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Unemployment Low Despite Market Volatility

Despite sudden market swings and a weak overseas economy, unemployment applications remained at a low level, suggesting layoffs aren’t widespread, according to the Associated Press. Weekly applications rose 10,000 to a seasonally adjusted 272,000, the Labor Department reports, but the ...

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Airbnb’s Ousted Listings Already Back

After Airbnb confirmed on Wednesday that it removed roughly 1,500 listings run by commerical landlords before publicly releasing its information, many of the scrubbed landlords have popped back up on the short-term rental site, often relisting the same properties that ...

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Hilton Announces REIT and Timeshare Spinoffs

Hilton Worldwide made it official today, declaring its intention to spin off the bulk of its real estate holdings as a separate REIT and its timeshare business, Hilton Grand Vacations, as a standalone company. As part of its earnings release ...

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Trending: Smaller Guestrooms

With a stronger emphasis on common areas where guests can meet, mingle, and hang out, many hoteliers are scaling back when it comes to where the guests actually sleep. While the average size of a hotel guestroom in the United ...

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Airbnb Admits to New York Data Purge

After weeks of speculation, Airbnb has admitted in a pair of letters sent to state legislators and Airbnb users in New York that it purged roughly 1,500 listings ahead of releasing data  to regulators. According to Bloomberg, Airbnb reportedly kicked off 622 hosts in a ...

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Trump Brand Under Scrutiny

With Donald Trump leading the GOP race for the White House, the Trump brand and its business dealings are getting the harsh spotlight treatment. The New York Times delves into Trump’s real estate deals in New York City, citing previous bankruptcies ...

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