Hotel Market


The Latest

Capstone Equities' Joshua Zamir and Renwick Hotel at 118 East 40th Street (TripAdvisor)

New owner Capstone revives Midtown’s Renwick Hotel

The Renwick Hotel has arisen after its new owner reportedly scored a “substantial discount” to acquire the property. Capstone...

New owner Capstone revives Midtown’s Renwick Hotel
Strong month for US economy, but hospitality hiring slows
National

Jobs report shows more workers returning to office

Hiring at restaurants, bars and hotels slowed in April, falling about 20 percent from March, according to government figures...

Jobs report shows more workers returning to office
Sonesta's John Murray along with the Benjamin Hotel (front left), the Shelburne Hotel & Suites (front right), the Fifty Hotel & Suites (back left) and the Garden Suites Hotel (back right) (Google Maps, Sonesta)

Midtown hotel portfolio sale suggests big value drop

A portfolio of four Manhattan hotels traded hands in a deal that could reflect how far property values have...

Midtown hotel portfolio sale suggests big value drop
Stomp Capital founder Richard Fertig and 1655 County Road 39 in Southampton (Loopnet, Richard Fertig)
Tri-State

Southampton hotel trades for $14M ahead of revamp

A hotel in Southampton is poised for a revamp after selling last week for $14 million. Hampton Resorts, LLC...

Southampton hotel trades for $14M ahead of revamp
Building, people illustration
National

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...

Loss of $21B in business travel to dampen hotel recovery
(iStock)
National

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...

First-quarter hotel sales hit 6-year high

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...