NYC Hotel Owners Are Defaulting On Their Mortgages
New York City hotel market is dealing with sinking rates and a flood of supply in the pipeline.
New York City hotel market is dealing with sinking rates and a flood of supply in the pipeline.
Planners recommend approval for Legal & General's Rackhams House of Fraser Corporate Street Temple Row hotel and office scheme in Birmingham
New plans for Birmingham hotel despite pandemic fall in occupancy
Kimpton will plant its third flag in a new area for the longtime San Francisco company.
Last week, Broadway announced it would not reopen until 2021. For hotels that rely on tourists to fill their rooms, the announcement comes as a blow.
Many hotels in New York City are still closed, and the fallout is dragging on longer than some expected.
DFW hotels are doing better, but are still reeling from a coronavirus-induced decline in hotel traffic.
Boston hotels suffered the biggest decline in average revenues per available room in 2020 among top markets identified by research firm STR.
Early signs suggest Midlands hospitality sector will recover quickly after lockdown
Ace is one of the highest profile hotels that won't reopen as a result of the coronavirus pandemic.
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