National

Hilton Board Greenlights Separation of Businesses

The hotel giant will spin off its Hilton Grand Vacations timeshare division and Park Hotels & Resorts into two independent companies.

Economy Watch Weekly: Unemployment Rate Hits New Low

The U.S. economy had some good news in November, with a solid jobs report and the unemployment rate reaching a low not seen since August 2007. Economy Editor Dees Stribling breaks down the numbers, for the week ending Dec. 2, 2016.

Economy Watch: Non-Manufacturing Sector Still Growing Nicely

November marked the 82nd consecutive month of economy growth in the sector.

CPE Announces the 2016 Executives of the Year

Here are the individuals boldly shaping the future of commercial real estate, as determined by their peers.

Economy Watch: Construction Spending Gains Ground in October

The first 10 months of 2016 have been pretty active for development, with construction spending up 4.5 percent from the same period last year.

White Lodging Names New CEO

Ken Barrett brings more than two decades of experience in the hospitality industry to the Merrillville, Ind.-based company.

Sam Nazarian

SBE Closes Purchase of Morgans Hotel Group

The transaction, valued at $805 million, more than doubles the number of hotels in the company’s portfolio.

Economy Watch: Econony Adds 178K Jobs in November

The national unemployment rate also dropped to 4.6 percent, the lowest it’s been since before the recession.

Economy Watch: Employment Markets Tighter, Incomes Up

Recent data reports are pointing to a stronger economy, suggesting a probable interest rate hike this month.

Economy Watch: Real GDP Surges in 3Q

Consumer spending drove real US GDP up by 3.2 percent, marking the strongest growth in two years.