King County had been considering buying the Econo Lodge for some time, potentially as a location for isolating people with hepatitis A, measles and tuberculosis.
Multiple corporate events have been cancelled to prevent the spread of the coronavirus. The U.S. hotel sector will bear the impact.
There have been no hotels sold in New York City in the three months through January, according to Real Capital Analytics
Hilton has agreed to operate three hotels that will be part of Genting Group’s Resorts World Las Vegas.
Strong demand for rooms and steady industry metrics are outweighing new recession fears for hospitality builders.
A Phoenix entrepreneur is behind the idea for a change of game-themed hotels across the country.
The 120-year-old building will re-open officially as a 181-room hotel.