Women, minorities, the young and the less educated will likely be the hardest hit by hallowing out of retail, hospitality and entertainment jobs.
The developer, Glenroy Coachella LLC, filed for Chapter 11 protection after the project’s manager has faced allegations of fraud.
The company is partnering with Fontainebleau Development on a long-stalled resort and casino on the Strip.
A trade group that represents Marriott, Hilton and Sheraton as well as smaller boutique hotels is asking the city to forgive or reduce interest charges.
The company is seeking the capital in combination of debt and equity.
As an investment to own, the revenue and expenses related to hotel condominiums should be carefully considered.
Revenue at the Florida resort has tumbled, hundreds of workers have been furloughed and the broader Trump brand is under distress.
Centara Hotels & Resorts, a unit of Central Plaza Hotel Pcl, will reopen existing properties and open eight new international ones.
Across the various subsectors, REITs remain on the trajectories that began in the fourth quarter of 2021 as the industry looks to a post-COVID-19 recovery.
The 21C hotel in Lexington, Ky. redesigned one of its rooms to mimic the ceiling chess board in The Queen’s Gambit.