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News

ACORE Capital Readies $1B To Invest In Beleaguered Hotels

... with the recovery capital to get you to the other side,’” he said. The new investment strategy, ACORE Hospitality Partners, will ... rebounds, according to ACORE. ACORE itself is no stranger to hospitality lending. Since its founding in 2015, the company has ...

Feb 16, 2021
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Nobu Hotel
News

Larry Ellison-Backed Site Now A Nobu Hotel In Silicon Valley

... stature go through such an extensive renovation,” Marcus & Millichap Hospitality Sales Agent Tulsee Nathu told Bisnow. “Even during the pandemic ... is projecting for the entire country.  "I think the recovery is going to be very consistent with when companies ...

Oct 12, 2020
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RADCO
News

This Week's Atlanta Deal Sheet

... Radow said. “RADCO projects that the hospitality market will experience a significant recovery in the short term and that the ... is RADCO's third hotel purchase since launching its hospitality investment division last year. It already bought the DoubleTree ...

Apr 01, 2022
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'America's Getting Back To Work': Economists React To July Jobs Report On Twitter
News

'America's Getting Back To Work': Economists React To July Jobs Report On Twitter

... coming in food services and drinking places. The leisure and hospitality sector is still down 1.7 million jobs from February ... Wolfers (@JustinWolfers) August 6, 2021   So if we want the recovery to continue, get yourself vaccinated. And if you are vaccinated ...

Aug 06, 2021
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Loews Regency San Francisco
News

Hotels Brace For Remote Work's Impact

... have on lifestyle, and consequently, real estate.” Other large hospitality companies are pivoting as well. On another panel, McKinsey ... & Co. partner Melissa Dalrymple mentioned hospitality giant Hyatt Hotels Corp.’s speedy adoption of a ...

Oct 01, 2020
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Amid Gradual LA Convention Center Rebound, Downtown Los Angeles Hotels Holding Their Own
News

Amid Gradual LA Convention Center Rebound, Downtown Los Angeles Hotels Holding Their Own

... on the investment sales team of JLL’s Hotels and Hospitality Group. “This phenomenon of higher rates now than pre-Covid ...

May 01, 2023
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Sonder Opens In Moinian's Financial District Apartment Building
News

Sonder Opens In Moinian's Financial District Apartment Building

... period of upheaval for New York City’s hospitality industry.  The company, which provides short- ... left in the first months of the recovery, another group of people sought out Sonder ... in the city based on where the recovery is?”  In a statement to Bisnow about ...

Sep 18, 2020
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It's Been A Hard Winter For Chicago Hotels, And Relief Can't Come Soon Enough
News

It's Been A Hard Winter For Chicago Hotels, And Relief Can't Come Soon Enough

... out in a statement from the association that nationally the hospitality industry has lost $111.8B during the pandemic. And with ... families, we call on him to embrace our Hotel Jobs Recovery Plan, which would allocate $250 million in American Rescue Plan ...

Feb 10, 2022
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'Labor Market Remains Stalled. Virus Remains Active': Economists React To January Jobs Report On Twitter
News

'Labor Market Remains Stalled. Virus Remains Active': Economists React To January Jobs Report On Twitter

... report on Twitter.   The good news is that the economic recovery is not quite sliding into reverse, the bad news is ... . — Kate Bahn (@LipstickEcon) February 5, 2021   Another 61k leisure and hospitality jobs cut in January, after a revised 536k lost in ...

Feb 05, 2021
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'We're Booming': Economists React To January Jobs Report On Twitter
News

'We're Booming': Economists React To January Jobs Report On Twitter

Leisure and hospitality employment expanded by 151,000 jobs ... higher than expected.Big gains in leisure and hospitality, which added 151,000 in January.The ... 2022   Why do we have such a fast recovery this time around when other recent recoveries have ...

Feb 04, 2022
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