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D.C. Hotels Below 20% Occupancy During Usually Busy Summer Tourism Season
D.C. hotels remained around 20% occupancy in June, a fraction of their normal levels during the typically busy summer months.
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D.C. hotels remained around 20% occupancy in June, a fraction of their normal levels during the typically busy summer months.
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Proposed projects in S.F. and the East and South Bays include rehabilitating current and former hotels, a college dorm building and a co-living property.
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WorkChew, founded in 2018, turns underutilized restaurant and hotel space into flexible workplaces.
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The Supreme Court declined to hear the cases and ordered lower courts to dismiss the suits as Donald Trump is no longer president.
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It may be too early for landlords to start converting their commercial properties to residential
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Cass Business School data shows lenders turning off the investment tap for UK and London hotels
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ACORE Capital is planning to make rescue loans to hotels beset by pandemic woes.
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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.
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As travelers return to smaller, more intimate boutique hotels, developers and investors are kickstarting long-delayed projects in the sector.
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Omicron and winter have been a one-two punch, but the variant is subsiding and warmer weather lies ahead.
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