Lodging & Hotel

Three more shareholders are saying they plan to vote against the deal because they feel the purchase price undervalues the company.

Family office Tarsadia Capital LLC said in a letter to shareholders it believes both the pricing and the timing of the deal is off.

The U.S. hotel sector won’t fully recover from the pandemic until about 2025. But some segments are coming back much faster than others.

Provided guest are not in need of medical attention, resort operators are offering the opportunity to self-isolate on their dime.

Apollo Global Management and Vici Properties are buying the Venetian Las Vegas for $6.25 billion.

The stock deal will have an equity value of about $1.4 billion.

The Times Square Edition hotel, once valued at more than $2 billion, is about to inching closer to foreclosure.

The company will provide the equivalent of four hours pay to hotel workers who complete vaccinations.

The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics.

The pandemic prompted some developers to tap the brakes on new projects. That’s not the case at Howard Hughes Corp.