Lodging & Hotel

The private equity firm’s second dedicated property fund has raised $2.2 billion for investment in European apartments, warehouses and hotels.

Leisure hotels are leading the recovery in the hotel sector with high occupancies and average daily rates.

For the week spanning June 1-8, the state saw 2,000 more arrivals than it did in the same period in 2019. But it’s facing a shortage of hospitality workers.

Summer leisure bookings are skyrocketing as Americans emerge from the pandemic, but business travel is rebounding more slowly.

Early results show that investors in the lodging company will approve the deal, despite opposition from six large shareholders.

With face-to-face gatherings given the green light, what form might CRE events take in a post-COVID-19 world?

Casinos across the U.S. are enjoying as patrons, particularly younger ones, begin to splurge with the money socked away during the pandemic.

Star Entertainment Group is proposing an all-stock merger and Blackstone has sweetened its cash offer.

Room-nights were down about 43% in April compared with 2019 levels, he said, which was an improvement from March. The rebound was being led by domestic travel.