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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.
In the third large REIT merger announced in the past month, Equity Commonwealth has agreed to buy industrial REIT Monmouth for $3.4 billion. A federal judge has struck down the national eviction moratorium, reports CNBC. These are among today’s...