Resort real estate developers struggle to survive tough times
Many resort real estate firms are in distress as resorts receive few guests amid signs of resort oversupply…
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Resort real estate developers struggle to survive tough times
Many resort real estate firms are in distress as resorts receive few guests amid signs of resort oversupply…
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Miller Global Sells Canopy by Hilton Scottsdale Old Town Hotel in Arizona for $102M
SCOTTSDALE, ARIZ. — Miller Global Properties has completed the disposition of Canopy by Hilton Scottsdale Old Town, located at 7142 E. 1st St. in Scottsdale…
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An unusual Four Seasons backstory
Hotel development typically follows a straightforward business narrative: The owner, often a real estate investment group, shops for a brand that makes sense for the location and property attributes. A deal is struck, and a flag is raised…
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The 2023 Top 25 Historic Hotels Worldwide® Most Magnificent Art Collections List Is Announced
Historic Hotels Worldwide® is pleased to announce its selections for The 2023 Top 25 Historic Hotels Worldwide® Most Magnificent Art Collections List…
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Maine Hotel’s Fight with Self-Appointed ADA ‘Tester’ Heads to Supreme Court
This lawsuit was originally one of seven that Laufer filed in Maine that year, and one of more than 600 that she has filed over the past few years, primarily against small hotels and motels across the country…
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MGM casino-resort project in Japan closes certification with signed agreement
MGM Resorts says its plan for a new casino-resort in Japan took another step forward after signing an implementation agreement for the development this week…
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Owner of The Temple Bar refused planning permission for new hotel
Dublin City Council has refused planning permission to publican Tom Cleary for a new hotel for Dublin’s Temple Bar area. Mr Cleary is the owner of one of the country's best known pubs, The Temple Bar in Temple Bar…
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ITC's hotel business will not need significant capital raise, says CMD Sanjiv Puri
ITC CMD Sanjiv Puri said that the hotel business will have no debt and it will be able to fund its expansion over the next two to three years…
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The owners of a Halesworth hotel and restaurant have netted £10,000 in a competition run by Adnams Brewery. Pauline and Tyler Torrance manage the Boarding House…
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US hotel loan defaults could rise on falling leisure stays, climbing costs
U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs are expected to pinch their profits…
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Forbes: Asia’s billionaires ramping up hotel investments in Singapore
At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state…
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t’s a New York icon with its distinctive signage. The New Yorker Hotel, at 481 Eighth Avenue, has a history dating back to 1930, playing host to world-famous figures like John F Kennedy, Fidel Castro and Joe DiMaggio even as ownership has shifted…
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Dubai’s Five Hotels Publishes Financial Results for First Time
One of Dubai's top hotel holding companies suddenly posts two and a half years of financial data on its website. Either FIVE is feeling very proud of itself, or it's planning to go public soon.
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Opinion - Dear Annie: Micromanaging owner causing restaurant manager stress-related health issues
My son is the manager at a nice established restaurant. The owner is absent and only communicates through texts and calls to my son…
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Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026
With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion…
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Innovative Corporate Structures Drive Successful Hospitality, Hotel Valuation Remains Strong
The challenges facing hotel owners with maturing debt as well as hotel investors and developers are significant. However, they are increasingly getting creative and finding alternative financing solutions…
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Sir Andy Murray wants to build a 'wellness cottage' in the grounds of his £2million five-star hotel to offer spa treatments to guests…
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Wynn Resorts Settles Sexual Harassment Suit with Salon Workers
Wynn Resorts Ltd. settled this week with nine anonymous women who filed a sexual harassment lawsuit against the company in 2019, as the Las Vegas Review-Journal first reported. The terms of the settlement agreement, filed in U.S…
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