Romy Bhojwani

Hotels are evolving into a preferred asset class for investors based on transaction volume trends across other commercial real estate asset classes. Specifically, hotel sales volume growth has ...

The Boston Marathon is considered a unicorn among distance running races globally and the oldest marathon in the world. Runners are required to qualify for the race by meeting time standards for ...

The Meet the Money conference hosted by Jeffer Mangels Butler & Mitchell LLP, was held in Los Angeles May 1-3 after a three-year pause. As usual, the conference was packed with high-quality content ...

The Democratic National Convention announced this week it is returning to the Midwest for its 2024 convention, selecting Chicago in a move that, if history holds, could give the city's hospitality ...

The New York Hotel and Gaming Trades Council confirmed it has reached a deal with hotel owners and operators that will boost the wages of hospitality workers by $7.50 an hour, or approximately 35%, ...

Washington, D.C.’s hotel market recovery has lagged throughout the pandemic compared to other urban markets. According to data from STR, CoStar’s hotel analytics firm, the Washington area was the ...

The race has begun to see which of the seven bids for casino licenses in the New York City region will be chosen.

The U.S. lodging industry fully recovered and exceeded pre-pandemic revenue levels in 2022. Per STR, Costar’s hospitality data analytics company, total U.S. revenue per available room, or RevPAR, ...

The State of the Union address last week directly referred to resort fees as surprise fees that are tacked on to hotel bills. It was also noted that these fees can cost guests up to $90 a night at ...

After being decimated by the plunge in business and group travel in 2020 and 2021, the hospitality industry has demonstrated a strong recovery and record profitability as it recovers from the ...

U.S. Gross Domestic Product and hotel demand are strongly correlated. Based on data from 1990 through 2019, changes in demand for hotel rooms year over year have mirrored changes in the GDP, a ...

Nashville, Tennessee’s hotel transactions market is achieving new highs in both total sales volume as well as property values. This year through November, total transaction volume exceeded $1.3 ...

New York City’s hotel operating fundamentals continue to post strong recovery this fall, with September and October revenue per available room —an industry standard metric of hotel performance — ...

Office use in major cities across the United States has steadily increased since the beginning of the year. However, remote and hybrid work policies are keeping midweek business travel demand from ...

Like all commercial property sectors, the lodging capital markets have been reeling from the rapid-fire series of interest rate hikes. The Federal Reserve has raised interest rates five times this ...

Milwaukee is slated to host the Republican National Convention in 2024, a headlining political event that promises to bring in $200 million in economic impact and more than 60,000 people between the ...

More than five years after the project was announced, the Aman New York opened August 2. The ultra-luxury city hotel, located at 730 Fifth Ave., joins the Amangani in Wyoming and Amangiri in Utah as ...

Hotels in major urban areas were the hardest hit and slowest to recover from the pandemic. They are finally making a comeback as urban markets have fully reopened and demand for hotel accommodations ...

For most areas in downtown Chicago, the precipitous drop in office occupancy is devastating to more than just the office landlords. Fewer downtown workers equal less demand for retail tenants and for ...

Despite the delayed recovery of the Washington, D.C., hospitality market, the pace and volume of hotel transactions has picked up in the district as hotel operating fundamentals continue to improve, ...