As of the end of January 2020, prior to the closures of businesses determined to be non-essential and the announcement of stay-at-home recommendations due to COVID-19, the Las Vegas Convention and Visitors
It took several months, but coronavirus is finally impacting hotel construction. The hotel development pipeline had been an anomaly to the economic downward spiral from the pandemic. While hotel occupancy
Many California properties are reopening their doors to leisure travelers today for the first time since mid-March, as restrictions to lodge only essential workers lifted. According to Bijal Patel, chairman
As part of a new three-way venture, BentallGreenOak (BGO), Flank Management LP (Flank), and Geolo Capital (Geolo) today announced the acquisition of the Hutton Hotel in Nashville, Tenn., in an all-cash
The Baird/STR Hotel Stock Index rose 1.7% in May to a level of 3,232. Year to date through the first five months of 2020, the stock index was down 38.7%. "Hotel stocks were relatively flat in May, which
The U.S. hotel supply continues to grow at a record pace, even with the industry facing its worst downturn in recorded history. But the building boom's days are numbered. Many hotels around the world are
As cities across the U.S. begin to reopen, hotels are setting down roots.
The world's largest hotel companies expect independent hoteliers to flock to flag affiliations and their accompanying global reach during the coronavirus recovery to rebuild business. Don't hold your breath
The largest affordable, workforce-targeted housing project in the United States to be completed entirely without federal funding or tax credits has entered its final renovation and construction phase.
Kalibri Labs is now the exclusive provider of hotel performance data powering Newmark Knight Frank's NSights reports produced by its Hospitality, Gaming & Leisure (HGL) specialty practice within Valuation