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The Developing Story: Brooklyn

The Developing Story: Brooklyn

Over the past decade, Brooklyn has gone from playing second fiddle to its shinier, busier neighbor Manhattan to becoming a star of New York City in its own right. With residential, retail, lodging, and entertainment space in a state of ...

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Hard Rock Announces Santo Domingo Hotel Development

Hard Rock Announces Santo Domingo Hotel Development

ORLANDO, Fla.—Hard Rock International reveals plans for its second hotel and casino in the Dominican Republic, Hard Rock Hotel & Casino Santo Domingo, located in the heart of the capital city. In collaboration with All Inclusive Collection, the full service ...

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Healthy Outlook for Hotel Spas

Healthy Outlook for Hotel Spas

Coming out of the great recession, U.S. hotel operators struggled to earn revenue from sources other than guestroom rentals. However, in 2014, the industry began to see guests spend their money in other areas of the hotel. According to the ...

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Strong Showing in 2015 for Upper-Upscale Segment

Strong Showing in 2015 for Upper-Upscale Segment

Often offering large meeting spaces and located in desirable downtown locations, full-service, upper-upscale hotel properties had a landmark 2015. Last year, this segment of the industry showed high occupancy, had a spike in average daily rate (ADR), and drove revenue ...

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Laurus Acquires Vail Cascade Resort and Spa

Laurus Acquires Vail Cascade Resort and Spa

LOS ANGELES—Laurus Corporation, a private real estate investment and development firm, has announced it has acquired Vail Cascade Resort and Spa, one of Vail’s only true ski-in/ski-out hotels. Beginning April 2016, the 292-room Vail Cascade Resort and Spa will undergo ...

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