Iconic Atlanta Hyatt Regency Sells To Mystery Buyer
The John Portman-designed hotel is popular among convention crowds and movie producers.
The John Portman-designed hotel is popular among convention crowds and movie producers.
Though well-funded startups like Sonder and Stay Alfred may be encroaching on some of traditional hospitality's territory, some Bay Area hotels aren't worried.
Scott Gerber, who owns a group of bars around New York City, talks about the painful impact of lockdown on bars and restaurants.
Airbnb will no have to provide data on listing for private or shared rooms.
It paid $195M for the property last year.
Flintoff's Logick Developments launches speculative Manchester office scheme
Online gambling investment = good. Hotel investment = not so good right now.
The hotel industry has been among the hardest-hit sectors of commercial real estate in the coronavirus pandemic, and some major owners are asking for a bailout.
Colony Capital has escaped from under the load of $2.7B in debt with the sale of almost 200 hotels to Highgate Holdings, netting $67M in cash.
Investors rushed to short retail and hospitality stocks in the early part of the crisis, but shorting activity has continued through the summer.
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