Capital Square, a Virginia-based national real estate investment firm specializing in tax-advantaged offerings, has acquired a 99-year, unsubordinated ground lease beneath a newly renovated, luxury hotel in North Texas.
AUSTIN, Texas — For the second time this year, members of the Hospitality Asset Managers Association ranked demand as their top concern in the association's biannual survey.
The real estate industry is undergoing radical change across its entire value chain. Whether willingly or unwillingly. Over and above the economic crisis that the sector is going through - and it's a violent one - we can see that the business models that have flourished for several decades are being challenged. Challenged by the climate transition, which is forcing us to decarbonize our assets. Challenged by changing uses, which are reexamining the added value of office, retail and warehouse space. Challenged by the big bang of values, which are fracturing into "prime" assets that are being snapped up and others that are being abandoned.
U.S. hotel revenue per available room dropped 0.7% in the week of Aug. 31 to Sept. 6. This was RevPAR’s 19th weekly drop this year and 12th in the past 16 weeks.
The U.S. Open Tennis Championships comes to Queens, New York, once a year, providing hoteliers in the greater New York City market with an annual shot to ace the end of the summer.
The Miami metropolitan area has thousands of multifamily units under construction, many of them with short-term rental flexibility, and that makes the city one of Airbnb’s favorite markets, said Jesse Stein, the company’s global head of real estate.
The U.S. hotel industry is made up of 691 submarkets. Each month some of the submarkets gain revenue per available room, or RevPAR, compared to the same month in the prior year. In a healthy environment, the ratio of submarkets gaining revenue is higher than the percentage of submarkets losing ground.
Real estate investment trust LondonMetric Property has acquired five hotels for £44.4 million ($60 million) as part of a larger United Kingdom property acquisition deal.
NASHVILLE, Tennessee — Nearly a year after hospitality management companies PM Hotel Group and Sightline Hospitality formed a strategic merger under the PM Hotel Group name, the combined company is now a premier player in the lifestyle luxury space.
Two Southeast U.S. hotel markets are expected to see performance gains during the 2026 FIFA World Cup from June 11 to July 19, according to a CoStar forecast.
Dominus, a UK-based real estate developer, owner and operator, has submitted plans for the refurbishment of a telephone exchange in London’s Camden to create a new high-end hotel.
Oh, to be a luxury consumer — staying at the Four Seasons, shopping at Louis Vuitton, eating at restaurants with more Michelin stars than the number of ex-husbands per Real Housewife.
The first-born of a family adventure, the Hôtel Massé has just opened at 32 bis, rue Victor-Massé, in Paris's 9th arrondissement. The 4-star establishment offers 40 rooms and an independent bar-restaurant, Le Trente Paris, in a Haussmann building renovated by the Olivier Guyot studio. Interior design was entrusted to Gasparetto Parenti, a young agency created in 2018, which has imagined a minimalist yet refined decor.
LondonMetric Property has bought £78.5 million of triple net lease assets in five transactions, reflecting a net initial yield of 5.5% which it expects to increase to 6.3% over five years.