The owners of a historic Michigan hotel undergoing reconstruction following a 2022 fire are going to court because a dispute over an 1891 property line is preventing the hotel from reopening. According the WCRZ.com, the Holly Hotel was among the businesses in Holly,...
CBRE (NYSE:CBRE) has revised its forecast for 2024 U.S. hotel performance, citing weaker-than-expected leisure travel and the slowing in corporate profit growth. CBRE is now projecting a 1.2% increase in revenue per available room (RevPAR) growth for 2024, down from...
Aperture Hotels, an Atlanta-headquartered hospitality management provider specializing in premium lifestyle, compact full-service, and select-service hotels, announced the appointment of Patrick Short as chief operating operator. In his new role, Short will provide...
Marriott International Inc. (NASDAQ:MAR) has filed a $2.6 million lawsuit against one of its New York City-based franchisees for allegedly breaching its contract by turning the hotel into a shelter for illegal immigrants. According to a Gothamist report, the 18-story,...
The Hong Kong-headquartered Rosewood Hotels & Resorts is expanding its Caribbean presence with a new resort planned for the Bahamas. The planned Rosewood Exuma will be developed in partnership with Yntegra Group, a Miami-based private investment company. The...
Hyperscale Data Hires Newmark to Seek Debt for Michigan AI Campus
