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Global hotel commercial real estate news, insights, trends including resorts, lodging, casino hotels, acquisitions, disposals and openings.

Pebblebrook Hotel Trust to sell historic hotel in Nashville for $56m

Pebblebrook Hotel Trust to sell historic landmark hotel in Nashville for $56m

Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), has agreed to sell Union Station Hotel Nashville, Autograph Collection in...
Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.

U.S. hotel industry reported unprecedented lows during April 2020, says STR

Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.
International tourist numbers could fall 60-80% in 2020, UNWTO says

International tourist numbers could fall 60-80% in 2020, UNWTO says

International tourist arrivals fell by 22 percent in the first quarter of 2020 due to COVID-19 pandemic crisis, according to the latest...
Marriott raises $920m in cash through amended agreements with Chase and Amex

Marriott raises $920m in cash through amended agreements with Chase and Amex

Marriott International, Inc. has signed amendments to its existing co-brand credit card agreements with JPMorgan Chase & Co. and American Express.
Twin River to acquire two Eldorado casinos for $155m

Twin River to acquire two Eldorado casinos for $155m

Twin River Worldwide Holdings, Inc. (Twin River) has entered into an agreement with Eldorado Resorts, Inc. (Eldorado) to acquire Eldorado Shreveport Resort...
Caesars, VICI to sell Bally's Atlantic City for $25m

Caesars, VICI to sell Bally’s Atlantic City for $25m

Caesars Entertainment and VICI Properties have reached an agreement to sell the Bally’s Atlantic City Hotel & Casino to Twin River Worldwide...
Dalata sells hotel in Dublin for €65m

Dalata sells hotel in Dublin for €65m

Dalata Hotel Group plc (Dalata) has agreed the sale and leaseback of its Clayton Hotel Charlemont in Dublin, Ireland, to Deka Immobilien (Deka) for €65 million....
Singapore's GuocoLand to sell hotel in Shanghai

Singapore’s GuocoLand to sell hotel in Shanghai

Singapore-based real estate company GuocoLand Limited (GuocoLand), listed on the Singapore Exchange Securities Trading Limited, announced that its wholly-owned subsidiary, Shanghai Xinhaolong...
PPHE Hotel Group secures £180m for London hotel development

PPHE Hotel Group secures £180m for London hotel development

PPHE Hotel Group has entered into a syndicated facility agreement arranged by Bank Hapoalim B.M. for a facility of up to £180 million...
Service Properties Trust announces efforts to mitigate COVID-19 impact

Service Properties Trust announces efforts to mitigate COVID-19 impact

Service Properties Trust (Nasdaq: SVC) announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy...

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