LuxUrban Faces $83M Lawsuit From REIT As More Landlords Try To Evict 'WeWork For Hotels'

Multiple landlords have filed suit against LuxUrban in the last month, as the publicly traded hotel company battles plummeting share prices.

BD Hotels Nabs $75M Construction Loan For West Palm Beach Hotel

It's the famed New York hotelier's first property outside his hometown.

Host Hotels Aims To Raise At Least $1B Through Sale Of More Than 10 Properties

The REIT is looking to offload the Grand Hyatt San Francisco, W Seattle, the Coronado Island Marriott and other noncore assets.

America’s Luxury Hotels Are Booming. The Rest Are Feeling The Squeeze

Wealthy travelers continue boosting revenue at top-tier hotels while the rest of the sector see growth slide. Cheaper debt could spur a wave of investment.

Hyatt To Expand All-Inclusive Portfolio With $2.6B Acquisition Of Playa Hotels & Resorts

Hyatt's $2.6B acquisition is set to close next year.

Host Hotels Sells Metro Center Marriott To California Investor

T2 Hospitality acquired Washington Marriott at Metro Center with a loan from the seller.

Hotelier Ian Schrager, Highgate Form JV To Revive The Public Hotels Brand

Highgate and Schrager plan to develop, acquire and convert properties to expand the Public Hotels brand quickly.

LuxUrban Hotels To Liquidate As Bankruptcy Claims Surpass $123M

The hotel chain initially filed for bankruptcy protection last month but drew controversy for the way it handled the process.

Chicago Hotels Are Zeroing In On Local Identity

Hotel owners and operators are pivoting from standard-fare hotel offerings to concepts designed with specific locales in mind.

Omni Hotels Owner Buys Green-Glass Office Tower In Dallas Arts District

The TRT Holdings affiliate purchased the 275K SF St. Paul Place office tower from Pacific Elm Properties for an undisclosed amount.