My Place Hotels Open in Three States
As extended-stay hotels continue to outperform the wider hospitality industry, My Place Hotels of America is expanding its footprint and this month announced the...
Loews Purchases Hotel 1000
NEW YORK—Loews Hotels & Resorts, a wholly owned subsidiary of Loews Corporation, has announced that it has entered into an agreement to purchase the...
Los Angeles Has the Country’s Largest Hotel Construction Pipeline
PORTSMOUTH, N.H. — In the most recent Lodging Econometrics (LE) Construction Pipeline Trend report on Los Angeles, LE reported that Los Angeles has a...
CRE Outlook Forecasts Stable But Slow Growth for Hospitality
After years of growth, the commercial real estate outlook is cautiously optimistic, with moderate, steady growth forecasted for the year ahead, according to a...
Jordache Investment Arm Buys Setai Miami Beach
MIAMI BEACH, Fla.—Nakash Holdings, the investment company controlled by the founders of Jordache Enterprises of designer jeans fame, has purchased the 130-room Setai Hotel...