The property is slated to open in late 2022, with 13 food and beverage options and two hotel brands inside.
The return of Lollapalooza this weekend will put a lot of money in the tills of CBD hotels, but its dense crowds of concertgoers could spread Covid further.
Events such as Dragon Con and the Chick-fil-A Peach Bowl are promising to improve Atlanta hotels' leisure business as well this year.
The emergence of the omicron variant may not spell doom for hotels, but it means a worse-than-expected holiday season and prolonged recovery for the industry.
Perez-Alvarado talks about market recovery, ESG mandates and the value of flexible workplace arrangements to retain talent.
Tristan wants to buy hotels for core-plus and opportunistic funds.
Though they aren't trading at steep discounts, hotels are trading quite briskly.
The seven hotels were considered non-core urban properties and allow Hersha to pay down corporate debt and focus on luxury and resort properties.
Developers are unleashing the most new hotel rooms in the city's history, including the Signia By Hilton.
Two of Ireland's most luxurious hotels have been put on the market with a combined price tag of €20.5M.
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.