Hotel Market


The Latest

Blackstone's Stephen Schwarzman with MGM Grand Las Vegas and Mandalay Bay in Las Vegas (Getty)
National

Blackstone sells MGM Grand, Mandalay Bay stakes

Blackstone is folding its hand at a pair of Las Vegas hotels, selling to its stake partner at the...

Blackstone sells MGM Grand, Mandalay Bay stakes
Hyatt CEO Mark Hoplamazian and Dream Hotel Group founder Sant Singh Chatwal with 355 West 16th Street in Manhattan NYC (Hyatt, Dream Hotel)
National

Hyatt to acquire Dream Hotel Group for up to $300M

Hyatt has agreed to acquire Sant Singh Chatwal’s Dream Hotel Group for up to $300 million. The deal, which...

Hyatt to acquire Dream Hotel Group for up to $300M
From left: 608 Fifth Avenue, 22 North Loop Road, 38 West 36th Street (608 Fifth, Weiss/Manfredi, Morphosis, and Handel Architects, Apartments, Getty)

Top 10 Manhattan loans: Big lending enters deep freeze

Major real estate lending in Manhattan has literally been decimated in the past year. The 10 biggest real estate...

Top 10 Manhattan loans: Big lending enters deep freeze
Sonesta Hotels’ John Murray and The Shelburne Hotel (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Affinia, Sonesta)
Insights

TRD Pro: Biggest hotel sales of the past year

The following is a preview of one of the hundreds of data sets available on TRD Pro — the...

TRD Pro: Biggest hotel sales of the past year
(Photo Illustration by The Real Deal with Getty)

Pension funds pull back on commercial real estate

Pension funds are pulling back on their commercial real estate binge as borrowing rates rise. The retirement funds are...

Pension funds pull back on commercial real estate
569 Lexington Avenue (Doubletree Metropolitan, Getty)

Lights out: Why more than 10,000 hotel rooms remain closed

The DoubleTree Metropolitan is a quintessential Manhattan hotel. Not a five-star, white-glove venue or hip party spot, but part...

Lights out: Why more than 10,000 hotel rooms remain closed
From left: Chartres Lodging co-founders Robert Kline and Maki Bara along with the Muse Hotel at 130 West 46th Street (Google Maps, Chartres Lodging)

Chartres acquires Theater District hotel for $50M

Chartres Lodging is giving new life to its New York City hotel portfolio. The San Francisco-based investment group paid...

Chartres acquires Theater District hotel for $50M

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