The Caribbean-focused lodging and hospitality company Sandals Resorts International has restarted efforts to sell itself, according to a Wall Street Journal report sourced from unnamed “people familiar with the matter.” The Jamaican-headquartered company is reportedly...
The real estate development firm Webstar Technology Group (OTCQB: WBSR) has partnered with Nelson Worldwide Architects to design its proposed $650 million Bear Village mixed-use family resort destination in Commerce, Georgia. According to the companies, the 120-acre...
New York City Mayor Eric Adams has announced the historic Roosevelt Hotel will cease to serve as a migrant shelter in June. The Wall Street Journal reports Adams’ administration said plans to close the hotel were being formulated since December, when the number of...
CBRE (NYSE: CBRE) is predicting a vibrant 2025 for the US hotel industry with a new forecast that expects revenue per available room (RevPAR) to enjoy steady growth throughout the year. CBRE is forecasting a 2.0% increase in RevPAR growth this year, with occupancy...
AvantStay, the hospitality management company and tech platform with over 2,300 short-term vacation rental properties across 65 markets, is expanding into the hotel industry with the forthcoming opening of The Gilmore, an AvantStay Hotel, in Nashville. The new hotel...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
