Trump could profit $100M in DC hotel sale
Donald Trump’s exit from his Washington, D.C., hotel could net him a nine-figure payday. The former president could score a profit of more than $100 million from the sale of Trump International in the...
hotels
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Brookfield weighs $1.5B hotel portfolio sale
Brookfield Asset Management is weighing the sale of a portfolio of extended-stay hotels for up to $1.5 billion, Bloomberg...
CGI Merchant Group to pay $375M for Trump’s DC hotel
Donald Trump is set for his second exit from Washington, D.C., as CGI Merchant Group is reportedly in contract...
Miami
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
South Florida’s top mayors, major developers, brokers and hospitality moguls attracted thousands of people to The Real Deal’s South Florida Real Estate Showcase and...
Workers return to offices as jobs recovery accelerates
The stop-and-go jobs recovery was on the move again last month. The U.S. economy added 531,000 new jobs in...
Trump nearing $370M sale of DC hotel to Miami investment firm
Donald Trump’s struggling Washington, D.C., hotel may soon be somebody else’s problem. Miami-based investment firm CGI Merchant Group is...
Pandemic paralysis: Delta continues to impede hotel, restaurant recovery
The Delta variant continues to stall recovery in the hospitality sector, as hotels, restaurants and bars added a mere...
Trump’s DC hotel lost $70M during presidency, docs say
During his time in the White House, Donald Trump boasted that just blocks away, the Trump International Hotel was...
Hotel companies increasingly turning to all-inclusive resorts
As the hotel industry grapples with the pandemic, many brands are heading toward warmer weather and all-inclusive reports. Multiple...
The hotel recovery is far from complete
The recovery of the hotel industry in the United States is far from complete, as an optimistic peak vacation season gives way to what may be a disappointing fall and holiday season. About 1...
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