A new US hotel sector forecast published by CBRE (NYSE: CBRE) is predicting revenue per available room (RevPAR) will grow modestly in 2025, with activity fueled by urban locations benefitting from increased group and business travel along with rising demand for...
Marriott International (NASDAQ: MAR) has acquired the hotel brand CitizenM for $355 million. According to the companies, the CitizenM global portfolio encompasses 36 open hotels comprising 8,544 rooms across more than 20 cities in the US, Europe and Asia Pacific,...
Dynamic City Capital (DCC), a Utah-based real estate investment firm specializing in premium-branded hotels, has acquired The Wilde Resort and Spa in Sedona, Arizona. The acquisition marks DCC’s expansion into the luxury spa resort market. The property features...
Letitia James accused of mortgage fraud, the Sun Belt loses its charm, and a tribute to a lodging sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 14-18 Miss: Not Practicing What She Preaches. New York...
Hilton (NYSE: HLT) has signed a branding and management agreement with Wine Country Hospitality Partners LLC to create the Waldorf Astoria Texas Hill Country and Waldorf Astoria Residences Texas Hill Country. The new resort, which is slated to open in 2027 at a site...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
