Mirae posted a 10 percent deposit this week on the acquisition of 15 hotels from Anbang.

The millennial generation’s preferences are driving a change in what types of multifamily and hotel assets are in demand.

The South Korean asset manager might value the properties at more than $5.5 billion.

Fewer foreign tourists and a high construction pipeline expected to lead to less revenue growth for hotel operators for the remainder of 2019.

Marriott announced plans to build two new all-inclusive results for $800 million.

The high-end fitness chain opened its first hotel in Manhattan this month.

“We have a lot of options in front of us, actually very creative and interesting options,” said MGM Resorts CEO Jim Murren.

The private equity firm has hired advisers to seek interest from potential suitors.

The largest operator of casinos in Las Vegas is working with an adviser to solicit interest from potential buyers.