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Hotel operators expect average daily room rates to increase by just 2.1% in 2026.
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The University of Miami is set to host the national championship on Monday, helping set the tone for a packed sports calendar this year.
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The Miami Beach hotel has been closed for almost 10 years.
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The developers are fighting the lenders in a separate case filed in New York.
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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
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Long Island City has 45 hotels planned since 2010, easily leading the pack of outer borough neighborhoods getting hot for hotels.
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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.
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Road trips will become increasingly longer as autonomous vehicles take over the interstates. What will that mean for the hospitality industry?
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California saw growth in the hotel sector during 2017 with more growth expected in 2018. 145 hotels are being constructed in California.
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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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