Hotel

Limited-service hotels tend to be cheaper to build, without the cost of developing and maintaining a commercial kitchen and dining area. 

...

The buyer is a venture among funds managed by Trinity Investments LLC and Oaktree Capital Management LP, Marriott said in a statement Monday.

New construction is hurting the hotel business in markets across the country...

(Bloomberg)—Donald Trump’s new Washington hotel, located just blocks from the White House, owes electricians, wood workers and a plumbing and heating business more than $5 million for unpaid labor, according to liens filed against the...

Airbnb’s decision early this month to settle its lawsuit against New York City means that Airbnb hosts can now be fined up to $7,500 for renting out a whole apartment there for less than 30 days at a time...

The lodging sector is coming off years of success, in which both occupancy and revenue per available room (RevPAR) have grown across the board. But recent economic trends are beginning to challenge the industry’s ability to maintain previous rate...