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The combination, which VICI's board said was “not in the best interests of the company,” would create the nation's largest triple-net lease REIT by enterprise value.
"It's a great thing when you put smart people together," says Brad Korman. "It's a great opportunity to branch outside the real estate realm and hear how other business leaders and change-thinkers are looking at the world and what they do, and how that impacts what they could be doing in their industries."
The flagship InterContinental is the newest high-rise hotel to be developed in San Francisco and the only hotel that is contiguous to the Moscone Convention Center, which is completing a 300,000-square-foot expansion.
Are removing “Do Not Disturb” signs and requiring staff to enter guestrooms once a day intrusive or an extension of good service? RAR's Bob Rauch weighs in on the controversy with GlobeSt.com.
The improved economy, coupled with the spike in new hotel development, means we are seeing more owners invest considerable amount of dollars toward renovation and upgrades, Atlas Hospitality's Alan Reay tells GlobeSt.com.
Developer Oram Hotels receives a $36.55-million loan for the continued renovation and development of Downtown San Diego's historic 500 West Broadway building into an upscale boutique hotel.
NEW YORK CITY—Driven by robust business and leisure travel, the US hotel industry completed another year of record setting metrics including: Occupancy,…