Hotel Market


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Mensur Cekic, Hudson Yards’ director of residences

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

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

Lightstone Group CEO David Lichtenstein and Moxy Chelsea at 105 W 28th Street (Credit: Lightstone and Facebook)

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

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

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

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

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

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

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”

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

Andrew Zobler and Ron Burkle with 1170 Broadway (Credit: Google Maps, Wikipedia, and Kaplan & Company)

NoMad Hotel owners settle feud to save property from bankruptcy auction

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

REBNY President John Banks and The Waldorf Astoria New York at 301 Park Avenue (Getty Images, Larry Ford)

Developers, start your engines: Moratorium on hotel conversions expires

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

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