Starwood wheels and deals to fix $800M loan default
In November, Barry Sternlicht touted Starwood Property Trust’s stash of dry powder and the strength of its hotel business....
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Las Vegas to get its first cannabis-friendly hotel
Possibly the biggest question related to the announcement that the first cannabis-friendly hotel is coming to Las Vegas is,...
Gary Barnett gives Jerusalem a chance with land purchase
Gary Barnett is a titan of development in New York City. His next challenge is a world away in...
Hyatt to acquire Dream Hotel Group for up to $300M
Hyatt has agreed to acquire Sant Singh Chatwal’s Dream Hotel Group for up to $300 million. The deal, which...
Chinese firms bailing on US commercial market
The turmoil in China’s real estate market is reaching the United States by way of foreign firms based in...
Weekend Edition
Celebrity favorite Ranch Malibu to open in Hudson Valley
Wealthy New Yorkers no longer need to fly to Ranch Malibu: the wellness retreat is opening a location an...
Weekend Edition
Elle, luxury brands enter hotel market
You may soon be able to flip through the latest Elle while lounging in one of the fashion brand’s own hotels. Elle International is launching Elle Hospitality, an arm of the fashion magazine dedicated...
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...
Trump’s DC hotel sale gets federal greenlight
Another barrier has fallen in Donald Trump’s road to unload his Washington, D.C. hotel. The General Services Administration approved...
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