News and Events
Harrah’s Las Vegas Tops 2017’s US Single-Asset Sales
Date: 01/09/2018  •  Publication: Hotel News Now  •  View the article
Totalling approximately $13.6 billion and 51,000 hotel rooms, the U.S. hotel sector in 2017 witnessed 182 single-asset deals, nine more than in 2016 and led by the $1.14 billion sale of the 2,530-room Harrah’s Las Vegas Hotel & Casino, Las Vegas, according to LW Hospitality Advisors’ 2017 Major U.S. Hotel Sales Survey. Read More >
The Worst Is Over For New York City’s Rock-Solid Hotel Market
Date: 01/08/2018  •  Publication: Bisnow  •  Author: Ethan Rothstein  •  View the article
New York City is still in the midst of an ongoing hotel supply boom that will continue until the end of the decade, but as thousands more rooms open every year, hotel owners are taking comfort in an enduring truth: Their buildings are just as full as they were before the construction wave hit.