Lodging & Hotel

CICC Capital is working the Chinese hotel chain’s management on the possible buyout bid.

The Oak View Group plans to build an area just south of the Las Vegas Strip, serving as the centerpiece of a new entertainment hub.

The project will feature two hotels, apartments, condos and retail space. It will test investor appetites to bet on downtown Los Angeles.

The company, which closed on its acquisition of the resort last month with Vici Properties, is offering equity-like award to the resort’s 7,000 employees.

Carriers slashed 151,000 flights globally through Feb. 1 in the first week the new variant appeared.

Understanding hotel and office investing in a pandemic-altered market.

CGI Merchant Group is in contract to acquire the hotel lease for the Trump International Hotel.