Where are the workers? Hotels still struggling with staffing shortages
The pandemic continues to hit the hospitality industry hard, with nearly all hotels across the country now struggling with staffing shortages.
Hospitality
citizenM opens first Chicago hotel in the heart of Downtown
citizenM — the pioneer of affordable luxury hotels — is set to open its first property in Downtown Chicago on September 21. The newly-constructed hotel,…
Clayton to get first new hotel in more than 20 years
The city of Clayton, Missouri, hasn’t seen a new hotel open in more than 20 years. Now the team of Concord Hospitality, Homebase Partners, Koplar…
Marcus & Millichap sells 76-room hotel in Indiana
Marcus & Millichap closed the sale of Best Western Plus Warsaw, a 76-room hospitality property located in Warsaw, Indiana. Ebrahim Valliani, first vice president, and…
Hospitality on the come up?
Hospitality has been slower to rebound after COVID-19. But now? The sector appears to be gaining new life as restrictions continue to lift and people…
Sam Moon Group unveils plans for JW Marriott in Dallas Arts District
Located one block from the Dallas Museum of Art, Nasher Sculpture Center and Crow Museum of Asian Arts, 800 North Harwood Street in downtown Dallas…
HREC Investment Advisors sells 56-room Holiday Inn in Missouri
HREC Investment Advisors has arranged the sale of the 56-room Holiday Inn Express Boonvillein Boonville, Missouri. The property was acquired by Neal2 LLC. HREC Investment…
Marcus & Millichap brokers $19.2 million sale of three-hotel portfolio in Chicago’s western suburbs
Marcus & Millichap has brokered the $19.2 million sale of a three-hotel portfolio in Chicago’s western suburbs comprising 262 rooms. The properties included two in…
Closer to normalcy? Hotel rooms are filling up faster
Getting ever closer to normal. That's happening today in the hospitality industry according to the Midyear State of the Industry Report from the American Hotel…
Newmark closes $72 million refinance loan for 917-room hotel in St. Louis
Newmark has arranged a $72 million loan to facilitate the refinance of the Marriott St. Louis Grand, a 917-key hotel featuring 77,000 square feet of…