TF Cornerstone and MSD Partners LP intend to replace the Grand Hyatt building in Midtown East with a two million square foot mixed use tower which would house retail, office and a new Hyatt hotel. Developed by Donald Trump in … Continue reading →
According to a new study by McGill University, Airbnb hosts in Canada’s three largest cities earned a total of $430 million in 2016, a 55 percent increase from 2015. The top ten percent of hosts earned a majority of the … Continue reading →
UK-based easyHotel plans to expand into Iran and Sri Lanka with 500 rooms and 200 rooms respectively, according to Business Every free viagra no prescription hop over to this link married couples dream about happy married life. An amino acid … Continue reading →
MGM National Harbor, which opened just outside of Washington DC last December, topped $50 million in monthly revenue for three of the past four months, according to CalvinAyre.com. The $1.4 billion property generated about $51.2 million in March, $50.5 million … Continue reading →
Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →
Trump Hotels has announced a new hotel line called Scion. In a press release, the company describes the Scion brand as “a multi-faceted lifestyle brand developed in response to the boom in social clubs and the “we” economy.” The first … Continue reading →
New York State has enacted a law authorizing fines of up to $7,500 for short-term apartment rentals (fewer than 30 days) when the owner or tenant is not present. The law targets Airbnb which, as of August 2016, had 45,000 … Continue reading →
Shareholders of both Marriott International and Starwood Hotels & Resorts Worldwide Inc. have approved Marriott’s $14.41 billion acquisition of Starwood, according to The Washington Post. Starwood stockholders will receive 0.8 shares of Marriott common stock at closing plus $21.00 in … Continue reading →
Hong Kong Disneyland will spend US$550 million to build a 750-room hotel, increasing the total number of hotel rooms at the resort by 75 percent. The “exotic locations” themed hotel is expected to open in 2017. The are currently two … Continue reading →
In a 5 to 2 vote, the Maryland Video Lottery Facility Location Commission awarded MGM Resorts International the state’s sixth and final casino license to build a $925 million casino resort at National Harbor in Prince George’s County, MD – … Continue reading →