A taxpayer-funded program to house incarcerated people released from Rikers in hotels during the COVID-19 pandemic became an elaborate fraud conspiracy in which the founder and former CEO of Exodus Transitional Community, Julio Medina, pocketed…
OAKLAND — A big highrise hotel in downtown Oakland has tumbled into default on a delinquent loan, fresh evidence of a feeble lodging market in the Bay Area.0The Oakland Marriott City Center hotel next to…
Cycas Hospitality has announced its first signing in Portugal with the introduction of Marriott International's Autograph Collection resort-style hotel development in Sintra, the country's renowned UNESCO cultural region near Lisbon. This landmark project marks Cycas…
ARLINGTON, Va. -- The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 8 February. CoStar is a leading provider of online real estate marktplaces, information and analytics in the property markets.…
Construction on six new hotels is to begin in Jamaica in the upcoming fiscal year, which starts on April 1. The developments, when completed, will bring foreign direct investment of US$2.5 billion and 10,000 new…
The recent Europe Construction Pipeline Trend Report from Lodging Econometrics (LE) details that, at the end of Q4 2024, the region’s total pipeline is 1,661 projects/244,464 rooms. At the Q4 close, there are 736 projects/112,904…
Wyndham reported 5% growth in RevPAR at its franchise properties near data centers.RevPAR, a hospitality metric, measures revenue based on occupancy and average daily room rates.The boost likely came from out-of-town construction workers.Wyndham Hotels and…
This opening marks the debut of the Park Inn & Suites brand in Bengaluru and will be the second operational hotel under this brand in India. The Group currently has five operational hotels across Bengaluru…
Hotels across the country strive to satisfy guests as best they can, and those looking for a five-star stay don’t have to travel out of Massachusetts.U.S. News & World Report ranked 3,900-plus top properties for…
The UK’s largest hotel business has opened seven new hotels since the start of its current financial year in March 2024 The 1,000 new room milestone was reached by the opening of Premier Inn London…