Hotel operators expect average daily room rates to increase by just 2.1% in 2026.
The University of Miami is set to host the national championship on Monday, helping set the tone for a packed sports calendar this year.
The Miami Beach hotel has been closed for almost 10 years.
The developers are fighting the lenders in a separate case filed in New York.
College Park's New $180M The Hotel at UMD is now open, and stakeholders see the Southern Management project as a key catalyst for future development in the area
Long Island City has 45 hotels planned since 2010, easily leading the pack of outer borough neighborhoods getting hot for hotels.
More than 5,000 hotel rooms opened in 2017 in New York City, and the city's total hotel supply is expected to increase by 5% in each of 2018 and 2019.
Road trips will become increasingly longer as autonomous vehicles take over the interstates. What will that mean for the hospitality industry?
California saw growth in the hotel sector during 2017 with more growth expected in 2018. 145 hotels are being constructed in California.
SDRP I LLC, which owned the property’s ground lease and structures on the land, defaulted on a $36.33M bank loan.
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