Hotel industry experts say Fed's latest rate cut won't help US hotels muchU.S. hotel industry experts said the Federal Reserve's lowering of the federal funds rate by 25 basis points won't provide much relief to hotel owners, and the lowered projected number of rate cuts in 2025 is a cause for concern.
CoStar World News for Dec. 19Investment firm to acquire Malaysian hotels; Landsec buys big stake in UK retail center; Venture purchases French student housing portfolio
Hyatt reestablishes Las Vegas footprint with Venetian partnershipHyatt will add Las Vegas resorts The Venetian and The Palazzo to its various booking platforms and its World of Hyatt loyalty platform as it seeks to reestablish a foothold on the Las Vegas Strip.