The new omicron variant might put the kibosh on the hotel industry recovery.
CRE valuation has mostly held its own in 2021. Investors are keen to buy going forward.
Condor Hospitality Trust is selling its portfolio and closing up shop.
Dayan family-backed vehicle gets covenant waivers
The recovery of the hotel sector has just begun, but investors are already getting ready to jump back into the industry.
A House committee says the federal government shouldn't lease the D.C. property, redeveloped into a hotel, to The Trump Organization.
In late 2019, Mark Siffrin’s Maefield Development defaulted on the $800M leasehold debt.
The potential sale comes three years after Brookfield acquired a 92-hotel portfolio for $707M.
Hotel REITs reported in Q3 earnings that demand has picked up, including an increase in business travel, but their revenue and profits are still far below 2019.
After years of financial woes and struggles to renovate its 1897 building, the embattled Blue Moon Hotel has filed for Chapter 11 bankruptcy.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.