hotels fight to recover from the pandemic’s ravages, a continued downturn of business travel will continue to harm...
First-quarter hotel sales hit 6-year high
Hotel sales are looking up across the country, despite evidence that some hotels are still struggling to recapture lost value. More than $12.5 billion in hotel deals were sealed in the first quarter of...
Weekend Edition
Oak View bets on Las Vegas with $3B casino, hotel, arena plan
A $3 billion casino, hotel and arena complex planned for Las Vegas would land miles south of its famous...
Issue
The Closing: Amar Lalvani
Young Hollywood partying on blue Astroturf by the pool on the Sunset Strip. X-rated exhibitionism towering over the High Line. Trendsetting design, middlebrow cool, the Boom Boom Room. For the past two decades, the...
New York
A-Rod a “key part” of investment group eyeing Trump’s D.C. hotel
Retired baseball star turned property investor Alex Rodriguez has emerged as a “key part” of the group vying to...
Leisure and hospitality gain ground as 2022 opens in hiring boom
The leisure and hospitality industry added 151,000 jobs in January, accounting for nearly a third of all positions added...
Extended-stay hotels a hot commodity for investors
The recovery of the hotel industry in the United States is still a work in progress, but one segment...
Blackstone, Starwood to pay $1.5B for WoodSpring Suites properties
For the second time in the span of a year, Blackstone and Starwood Capital Group are buying into the...
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