Hotel Market


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Lightstone Group CEO Mitchell Hochberg and Marriott International CEO Anthony Capuano with a rendering of The Moxy Williamsburg (Getty, Lightstone, iStock)

Marriott, Lightstone Group bet on hotel recovery

Marriott and Lightstone Group are betting on an uptick in post-pandemic travel — particularly for those on a budget....

Marriott, Lightstone Group bet on hotel recovery
(iStock/Illustration by Kevin Rebong for The Real Deal)
National

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
Bolivar Development's Peter Fine and 401 West 218 Street. (Google Maps)

10 biggest new project filings in NYC

Multifamily developments made up the bulk of the largest new building filings last month, although the biggest application submitted to the Department of Buildings was for an educational facility in Inwood. The 10 largest...

10 biggest new project filings in NYC
Sonder CEO Francis Davidson. (Sonder, Google Maps)

Sonder to open in Flatiron Hotel next month

Sonder, the well-heeled startup that rents furnished rooms by the night, plans to reopen the Flatiron Hotel in April. The hotel, at 9 West 26th Street, will be its first in New York City...

Sonder to open in Flatiron Hotel next month
Mack Real Estate CEO Richard Mack and one of his new hotels at 51 Nassau Street. (Getty, ING)

Mack Real Estate takes over 7 distressed Manhattan hotels

Mack Real Estate has gained control of a seven-hotel portfolio for what appears to be a major discount. The...

Mack Real Estate takes over 7 distressed Manhattan hotels
Larry Korman and Joe Lubeck (iStock)
National

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

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