Big Oakland hotel flops into loan default
The Oakland Marriott City Center hotel next to the East Bay city’s convention center is in default on its loan, documents ...
Hotel billionaire flies high, buying out Sydney Seaplanes
Hotel billionaire Jerry Schwartz is flying high, buying majority control of Sydney Seaplanes from former owners Aaron Shaw ...
Real Estate
The Oakland Marriott City Center hotel next to the East Bay city’s convention center is in default on its loan, documents ...
Plan for 90-room hotel at Syracuse hospital is dead, but a new project is in the works
Plans to build a 90-room hotel at St. Joseph’s Hospital are dead after a lender pulled out, but the project’s developer says ...
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Saurav Puri joins as multi-property general manager
Dubai, United Arab Emirates - The St. Regis Downtown Dubai, Delta Hotels by Marriott, Dubai Investment Park, and Marriott ...
Oakland Marriott City Center hotel defaults on $100 million loan
The Oakland Marriott City Center, located at 1001 Broadway, has defaulted on a $100 million loan. The 500-room hotel is ...
Marriott's Brands Remain in Favor Amid Continued Travel Demand
As a result of covid, Marriott's 2020 revPAR declined 60% and 2021 revPAR reached just 64% of 2019 levels. Then 2022 revPAR reached mid-90% of 2019 levels as travel demand broadened to business and ...
ITC Hotels set for growth: Jefferies initiates with ‘buy’, sets target at ₹240, a potential upside of 40%
Jefferies has initiated coverage on ITC Hotels with a ’Buy’ rating and a target price of ₹240, anticipating a 40% upside. The ...
Pattaya Mail1d
Thailand elevates LGBTQ+ tourism with ‘Amazing Thailand Out There’ series
BANGKOK, Thailand – The Tourism Authority of Thailand (TAT) staged the Amazing Thailand Out There event yesterday in Bangkok, ...
Milwaukee has more hotels coming after RNC. But Hilton is cutting rooms and Marriott is in Chapter 11
The RNC and expanded Baird Center help hotels. But the Hilton is reducing its rooms, and the Marriott is reorganizing its finances under bankruptcy.
Marriott International Inc. stock underperforms Tuesday when compared to competitors
Shares of Marriott International Inc. slipped 5.40% to $288.00 Tuesday, on what proved to be an all-around positive trading ...
Marriott International Stock Falls After Profit Drop
Marriott International's shares fell 4.7% after the hotel operator said profit fell in the fourth quarter and guidance for the current quarter fell short of expectations. In the first quarter, ...