Perfect Storm - Llandudno 'spy hotel' on market for £2.4m during 'craziest time' in living memory
Through canny management, its owner is standing up to economic headwinds. But times are tough for him and tough for the sector…
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Conroe leaders say $107M Hyatt hotel won't see a profit for years, calling project a 'money pit'
Financial questions around Conroe's new $107 million Hyatt Regency Hotel and Conference Center continue to linger with council members calling the facility a “money pit” and revenue projections for 2024 unrealistic.The hotel and convention center…
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Caesars And MGM: Cybersecurity Issues Derail Shares Of Casino Names
It would be a nightmare for any large publicly traded American company but imagine the effects of a cyber attack on the security of major casino/resorts based in Las Vegas…
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US hotel loan defaults could rise on falling leisure stays, climbing costs
U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs are expected to pinch their profits…
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