Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375M with a $285M loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt
A lawsuit filed last week in California alleges that the hotel industry engaged in illegal price-fixing using AI-powered software from IDeaS
Hilton Worldwide Holdings has agreed to pay $210M for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns
Small towns, rural areas and resort-oriented communities have proven to be the most resilient markets for short-term rental supply during the COVID-driven tumult of the last year
The company's public debut represents a bet that the real estate and travel industries will keep colliding
Weeks after a Supreme Court ruling protected the Obama-era immigration policy, the National Association of Hispanic Real Estate Professionals joined leaders from the business world in supporting the policy
Find out what's trending globally in the next couple decades