While the hotel sector has been hit hard by the pandemic, lenders haven’t been in a rush to take back assets...

U.S. hotel occupancy in the week ended January 23 stayed flat week over week but fell 30.6% on a yearly basis to 40.0% amid the pandemic, according to...

America’s renters have racked up a whopping $70 billion in unpaid rent during the pandemic-induced economic slump. In one of his first moves as the new leader...

The company updated the appraisal for the Renaissance Chicago O’Hare from $21,600,000 to $14,000,000 following the receipt of a new appraisal...

The effects of the coronavirus pandemic continued to weigh on U.S. hotel performance for the week ended January 9, with revenue per available room...

The owner of the Hilton Hotel in Times Square has given the keys to the hotel back to its mortgage holder...

On December 28, 2020, Hospitality Investors Trust, Inc. (“the Company”) filed an 8-K with the SEC describing an amendment to the...

Investors have stashed away billions of dollars to buy hotel properties hurt by the economic chaos caused by the coronavirus. But...

An estimated $126 billion in commercial real estate will be forced to sell at distressed prices through 2022, more than the first two years after...