A sluggish summer: Hotel operators shouldn’t plan on many “No-Vacancy” days this year
Will Americans hit the road this summer, even as the country deals with a COVID-19 pandemic that is showing few signs of slowing? Some will,…
hotels
Midas Hospitality opens Aloft hotel in St. Louis
Midas Hospitality recently opened the St. Louis region’s first Aloft hotel in the heart of the 200-acre Cortex Innovation Community in St. Louis. The Aloft…
An impact nine times worse than 9/11? That’s what the hotel industry is facing
COVID-19 has thrown the commercial real estate industry into turmoil. But there's one sector that the virus devastated almost immediately, hotels.
CBRE report: AirBNB, VRBO rentals will impact hotel markets in 2020
Hotel owners have reason to worry about the continued growth of services such as AirBNB and VRBO. Short-term vacation rentals will remain popular in 2020,…
Here come the hotels: A surge in guest rooms another sign of Detroit’s rebirth
Hotels are opening in downtown Detroit again. And that is a sure sign that the center of this city is in the middle of a…
CBRE sells pair of hotels near University of Iowa
CBRE closed the sale of a 62-room Comfort Inn & Suites and a 55-room Quality Inn, both in Coralville, Iowa.
CBRE sells 83-room hotel in Cedar Rapids
CBRE Hotels recently arranged the sale of the 83-room Holiday Inn Express South located at Interstate-380 at 33rd Avenue in Cedar Rapids, Iowa.