Greg Dillon, long-time Hilton executive, close confidant of Barron Hilton and legend in the hotel real estate industry, died Wednesday at his home in Los Angeles at age 86...

Staff report from Lodging Hospitality

A dismal performance for the U.S. economy in the fourth quarter of 2008 led to a weak showing for the nation’s top 25 hotel markets, according to Smith Travel Research, providing further evidence that the recession is taking a toll on the...

With erratic interest-rate spreads and flatlining issuance volume, the CMBS market is fading fast. Is investor confidence the antidote?

In the dead of January under gray skies and gloomy headlines, savvy hotel investors see a glimmer of light off in the not-too-distant future. The growing consensus among hotel experts is that in the third or fourth quarter, the wrappings will come...

In a fresh sign of weakness in the hotel sector, the number of guest rooms abandoned in the construction pipeline rose 75% in November, compared with the same period a year ago, according to Smith Travel Research. A hotel project is deemed...

The capital markets meltdown and plunging economy have conspired to kill the most prolific casino hotel expansion ever. Struggling with liquidity concerns and plummeting earnings, gaming and lodging companies are halting projects midway through...

The capital markets meltdown and plunging economy have conspired to kill the most prolific casino hotel expansion ever. Struggling with liquidity concerns and plummeting earnings, gaming and lodging companies are halting projects midway through...

The coming year is shaping up to be a dark hour for the lodging industry. In 2002, in the aftermath of the terrorist attacks on 9/11, average hotel occupancy in the United States fell to 59%, the lowest level since Smith Travel Research started...

Developers are adding to the global supply of hotel rooms at an astonishing pace even as per-room revenue and occupancy rates decline for most of the world...