The coronavirus pandemic caused a historic downturn in the U.S. hotel industry that was larger than the ones caused by either the 2008-09 recession...
October 25, 2021
Hospitality
October 25, 2021
October 22, 2021
US Hotel Occupancy in Week Ended Oct. 16 Hits Peak Since Mid-August – STR
Hotel occupancy in the U.S. during the week ended Oct. 16 rose to 65.0%, its highest level since mid-August, but the figure...
October 21, 2021
Blackstone Real Estate Income Trust Completes Acquisition of $3.2 Billion Portfolio
Blackstone Real Estate Income Trust Completes Acquisition of $3.2 Billion Portfolio October 21, 2021 | James Sprow | Blue Vault Blackstone Real Estate Income Trust (“BREIT”) completed the acquisition of WPT Industrial Real Estate Investment Trust, a Toronto-based real estate investment platform that acquires, develops and operates distribution and logistics properties. The all-cash deal is…
October 18, 2021
US Hotel Occupancy Peaks Ahead of Columbus Day Weekend
U.S. hotel occupancy in the week ended Oct. 9 climbed to 63.9%, its highest level since the week ending Aug. 14, according to data from STR, which tracks the...
October 11, 2021
Corey Maple: Legendary’s Unique Strategy
Corey Maple: 721 UPREIT Transaction Explained
Corey Maple: Hotels Recovering
October 7, 2021
Hotels Lean on Leisure, Pray for Business Travel
U.S. hotel owners are bracing for another quarter of sluggish business travel, hoping that this year's surge in leisure travel can carry over into the fall and holiday season...
October 7, 2021
Blackstone Places Winning Bet on The Cosmopolitan of Las Vegas
Blackstone’s $5.65 billion sale of The Cosmopolitan of Las Vegas late last month signals that casino properties can produce a winning formula with the right pieces in place...
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