LuxUrban Hotels Inc. (NASDAQ: LUXH), a Miami-headquartered hospitality company which leases hotels and rents rooms to business and vacation travelers, has named Robert Arigo as its next CEO. Arigo joined LuxUrban in March as chief operating officer. Prior to his work...
Tekmak Development Company, a Dallas-based hospitality development company, has promoted Glenn Decker from vice president of operations to president. Decker succeeds Thomas Kirkland, who will remain as CEO. Prior to joining Tekmak in 2022, Decker spent six years in...
Roughly 135 of New York City’s nearly 680 hotels are housing illegal immigrants, a loss of 16,532 hotel rooms, according to a report in the New York Times. This represents approximately one out of five hotels. The current level of lodging availability is 2,812 fewer...
After 35 years in business, Las Vegas’ iconic Mirage hotel-casino will be shut down as of July 17. According to combined media reports, the 80-acre Las Vegas Strip landmark will be demolished and replaced by the Hard Rock Las Vegas, which will feature a 660-foot hotel...
The global investment firm KKR has teamed with Marriott International Inc. (NASDAQ: MAR) in the launch of a new endeavor in the midscale hospitality space in Japan. The new partnership follows KKR’s acquisition of Unizo Hotel Company Limited and a portfolio of 14...
Northpointe, CMG Sign Definitive Mortgage Channel Sale Agreement, Disclose …
