Hospitality

Sweetening the deal: Even after raising wages, hotels still can’t land enough workers

It's not easy finding workers today. And that's especially true in the hospitality industry, where a new survey finds that nearly all hotels are struggling…

CBRE arranges sale of 149-room Courtyard by Marriott Hotel in Glenview

CBRE has arranged the sale of the Courtyard by Marriott in Glenview, a suburb of Chicago. First GLV, LLC sold the 149-room property to Myat Thida…

Kraus-Anderson begins five-phase expansion and renovation at South Dakota hospital

The North Dakota office of Kraus-Anderson has begun a five-phase, 94,900-square-foot expansion and renovation at Mobridge Regional Hospital and Clinics, a rural health organization headquartered…

Hotel Versailles opens in Ohio community

Opened May 25, the newly built Hotel Versailles is a new luxury hotel in the heart of downtown Versailles, Ohio. With a “heritage meets hospitality”…

The Plymouth trades hands for $16.8 million

Essex Realty Group, Inc. facilitated the sale of The Plymouth in the heart of Chicago’s Loop. Located at 417 South Dearborn St., the Plymouth features…

Two Hilton hotels scheduled to open in Toledo

As downtown Toledo becomes one of the nation’s best rebound city stories, the brand-new Hiltons at Toledo Downtown are set to open two brands, a…

Come back business travelers! Hotel recovery still a sluggish one

The hotel industry is slowly recovering from the shots it's taken during the COVID-19 pandemic. Unfortunately, the key word here is "slowly."

North Austin hotel secures acquisition financing

JLL Capital Markets has arranged acquisition financing for La Quinta Inn & Suites by Wyndham, a 75-key hotel in Cedar Park, Texas. JLL worked on…

Green Street, Midas Enterprises developing $100 million mixed-use project in St. Louis market

Green Street Real Estate Ventures is teaming with Midas Enterprises on a joint-venture partnership to redevelop the intersection of Forsyth Boulevard and North Central Avenue…

Hotels move toward recovery, thanks to the rise of the “new” traveler

Stats are predicted to improve for the hospitality industry in 2022, but the road to recovery will be rocky, and a full recovery is still…

Hospitality

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