Midtown Union Hotel To Get Underway, Operator Remains A Mystery

Billionaire Livingstones In Talks With Lenders After £350M Hotel Loan Breaches Covenant

London & Regional is in talks to amend the terms of a £350M loan secured against a portfolio of UK hotels after a covenant was breached.

Houston’s Hotel Sector Is More Distressed Than Other Major Cities

A whopping 73% of Houston CMBS hotel loans are delinquent, far more than the national average.

JBG Smith Buys Shuttered Crystal City Hotel, Signals Major Multifamily Replacement

The developer behind Amazon HQ2 acquired the Americana Hotel, which closed earlier this month after nearly 50 years in business.

Like It Or Not, Texas Reopening Is Catapulting Houston's Hotel Occupancy, Bookings

Houston's hotel occupancy rate shot up in March, suggesting that Texas Gov. Greg Abbott's move to return to 100% capacity and no masks had a positive effect.

Satya Inc. Breaks Ground On New Hyatt Hotel In Texas Medical Center

Satya Inc. has broken ground on a new dual-brand Hyatt hotel tower in the Texas Medical Center.

Wardman Park Hotel Owner Files For Bankruptcy, Plans To Sell Shuttered Property

An affiliate of Pacific Life Insurance Co., which owns the Marriott Wardman Park Hotel, plans to sell the property as part of the Chapter 11 bankruptcy process.

Investment Firm Building Hotel, Hospitality Training Program At Atlanta HBCU

Construction on a 90K SF hotel and a hospitality management training program on the campus of Morris Brown College in Atlanta is expected to start this year.

Wharton Properties Looks To Redevelop Midtown Manhattan Retail Building Into A Hotel

This comes as valuations for both retail and hotel assets are plummeting

Hotel REITs Ended The Year On A Better Note Than Office

The pandemic didn't affect every asset class in the same way, and REITs across sectors recovered in the fall at different paces.