Hotel Market

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From private tutors to meditation sessions, inside NYC’s new amenities battle

by Decca Muldowney | August 07, 2019 07:30AM

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Seated at a long dining table in a staged $11.8 million apartment on the 65th floor of 35 Hudson...

Lightstone gave its neighbors $7M to build a hotel. Then the neighbors secretly went to war, suit claims.

by Mary Diduch | July 25, 2019 08:30AM

In 2015, the Lightstone Group paid $6.75 million to the people who run condominium next door in exchange for the development rights to build...

Here are the numbers behind Michael Dell’s record purchase of the Boca Raton Resort

by Katherine Kallergis | June 13, 2019 11:45AM

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Billionaire Michael Dell’s MSD Partners is planning to invest $75 million into the Boca Raton Resort & Spa, according...

Long Island’s hotel market could be headed for a downturn

June 10, 2019 12:00PM

The hotel market on Long Island is expected to take a significant downturn in the next four years, becoming...

This obscure Caribbean island is a favorite among the super wealthy

June 08, 2019 12:00PM

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Within the Caribbean islands of Grenada and St. Vincent, there’s a picturesque isle frequented by the super wealthy called...

Manhattan hotel at center of 1MDB fraud case lands $615M refinancing

by Eddie Small | June 05, 2019 06:34PM

Deutsche Bank and JPMorgan have loaned the Witkoff Group and his investment group $615 million to refinance the Park...

Hilton chief talks China, the Waldorf Astoria and tipping at NYU hospitality conference

by Erin Hudson | June 04, 2019 02:22PM

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Hilton Worldwide Holdings’ dealings with the Chinese government, the Waldorf Astoria and tipping practices were all topics of conversation...

Is the hotel market under siege? Execs point to political climate as “a big concern”

by Erin Hudson | June 04, 2019 10:06AM

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Hotel investors at NYU’s annual hospitality conference say they’re hungry for good deals despite a slowing economy, rising costs...

NoMad Hotel owners settle feud to save property from bankruptcy auction

June 04, 2019 09:00AM

Billionaire investor Ron Burkle and the business partner he once threatened to “go thermonuclear” on, hotelier Andrew Zobler, have...

Developers, start your engines: Moratorium on hotel conversions expires

by Rich Bockmann | June 03, 2019 01:30PM

The city’s four-year moratorium on converting hotel rooms to residential units quietly expired over the weekend, as the city...