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News
NYC: Fortuna on Hunt for Hotels
Apr 04, 2014
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More than 7,000 unionized workers at 46 hotels across the city are working without a contract after their previous agreement expired at the end of Aug. 31.
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TKO LLC offered $2B in cash for 93 Service Properties Trust hotels, but analysts see problems in the fine print.
The $140M Hyatt Regency Vancouver sale was Canada's biggest deal in 2014. Colliers’ Alam Pirani and Tom Andrews explain the growing appetite for hotels.
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Billionaire brothers David and Simon Reuben paid more than $800M for the debt on the iconic Plaza Hotel, and two other hotels.
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Rambleside is quickly losing patience with Morgans Hotel, demanding that the hotel company move take action soon.
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