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Blackstone COO Jonathan Gray and Club Quarters Chicago at 111 W Adams Street (Getty, Google)

Blackstone misses payment on $274M hotel loan

As the hospitality sector struggles to regain its footing, Blackstone skipped a payment on a $274 million hotel loan....

Blackstone misses payment on $274M hotel loan
Colony Capital CEO Tom Barrack (Getty, iStock)

Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties

Colony Capital is weighing its options for its portfolio of hotels. The Tom Barrack-led company has hired Moelis &...

Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties
An essential worker staying at USC Hotel in Los Angeles (Credit: Robert Gauthier / Los Angeles Times via Getty Images)

Hotel occupancy rises as essential workers, homeless fill rooms

The hotel market is improving across the country but that comes with a caveat. The uptick is likely a...

Hotel occupancy rises as essential workers, homeless fill rooms
Blackstone’s Jonathan Gray and Starwood Capital Group’s Barry Sternlicht (Credit: Gray by  Drew Angerer/Getty Images; Sternlicht by Cindy Ord/Getty Images for 1 Hotels)

Blackstone, Starwood pick up stakes in Extended Stay America

Two of the largest real estate investors are funneling funds into an extended-stay hotel chain. Barry Sternlicht’s Starwood Capital...

Blackstone, Starwood pick up stakes in Extended Stay America
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