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A projected dip in visitors has yet to materialize for NYC hotel owners, but many are still expecting a national downturn to arrive soon.
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IHG is continuing its global growth with the acquisition of Ruby Group, which operates 20 hotels across Europe.
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Property values for the hotels have dropped by more than half since the loan was originated.
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DFW’s continued population growth, business-friendly environment and influx of corporate relocations have juiced the need for new hotels in the metro.
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After evaluating other options, Braemar Hotels & Resorts' board of directors determined it was in the best interest of the company and its shareholders to sell.
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The company behind the boutique hotel and private club brand will also get an equity infusion from investors led by Ashton Kutcher.
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Philadelphia hotels are poised to have a big 2026 with a jam-packed event calendar, and executives hope it can create long-term momentum for the sector.
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Noted Collection will be a premium offering, the company announced during its full-year earnings call.
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A Triptych Hotel will rise in Midtown Miami.
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Press Up and Oakmount's Matt Ryan on the Dean Hotel, Clerys, Bray Town Centre and more.
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