Short-term vacation rental management platform Vacasa announced the completion of a $319M Series C funding round that it said brings its valuation above $1B.
Many hospitality stocks dropped at least 5% in premarket trading, though there was recovery in the second half of the day.
Hotel is rebounding, but a cost of living crisis on the horizon is one of the factors that could derail it.
Business travel is on the upswing, but hoteliers remain cautiously optimistic.
Debt on the iconic New Yorker Hotel has changed hands, with M&T Bank selling the $106M note it held on the property.
The publicly traded hotelier is slowing its expansion, its latest filing shows, as unaudited year-end figures show its losses and legal costs increased in Q4.
Donations to Eric Adams' 2025 reelection campaign may violate campaign finance laws, according to a new investigation.
Multiple landlords have filed suit against LuxUrban in the last month, as the publicly traded hotel company battles plummeting share prices.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.