Hotels


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Restaurants and bars accounted for a majority of the gains in February (iStock)
National

Leisure, hospitality big winners in February job gains

Leisure and hospitality may finally be on the road to recovery. The industry added 355,000 jobs in February, as...

Leisure, hospitality big winners in February job gains
(Getty)
National

Hotel stocks went bonkers in February

Hotel investors can rest a little easier at night. Robust gains in February put share prices of publicly traded hotel companies back up to pre-Covid levels, a year after the pandemic sent valuations into...

Hotel stocks went bonkers in February
(iStock)
National Insights

US hotel market had worst year since the Great Depression

The coronavirus pandemic made 2020 the worst year for the U.S. hotel market since the Great Depression, when occupancy...

US hotel market had worst year since the Great Depression
Acore Partner Warren de Haan. (Acore, Getty)
National

Acore Capital raises $1B to provide rescue cash to hotels

 Acore Capital raised $1 billion to provide rescue capital to struggling hotels. The lender said it will originate and...

Acore Capital raises $1B to provide rescue cash to hotels
Trump Plaza in Atlantic City (Getty)

Trump Plaza in Atlantic City is demolished

This is the way the casino ends. Not with a bang but a whimper. An auction to detonate the former Trump Plaza Hotel and Casino in Atlantic City didn’t happen, but tickets to watch...

Trump Plaza in Atlantic City is demolished
(Photo illustration by The Real Deal)
New York Issue

Hospitality startups pick at carnage of failed rivals

Almost everything has remained the same at 70 Pine Street — the oak floors, modern furnishings and colorful art...

Hospitality startups pick at carnage of failed rivals
Donald T. Bollinger and the Four Seasons New Orleans (Getty, Four Seasons)
National Weekend Edition

Big sale in Big Easy: Four Seasons penthouse breaks record

The $13 million penthouse sale at the soon-to-open Four Seasons New Orleans Hotel and Private Residences is the priciest...

Big sale in Big Easy: Four Seasons penthouse breaks record
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