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(iStock/Illustration by Kevin Rebong for The Real Deal)

Travel roars back — and summer rentals book up

Whether it’s to reunite with grandparents or an escape from work-from-home, Americans have set their sights on summer travel...

Travel roars back — and summer rentals book up
U.S. hotel occupancy rises. (Getty)

Sluggish hotel market showing signs of life

Hotels are receiving an injection of new guests as more Americans receive the Covid-19 vaccine and consider traveling again. U.S. hotel occupancy hit 49 percent in the week ending March 6, its highest level...

Sluggish hotel market showing signs of life
(Getty)

Hotel stocks went bonkers in February

Hotel investors can rest a little easier at night. Robust gains in February put share prices of publicly traded hotel companies back up to pre-Covid levels, a year after the pandemic sent valuations into...

Hotel stocks went bonkers in February
Larry Korman and Joe Lubeck (iStock)

Electra America, AKA launch $500M hotel fund

A multifamily investment firm and a luxury hotel residences company have partnered to launch a $500 million hotel investment...

Electra America, AKA launch $500M hotel fund
(iStock)
Insights

US hotel market had worst year since the Great Depression

The coronavirus pandemic made 2020 the worst year for the U.S. hotel market since the Great Depression, when occupancy...

US hotel market had worst year since the Great Depression
Trump Plaza in Atlantic City (Getty)
Tri-State

Trump Plaza in Atlantic City is demolished

This is the way the casino ends. Not with a bang but a whimper. An auction to detonate the former Trump Plaza Hotel and Casino in Atlantic City didn’t happen, but tickets to watch...

Trump Plaza in Atlantic City is demolished
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