Tag Archives: hospitality

Disneyland announces plans to expand in California

The Walt Disney Co. is calling the main location of a planned expansion an “immersive theme park,” but rather than being a park in itself, the plan looks to potentially expand existing theme parks Disneyland and California Adventure. According to …

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Virgin Hotels opens after $200M makeover

The former Hard Rock Hotel in Las Vegas has had a $200 million makeover and is ready for its beauty shot as Virgin Hotels Las Vegas. The hotel and casino, under the control of the Mohegan Tribe, will open when …

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Iconic Mallorca, Spain, hotel will become Four Seasons

The former Hotel Formentor in Mallorca, Spain, a magnet for royalty and other notables for nearly a century, will be reopened in 2023 as a Four Seasons property. Ernin Capitol bought the historic property on the bay of Pollanca from …

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London airport will add high-end boutique hotel

Groundbreaking was held for The Landing, a luxury boutique hotel at London’s Biggin Hill Airport that will feature a full range of amenities along with its 56 rooms. A 2022 completion is scheduled for the property, which is geared to …

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Some hotels could see faster recovery

Hotels experienced a sharp and sudden downturn last year amid the pandemic, but there is reason to be optimistic about a rebound, experts say. CBRE says that a full recovery might not come until 2025, but certain properties—including resorts in drive-to …

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$143M project at Arizona casino will add hotel tower

A 150-foot hotel tower set to open in the fall will add 205 guest rooms to Wild Horse Pass Hotel & Casino on the Gila River Indian Community land near Chandler, Arizona. The $143 million construction project also will feature …

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98-story tower will house Waldorf Astoria Miami

Rising 1,049 feet and 98 stories into the south Florida sky, the new Waldorf Astoria Miami will become Miami’s first supertall tower and the tallest tower south of Manhattan. Read the Building Design + Construction story here

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Brandywine Realty to develop mixed-use project at University of Maryland

Brandywine Realty Trust has been tapped to develop a mixed-use project within the University of Maryland‘s Discovery District. The 5-acre development will cost at least $300 million and consist of office, retail and residential units. Read the Commercial Property Executive …

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$320B in distressed assets could reach market in coming years

CoStar expects that about $320 billion in distressed assets could reach the market during the next five years, with about $28 billion in retail assets hitting the market this year and next. So far, the number of distressed properties on …

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Cornell NYC site awaits 29th Graduate hotel

Graduate Hotels’ 29th property will be the first hotel on New York City’s Roosevelt Island when it opens in June at the entrance to the Cornell Tech campus.  Read the CNN story here

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