The Blackwood, Starwood buy is a vote of confidence in the strength of the extended-stay sector and its appeal to workers and travelers.
Hotel is rebounding, but a cost of living crisis on the horizon is one of the factors that could derail it.
The now-shuttered Wagner Hotel, a 298-key hotel a stone's throw from the World Trade Center, is under threat of foreclosure over a $96M loan.
This week's biggest sales, loans and leases in NYC.
Hotel owners voiced optimism for 2022, with leisure exceeding 2019 levels and business travel projected to return to full capacity in the coming months.
The owners of Chelsea's Stewart Hotel plan to convert the hotel by-right into residential amid soaring rents and a limping hotel market.
Manhattan-based CSC Coliving is taking on the conversion of the hotel at 346 West 58th St.
The state is pushing back on what it alleges are violations of consumer protection laws via the advertising of artificially low rates.
For a period between 2013 and 2015, the Kimpton Hotel Monaco held Colorado's record for highest sales price per-key.
Top deals in the Denver market this week.
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