News

What caused the uptick at President Trump’s flagship hotel in New York? One major factor: “a last-minute visit to New York by the Crown Prince of Saudi Arabia,” wrote general manager Prince A.
More hotel investment is under way ... If Blackstone executives thought its $8.9 billion purchase of Crown Resorts was a good deal back in 2022, it’s unlikely they’d be thinking that now.
Another downtown hotel could be headed into receivership after defaulting on almost $60 million in loans. The Crowne Plaza Riverwalk, a 410-room hotel on Pecan Street, is the newest target of ...