(NEW YORK)Morgans Hotel Group Co. said Friday it will start to expand overseas with the creation of a hotel in Dubai. The boutique hotel operator will run the Delano Dubai, which is targeted...READ MORE
(NEW YORK)Hotel sector stocks dropped with the broader market on Thursday as disappointing back-to-school retail sales and a spike in workers applying for unemployment benefits stoked invest...READ MORE
(NEW YORK)Shares of most hotel companies were boosted with the broader market on Friday as oil prices retreated and Federal Reserve Chairman Ben Bernanke indicated the central bank is unlike...READ MORE
(NEW YORK)Occupancy at hotels in the U.S. has continued to decline through the first half of August, a market research firm said Thursday, leading analysts to predict that the industry will ...READ MORE
(HENDERSONVILLE, Tenn.)The U.S. hotel industry continued to post occupancy and revenue per available room declines in the first week of August, according to data collected by a market research firm.READ MORE
(NEW YORK)Morgans Hotel Group Co. said Wednesday that it swung to a loss in the second quarter as some corporate expenses increased, although the boutique hotel operator said international g...READ MORE
The tightening capital market and weakening gambling industry are leaving clear tracks in Las Vegas, where casino operator Boyd Gaming Corp. announced Friday that it will stop work...READ MORE