Global hotel CEOs mute dire prognostications in Europe, citing continued opportunities and growth potential
European hoteliers anticipate return of transactions, Chinese travelers
BERLIN — Current geopolitical problems are causing some disruption to the international travel market, but hotel industry experts during the second day of the International Hospita...
Geopolitical uncertainty leads European hotel industry to rethink travel expectations
Trade wars, aggressive posturing drive the divide
BERLIN — The political rhetoric emanating from the U.S. is stirring some uncertainty abroad.
Mayflower Hotel's century-long run builds on its history, connection with guests
Anniversary celebrations highlight Washington hotel's past for modern travelers
After 100 years, the Mayflower Hotel, Autograph Collection, continues to be an icon among Washington, D.C., hotels with a storied political history and guests long-devoted to the p...
US hoteliers have mixed expectations for summer demand
Shorter booking window pairs with worries over international inbound, government travel
As U.S. hoteliers look ahead to the coming summer months, their outlook is tied to an industry saying: It depends on the market — and the hotel.
Schneider Electric retains jobs and adds sustainability elements through lease expansion
Lease of the year for El Paso
After more than two years of weighing its options, Schneider Electric was able to expand the lease it held in Northwest El Paso with landlord Stag Industrial for a total of more th...
$84 million redevelopment of historic buildings brings 172 upscale apartments to Cincinnati
Redevelopment of the Year for Cincinnati/Dayton, Ohio
The $84 million redevelopment of two historic buildings in Cincinnati into the Mercantile Apartments is part of a broader overall trend in the city. The project by The Model Group ...
Calvary Chapel Greater Portland finds new home in former Westbrook call center
Lease of the year for Portland/South Portland, Maine
The leasing of a former call center by a church was a bright spot in an otherwise soft Westbrook, Maine, suburban market. Calvary Chapel Greater Portland’s leasing of nearly 22,000...
Custom warehouse built on former driving range fills hole in tight Maine industrial market
Commercial development of the year for Portland/South Portland, Maine
Northland Enterprises custom-built a 49,000-square-foot warehouse in Saco, Maine, for local packaging company Pack Edge. The project earned a 2025 CoStar Impact Award for commercia...
Schneider Electric expansion in Fairfield brings 250 jobs to Cincinnati area
Lease of the year for Cincinnati/Dayton, Ohio
Schneider Electric signed a lease for 456,000 square feet at an under-construction industrial project in Fairfield, Ohio, expanding its presence and adding 250 jobs in the area.
Maine Public Broadcasting buys iconic building for Portland recording studio
Acquisition of the year for Portland/South Portland, Maine
After a decade-long search for a modern facility, Maine Public Broadcasting bought the former Portland Public Market, giving it a new space for studios, production facilities and p...
Gold Medal Products expands manufacturing presence in Cincinnati with warehouse deal
Sale/acquisition of the year for Cincinnati/Dayton, Ohio
Gold Medal Products' acquisition of the former Heidelberg Distributing Co. facility in Cincinnati for nearly $14 million was a significant expansion of the company’s manufacturing ...
The Everly at Rouzan brings high-end housing to Baton Rouge's Southdowns neighborhood
Multifamily Development of the Year for Baton Rouge, Louisiana
The addition of the Everly at Rouzan brings in 277 high-end apartment units to the master-planned community in Baton Rouge’s Southdowns neighborhood. For its role as a transformati...
5 things to know for March 21
Today's headlines: Fire shuts down Heathrow Airport; Countries issue travel advisories for trips to US; Hotel industry prepares for tariffs; US hotel performance for February 2025; Inflation slows in Japan
Editor's Note: Some linked articles may be behind subscription paywalls.
Remember what makes hospitality great
Don't make the same old mistakes with employees if there's economic trouble
If you've been paying attention to the news recently, and this week in particular, you're aware that the economic outlook isn't as rosy as it was a few months ago.
US tariff policies force hoteliers to put procurement contingencies in place
Costs expected to rise in hotel furniture and fixtures, food and beverage
At a time when U.S. hotel companies are carefully watching their profit margins, the introduction of tariffs on goods from China, Canada and Mexico further complicate their budgeti...
Gencom buys Ritz-Carlton, Courtyard hotels in New Orleans
Investment firm sees Big Easy as compelling market for luxury hospitality
Investment firm Gencom bought the Ritz-Carlton, New Orleans and Courtyard by Marriott New Orleans French Quarter/Iberville, adding to the company’s presence in the market.
5 things to know for March 20
Today's headlines: Fed holds rates steady, lowers economic outlook; Hotel Equities partners with Pinnacle Hotel Group; Office market expected to rebound; US weekly jobless claims rise slightly; 'Buy Canadian' movement gains ground
Editor's Note: Some linked articles may be behind subscription paywalls.
Fed holds interest rates steady, lowers economic growth projection for 2025
Hotel industry experts say uncertainty could translate to consumer pullback
The Federal Open Market Committee’s decision to hold interest rates steady and lower its gross domestic product projections for 2025 signal a bumpier road ahead than many hoped.
5 things to know for March 19
Today's headlines: Hotel execs say show must go on despite economic concerns; Illinois legislature considers new 'junk fee' bill; Fed expected to keep interest rates steady; Inflation cools in Eurozone but rises in Canada; Another winter storm hits Plains, Midwest
Editor's Note: Some linked articles may be behind subscription paywalls.
RREAF Holdings, Phillip McNeill Sr. launch extended stay-focused joint venture
MxR Hospitality will operate owned portfolio as well as third-party manage hotels
RREAF Holdings and hospitality investor Phillip McNeill Sr. have created a joint venture, MxR Hospitality, focused on the development and management of extended-stay hotels.