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The Lenders Behind the NYC Hotel Boom

New York City is currently in the midst of a major hotel boom, with more than 9,000 new hotel rooms in more than 50 properties joining the market in the last two years. But where is the capital for all ...

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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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