Cuomo Wants Empty Offices, Hotels Converted Into Housing. Most Landlords Aren't Ready To Make The Leap

It may be too early for landlords to start converting their commercial properties to residential

Valentine's Day Tragedy: Investors Fall Out Of Love With London Hotels

Cass Business School data shows lenders turning off the investment tap for UK and London hotels

ACORE Capital Readies $1B To Invest In Beleaguered Hotels

ACORE Capital is planning to make rescue loans to hotels beset by pandemic woes.

Hersha Hospitality Trust Sells D.C., Boston Hotels

The REIT sold the Capitol Hill Hotel in D.C. for $51M and the Holiday Inn Express in Cambridge, Massachusetts, for $32M as it continues its asset sale strategy.

Still In Recovery Mode, Boutique Hotels Could Grab An Outsized Share Of Corporate Travel When It Returns

As travelers return to smaller, more intimate boutique hotels, developers and investors are kickstarting long-delayed projects in the sector.

It's Been A Hard Winter For Chicago Hotels, And Relief Can't Come Soon Enough

Omicron and winter have been a one-two punch, but the variant is subsiding and warmer weather lies ahead.

Relevant's Tommie, Thompson Hotels To Be Sold In Foreclosure Auction

Machine Investment Group loaned Relevant $72M last year to finish the hotels.

Hotel Giants Ramp Up Push To Take Over Competitor Hotels Via Conversion

Resort executives have witnessed how conversions are driving growth. Lenders have held back financing new properties since the coronavirus emerged.

Marriott To Purchase One Of Chicago's Largest Hotels For $500M

Marriott will pay $300M for the property and an additional $200M for the land to acquire it from a venture of Tishman Realty.

Dallas' STR Ban Could Be A Boon For Suburban Hotels In A Slump

The ordinance restricts short-term rentals in single-family residential areas but allows properties to continue operating in multifamily-zoned districts.