The program was signed into law by former governor Andrew Cuomo last August but has so far got little traction.
Hotel investors say they expect more properties to hit the market as owners that survived the pandemic now can't afford to make needed renovations.
Both the hotel and the $1B development it is a part of are slated to open in 2022.
DFW is one of two statewide metros where Q3 revenue lagged behind the same period in 2019, according to the latest Hotel Brand Report from Source Strategies.
Zelig Weiss is arguing if the sale of part of the William Vale goes through, he will lose the controlling interest that is rightfully his.
Visit Baltimore found the city's hotel tax revenues fell by more than 61% in the most recent fiscal year as the industry faces economic headwinds.
Canary Wharf Group has secured new debt funding while QVC and Hyfe Park Hayes have been brought to market.
The Roosevelt Hotel was closed in 2020 as a result of the pandemic, and now it will be used to tackle the city's increasingly dire migrant crisis.
Springhill Suites is part of a deluge of new hotels coming to Metro Atlanta.
DFW seemingly has the healthiest hotel pipeline in the nation, but experts say those properties won't get built any time soon.
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