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HOUSTON—After the oil bust, Houston was on fourth down and needed to go long for a hail Mary, which seems to have paid off in the form of an economic stimulus estimated at $200 to $350 million.
DALLAS—Highland Dallas has returned to join the Hilton brand, as the inaugural member of the Curio Collection, and the 198-room hotel has a spa, salon and upper-story Infinity pool, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
IRVINE, CA—Developing and maintaining a culture that recognizes and rewards employees at all levels is one of the keys to retaining talent in this highly competitive field, R.D. Olson's Bill Wilhelm tells GlobeSt.com <b>EXCLUSIVELY</b> following the recent lodging conference.
CHICAGO—Appreciation for institutional-grade properties has been on a steeper downward trajectory than income throughout 2016, the National Council of Real Estate Investment Fiduciaries said Wednesday.
Despite the pundits and brokerage advisors continuing to try to put lipstick on the pig, the reality is the hotel business is continuing to deteriorate.…
McLEAN, VA—The agreement will give Beijing-based HNA Group an equity interest in Hilton Worldwide Holdings as well as two spin-off companies, Park Hotels & Resorts and Hilton Grand Vacations.
IRVINE, CA—Although it hasn't matched the pace set in 2015, “2016 has been a year of slow yet steady growth for commercial real estate as a whole,” says Peter Muoio, chief economist with Ten-X.