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Two deep-pocketed investors have bought a piece of Extended Stay America.
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Hotel network Ashford Hospitality Trust missed interest and principal payments on nearly all of its loans.
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Hometel offers way for landlords hit by the coronavirus to make some money quickly
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With business travel at a crawl, many longtime loyalty members would have lost the elite status that took them years to build, but Marriott is holding on.
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Prosecutors widened their probe into former President Donald Trump's business dealings and now want to learn more about a $130M loan for a Chicago tower.
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Many industries are experiencing labor shortages, but Covid-19 may discourage many Americans from ever returning to their hotel jobs.
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While Rosen can't be forced to pay $80M to the ground landlord, his company could still be taken to court for that money.
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Hotel Pennsylvania is officially getting razed, as Vornado plots out its future.
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Oil is at $100 a barrel and gas prices are at their highest levels since the Great Recession, but Americans are still itching to travel.
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The coworking provider currently operates three locations in suburban Atlanta.
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