By tag

Asia's biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New York City for just over $98 million.
read more

As hotel lodging performance continues to recover from the effects of Covid-19, there have been increasing signs that investors are again buying, selling or refinancing of hotel assets…
read more

Despite the setbacks of the pandemic, 2021 actually looks brighter regarding economic projections and business possibilities…
read more

COVID-19 has been devastating for the hospitality industry. Hotel occupancy rates are still well below normal. While some lenders are still granting relief to borrowers, lenders increasingly have been foreclosing on properties…
read more

Macao casino stocks slid on Monday, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering, with the founder of the gaming hub's biggest junket operator among those detained…
read more

MGM Resorts International announced that the Company has entered into a definitive agreement with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the "property" or "The Cosmopolitan") for cash consideration of $1.625 billion…
read more

Officials of Castell Project Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry have named Gilda Perez-Alvarado, global CEO, JLL Hotels & Hospitality, as the recipient of…
read more

Usually deemed to be bedrocks of nerve and insight, investors also have been on a rocky road through the COVID-19 crisis, but success in real-estate investment in the hotel industry continues to rely on flexibility, constant analyses of strategy and…
read more

A $17 billion deal announced Wednesday consolidated many of Las Vegas' biggest hotel-casinos under one real estate company. 
read more

To meet the growing demand for private and secluded getaways, Preferred Hotels & Resorts has the launched the WHERE NEXT? Buyouts—the second phase of its global WHERE NEXT? campaign.
read more

THE developer behind the stalled George Best Hotel project in Belfast is still under active investigation by the Department for the Economy over his conduct as director in the lead up to the company falling into administration…
read more

Europe Is Only World Region With Increase in Hotel Construction…
read more

To be globally successful, Hilton must be locally successful, one hotel at a time, working together with a diverse array of owners who reflect the communities and guests we serve…
read more

This report shares anticipated investor trends accelerated since the onset of the pandemic
read more

February 2021 – today, nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears…
read more

RobertDouglas conducted its eighth annual lender survey to measure the current state of financing market conditions and to ascertain critical future expectations through the lens of the specialist hospitality lending community…
read more

Expecting a tidal wave of distressed selling and recapitalizations at 30-50% discounts to pre-COVID values, the private equity industry raised an unprecedented amount of capital in the early months of the pandemic…
read more

Billionaire casino magnate Sheldon Adelson, whose gambling and hotel businesses turned him into a major political power broker in the US and Israel, has died. He was 87.
read more