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New York City's hotels are almost full again. But the financial pressure after two years of losses could still mean more hotel sales at a discount, experts say.
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London hotel occupancy remains depressed as sector struggles to recover from pandemic plus recession fears
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The Guardsman and the Lincoln Plaza hotels in London are up for sale.
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Much of the new demand is expected to come from infrastructure project workers.
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Hotel occupancy in NYC hit 86% in July, a 10% jump compared to the year before.
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A rundown of recent noteworthy commercial real estate transactions and happenings in the Baltimore metro area.
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Room renters say hotels charged more for hotel rooms due to an agreement between chains to share sensitive information about prices, supply and future plans.
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The proposal would bump wages for those employees to $25 per hour from $16.90.
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Union leaders are hoping recent agreements, the upcoming holiday and awards seasons, and continued pressure are all leading toward a resolution soon.
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The biggest sales, leases, loans and more from the week in South Florida commercial real estate.
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