Lodging & Hotel

The report from American Hotel & Lodging Association and Kalibri Labs projects that hotel business travel revenue will remain 23% down from 2019 by the end of this year.

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.

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.