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Extended-Stay Hotels on the Rise in Manhattan

Extended-Stay Hotels on the Rise in Manhattan

Extended-stay hotels are on the rise in Manhattan. According to this article from The New York Times, fundamental changes in hiring practices are having a major influence on the uptick in supply. As corporations outsource, cut back, and downsize, the ...

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Landmark Allerton Hotel in Chicago Under New Ownership

Landmark Allerton Hotel in Chicago Under New Ownership

Warwick International Hotels, a Paris-based hotel chain, has acquired the landmark Allerton Hotel on North Michigan Avenue in Chicago. According to Chicago Business, Warwick acquired the 443-room hotel from New York-based hedge fund manager Petra Capital Management LLC, which won ...

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