Thayer Lodging Group, a Brookfield subsidiary, is welling the Diplomat Beach Resort in Hollywood, Fla.
The casino operator plans to boost profit by $300 million a year through savings on labor and better supplies sourcing.
A U.S. District judge granted a request for an injunction against the city ordinance to turn over the names and addresses of Airbnb renters.
Wynn Resorts is suing Genting Group for allegedly copying the design of Wynn Las Vegas.
Full-service properties may offer higher yields, but select-service hotels are less expensive to operate.