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Premier Hotel commercial real estate news, analysis, trends and information for hospitality and lodging properties.
Air traffic is expected to reach a record level this summer.
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Owners have come around to Solar's NOI benefit and carbon reduction. We can now add raising capital to the mix.
Pitches 3M SF, 1,700-room hotel to serve conventions at Javits Center.
Largest insurer pulls out of largest market citing "catastrophe exposure."
Things will get worse before they get better, and they take until 2025 to return to normal, according to a recent ULI report.
What seems like a good news/bad news scenario is closer to a bad news/worse news one.
There's synergy between the two real estate sectors but summer travel at least may boost hotel stays.
The largest owner of US malls is doubling down on a mixed-use strategy.
New York, DC, San Francisco, Minneapolis and Chicago will see the greatest change in demand.
State program will provide $48M of $150M hotel adaptation project.