Hotel
Marriott Secures $1.5B Revolving Credit Facility
The hotel giant expects the new financing to help with liquidity as it grapples with closed hotels and declining RevPAR and occupancy rates.
Past Downturns Offer Perspective to Hospitality Sector
Years of outstanding growth in hotel occupancy and revenue could help speed up recovery in major markets.
Frontline Workers Get Access to 3 Million Hotel Guestrooms
The American Hotel and Lodging Association and a partnership of Hilton and American Express have introduced initiatives providing accommodations to health-care and emergency personnel.
Swiss Investor Buys Stylish Berlin Hotel
Eastern Property Holdings has purchased the 304-key Nhow Hotel in the Friedrichshain neighborhood.
Personalizing a Hotel Room: How About a Movable Wall?
An established Swiss hospitality operator is about to take a sizable step into personalized hotel experiences.
Nashville Commercial Real Estate Wrap-Up – March 2020
Downtown project lands nearly $280 million loan. Office portfolio sells for $80 million. Here’s our March list of Nashville must-reads.
Tropicana Las Vegas to Sell in $338M Leaseback Deal
The deal is set to provide Penn National Gaming with more liquidity during the coronavirus outbreak.
Q&A: How Can Hotels Prepare for an Optimized Recovery?
The hotel industry is one of the hardest-hit sectors by the coronavirus outbreak. Kidder Mathews’ John Gordon shares some solutions hotel operators might implement now and going forward.
Hurt by Virus, Hotels Turn Into Hospitals
Hotels around the world are being converted into emergency medical facilities, and in some cases, temporary lodging for health-care workers.
Hospitality Faces Coronavirus Crunch Time
A report from the U.S. Travel Association offers a sobering assessment of sharp declines in hotel occupancy and revenue, as well as a surge in job losses.