Hospitality

Hospitality real estate news and analysis covering the full spectrum of the industry—from hotels and resorts to casinos, restaurants and convention centers. With sharp insights on market trends, investment strategies, and emerging opportunities, Commercial Observer is the definitive resource for CRE professionals tracking the shifts reshaping hospitality’s global footprint.

Steve Cohen and a rendering of the proposed Hard Rock casino project.
Casinos · Development
New York City

It’s Official: New York City’s Getting Three Casinos

By Larry Getlen
Peachtree Group's Adam Greene (top) and Jared Schlosser (bottom), and a rendering of a planned Homewood Suites by Hilton in Sugar Mountain, N.C.
Hotel/Resort · Finance
North Carolina

Peachtree Supplies $28M EB-5-Backed Construction Loan for North Carolina Hotel

By Andrew Coen
Michael Dell of BDT & MSD Partners and The Boca Raton.
Hospitality · Finance
Florida

Michael Dell’s Firm Refis South Florida Resort With $1.15B

By Julia Echikson
Cardinal Timothy Dolan and 455 Madison Avenue.
Hospitality · Investments & Sales
New York City

Catholic Church Sells 455 Madison Ground Lease to Pay Victims of Clergy Abuse

By Mark Hallum
Josh Zegen. 1110 Porter Street, Nashville, TN.
Hotel/Resort · Finance
Tennessee

KSL, Madison Realty Capital Deploy $400M for Nashville Hotel-Condo Project

By Andrew Coen
Gencom’s Karim Alibhai (top), Highgate's Mahmood Khimji (bottom), and the InterContinental New York Times Square.
Hotel/Resort · Finance
New York City

InterContinental New York Times Square Hotel Sold for $230M

By Larry Getlen
Meridian Capital Group's James Famularo (top) and Cole Kleppinger (bottom), 271 Fifth Avenue.
Restaurants · Leases
New York City

Boston-Based Udon Restaurant to Open First NYC Eatery in NoMad

By Isabelle Durso
Stan Kroenke and a rendering of the Kali Hotel at Hollywood Park in Inglewood, Calif.
Hotel/Resort · Finance
California

Bank of America Lends $195M for 300-Key Hollywood Park Hotel Development

By Nick Trombola
Bob Graziano and a rendering of One Beverly Hills in Southern California.
Multifamily · Players
California

Former L.A. Dodgers, JP Morgan Chase Exec Joins One Beverly Hills Leadership

By Nick Trombola
Taconic Capital co-founder Frank Brosens and 11-01 43rd Avenue, Queens.
Hotel/Resort · Investments & Sales
New York City

Taconic Capital Sells LIC Hotel Site to Palette Hotels for $26M

By Isabelle Durso
Blackstone's Nadeem Meghji and Aria Resort & Casino in Las Vegas' CityCenter.
Hotel/Resort · Capital Markets
Nevada

Blackstone Secures $800M Investment From Realty Income Corp. for Las Vegas Portfolio

By Brian Pascus
Lee & Associates' Catherine O’Toole (top), Stephanie Moore (center) and David Scher (bottom), and 18 West 39th Street.
Restaurants · Leases
New York City

Thai Villa Group Set to Open New Japanese Restaurant Near Bryant Park

By Isabelle Durso
Jonathan Daniel of Knighthead Funding and the Stamford Marriott Hotel in Stamford, Conn.
Hotel/Resort · Finance
Connecticut

Knighthead Lends $48M for Acquisition, Partial Resi Conversion of Stamford Marriott

By Andrew Coen
Renderings of Bally's Bronx (left), Hard Rock Hotel & Casino Metropolitan Park (top right), and Resorts World New York City (bottom right).
Hospitality · Policy
New York City

New York City Set to Get Three New Casinos

By Mark Hallum
Image of cobwebs over an apartment building door.
Hotel/Resort · Leases
National

Sonder’s Short-Term Rentals Business Failed for Very Specific Reasons

By Mike Seemuth
Industry City's Jeff Fein and Union Square Events commissary kitchen at Industry City in Brooklyn.
Restaurants · Leases
New York City

Union Square Events Expands to 82K SF at Industry City

By Mark Hallum
Meridian Capital's Noam Aziz (top), Joshua Vilinsky (center), and Carson Shahrabani (bottom), and 167 East 33rd Street.
Restaurants · Leases
New York City

Malii Thai Restaurant to Open at 167 East 33rd Street in Midtown East

By Isabelle Durso