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Colorado Hotels Sue Over Aurora Development Project

Eight hotels in Colorado have filed a lawsuit against the Colorado Economic Development Commission, according to this article from The Gazette. The Economic Development Commission is planning to use $81.4 million in tax incentives for a new hotel and convention ...

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Hotel Rates Up in North Texas

Rates in the Dallas-Fort Worth area of Texas are edging upwards, according to a study by Hotels.com. The Dallas Morning News is reporting that hotels in nine of 15 North Texas cities saw an increase in the first half of ...

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Universal Orlando Looking to Add Thousands of Hotel Rooms

Universal Orlando Looking to Add Thousands of Hotel Rooms

NBCUniversal President and Chief Executive Officer Steve Burke told investment analysts that Universal Orlando hopes to add thousands of hotel rooms in the next couple of years—stating that the growing amusement resort could add 10,000 or 15,000 rooms and still ...

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Private Equity Firms Are Big Buyers in Lodging Industry

Blackstone, Apollo, Starwood Capital, and Oaktree have acquired a serious number of hotels. That’s not something we’re unaware of, but according to this report from Forbes.com, private equity firms are the largest and most acquisitive group of hotel buyers in ...

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