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Hotel Rates Spike for World Series

Shane Victorino’s grand slam play the propelled the Red Sox into the World Series caused a wave of excitement in Boston. And as hotels in the city prepare to host droves of baseball fans, rates for Wednesday and Thursday nights ...

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D.C. Hotels Lost $2 Million in Revenue During Shutdown

The long-term effects of the recent 16-day government shutdown are still uncertain, but Washington, D.C., hotels experienced some dramatic hits in revenue while the federal government was out of work. According to this article from the Washington Post, hotels in ...

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Caesars Drops Gansevoort from Las Vegas Project

Caesars Drops Gansevoort from Las Vegas Project

In March, we told you that Caesars and Gansevoort had teamed up to take over the redevelopment of the former Bill’s Gamblin’ Hall and Saloon in Las Vegas. The multimillion project was going to be the fourth installment for the ...

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MCR Development Acquires 26 Marriott and Hilton Hotels

NEW YORK—MCR Development LLC announced that it has acquired 26 Marriott and Hilton hotels from Western International for $430 Million. MCR will own and manage all 26 hotels, each of which will continue to operate under its respective Marriott or ...

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