Tallest hotel in Las Vegas finally welcomes guests after sitting empty for 10 years
The tallest hotel in Las Vegas has finally opened its doors after a sitting empty and unfinished for more than 10 years.
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Grand opening finally welcomes Fontainebleau Las Vegas
The Fontainebleau Las Vegas will host its grand opening Wednesday night, completing a development process that has spanned more than 15 years…
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Crown launches internal investigation into CEO
Crown Resorts, the gaming giant owned by New York-headquartered private equity firm Blackstone, is investigating its chief executive, Ciaran Carruthers, over allegations he intervened to allow patrons back into its casinos even after security had…
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The owner of the historic Bancroft Hotel in Berkeley now wants to turn it into mostly offices, instead of an apartment complex…
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Developer-led company 216 blocks - A newly opened Portland tower block anchored by the Ritz-Carlton Hotel has defaulted on a $127 million loan on a California hotel project…
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Trump's legal woes sow uncertainty for hotel brand
With former President Donald Trump and his namesake company embroiled in a high-profile civil trial in New York, the future of some of Trump's real estate and hospitality empire, including the Trump International Hotel & Tower New York, remains…
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There is a lot capital on the sidelines waiting to be deployed, but European investors said that's likely where it will stay, at least for the foreseeable future…
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COVID-19 caused a major paradigm shift in where workers operate with many companies offering hybrid and remote work. This caused a shake-up in commercial real estate, rendering office spaces obsolete…
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With $2.3 Billion in Maturities Looming, Service Properties Focuses on Addressing Debt
Service Properties Trust President and Chief Investment Officer Todd Hargreaves said his company is open to buying hotels, but its immediate priority is dealing with a wave of debt that is maturing over the next two years…
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CapitaLand Ascott Trust divests two hotels in Australia for AUD109.0 million - CBRE Hotels
Transaction is part of CLAS’ active portfolio reconstitution strategy to deliver sustainable returns to Stapled Securityholders.The Courtyard by Marriott Sydney-North Ryde and Novotel Sydney Paramatta sold by Michael Simpson and Vasso Zographou of…
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Mogul Capital has pulled back on its plan to build a 396-room hotel in Santa Clara…
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Iron Horse Hotel's employees 'all stuck it out' during dispute that led to bankruptcy
The owner of Milwaukee's Iron Horse Hotel has settled a dispute that led the company to reorganize its finances under Chapter 11 bankruptcy protection…
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I reluctantly agreed to do this end of the year preview in that the uncertainty barometer is near the top of the scale…
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UK's Biggest Hotel Chain Wants 'EasyHotel' TM Revoked
London (October 17, 2023, 6:34 PM BST) -- Premier Inn Hotels Ltd. is arguing that the English courts should invalidate EasyGroup's "easyHotel" trademark, countering infringement claims over its "rest easy" marketing campaign…
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Torquay Premier Inn construction £3.5m over budget
A council-built 120-bedroom hotel is set to open in Torquay nearly two years late and £3.5m over budget. The Premier Inn, constructed by Torbay Council, was due to cost £11m, but the figure has risen to more than £14.5m…
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Midland Hotel owner loses almost £60m despite sales nearly doubling
The renowned hotel was recently in the spotlight when it hosted senior Conservative politicians during the party's recent annual conference which was staged at nearby Manchester Central…
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Perfect Storm - Llandudno 'spy hotel' on market for £2.4m during 'craziest time' in living memory
Through canny management, its owner is standing up to economic headwinds. But times are tough for him and tough for the sector…
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Resorts withdraw connector lift proposal
Vail Resorts-owned Stowe Mountain Resort and privately-owned Smugglers’ Notch Resort had been in discussions with the state since 2017 about a proposal to build a 2,600-foot connector lift…
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