Taylor Hospitality, a Waynesboro, Virginia-based hospitality management company, has completed its acquisition of The Blennerhassett, the 1889 landmark hotel in downtown Parkersburg, West Virginia. The 82-room hotel will be rebranded as The Blennerhassett, a Giovanni...
Frank Carone, an advisor and chief of staff to New York City’s former Mayor Eric Adams, pleaded not guilty to federal corruption charges related to a bribery scheme involving migrant housing. The Gothamist reports Carone, his brother Anthony Carone, and Chinese...
The federal government sold has sold the Waldorf Astoria hotel in Washington, DC, which was originally the Post Office Building, for $80 million. The Wall Street Journal, sourcing its’ coverage from unnamed “people familiar with the matter,” report the sale involves...
The US and Pakistan governments have signed a Memorandum of Understanding (MoU) for the renovation of New York City’s historic Roosevelt Hotel, which has been vacant since June after operating for three years as a migrant center. The agreement was negotiated by US...
DGH Hotel Partners JV LLC, a joint venture between Global Hospitality Investment Group and an unnamed global investment management firm, has received approval from the Boston Zoning Commission for a new hotel in the city’s Seaport District, across from the Thomas M....
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
