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As part of a trillion-dollar project, Saudi Arabia has unveiled a new hotel that looks suspiciously like something out of Lord of the Rings — and its development has caused anger.
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The business world is an eternal cycle of reinvention, where actors adapt to market conditions by establishing a new ecosystem that appears most relevant. Hospitality investors are no exception. Along the way, they’re integrating today’s new data…
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Donald Trump’s family business tried to open a luxury hotel in Jerusalem, Israel, according to a report.
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At a HICAP ANZ panel in Sydney, hotel executives discuss financing, insolvency issues and tax changes happening right now in the Australian hospitality market.
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The hospitality chain has lost 99.5% of its value since going public, currently having a market cap of just $25 million. It is set to soon be delisted from Nasdaq after repeatedly failing to meet the exchange’s deadlines…
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If the Otto family-owned ECE Group was born out of its deep knowledge of the retail trade and retail real estate in the 1960s, the firm today – an independent real estate developer, operator, owner and investor in several asset classes – is still…
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Several times a month, I get a call that usually goes like this: “Hi Steve, Hope you are doing well. I have a “golden” opportunity to purchase this amazing hotel site in an incredible hotel market. It's being offered for $10 Million- should I buy…
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Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector.
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New Zealand’s pipeline of new hotels is slowing to a trickle, and policy levers to attract new investment need to be introduced before it becomes a problem, an industry advocate says.
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The InterGroup Corporation is a Delaware corporation formed in 1985, as a successor to Mutual Real Estate Investment Trust, a New York real estate investment trust created in 1965…
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The owners of Bal Harbour Shops, a luxury shopping centerpiece for 60 years in the middle of a $550 million expansion, plan to build bigger. Armed with Florida's Live Local Act, developers revealed blueprints for towers more than 270 feet tall…
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Planning an exit strategy is an essential component of hotel investment that enables investors to align their objectives and goals with a well-defined roadmap for exiting their investment…
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The $3.5 billion proposal for a major resort north of Squamish hits snag on disagreements on how to proceed an the operating firm's default on loans…
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The plans called for copper. Instead, steel was used. Now, the city-owned Hilton Baltimore Inner Harbor hotel claims it could face “catastrophic structural failures” if the hotel doesn’t replace its pipes…
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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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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 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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