As the former Century Plaza Hotel’s $2.5 billion restoration and redevelopment nears completion, Michael Rosenfeld faces an uphill battle to unload more than $1 billion in apartments.
A startup owned by Mr. Buffett’s Berkshire Hathaway aims to shake up the construction industry by making it more like car manufacturing.
More than a year into the pandemic, high-rise office buildings are largely empty. Yet by most measures, the U.S. commercial real-estate market is in remarkably solid shape.
The May 21 deadline narrows the window for competing bidder Stewart Bainum Jr. to firm up financing.
Expedia Group CEO Peter Kern, named to the role last spring in the depths of the pandemic, now is leading the company as it cuts thousands of jobs, streamlines operations and gears up for travel’s big bounce back.
The companies mounted a first-quarter comeback, as investors bet that a vaccine rollout can revitalize the hard-hit businesses.
A Maryland hotel magnate and a Swiss billionaire have made a bid for Tribune Publishing that the newspaper chain is expected to favor over a takeover deal it struck with hedge fund Alden Global Capital.
Working from home or from deserted headquarters, bosses of companies from Moderna to Chipotle talk about their challenges and share lessons for the times ahead.
Mason Slaine, a Florida technology investor and minority shareholder in Tribune, told The Wall Street Journal he is willing to put up $100 million toward a bid being put together by Stewart Bainum.
The deal, valued at more than $900 million, reunites the two companies and aims to tap into the rise of sports gambling.
Port Canaveral, Fla., was mothballed at the start of the coronavirus pandemic; now, as other parts of the economy blink back to life, the U.S. cruise industry is waiting for Washington’s go-ahead—and worried a second summer season is about to be lost.
The proposed deal valuing Crown at around $6 billion hinges on regulators maintaining the company’s casino licenses amid investigations into its business practices.
A designer who integrates Americana into his own projects finds inspiration in a hotel’s grand lobby erected in Montana’s Glacier National Park over 100 years ago.
Room doors from the iconic hotel where artists like Bob Dylan, Janis Joplin and Andy Warhol stayed, hit the auction block in 2018. Now they’re serving a new purpose for the winning bidders.
Decisions on hiring, scheduling and marketing need to be made now to be ready to open this summer. Resorts, fairs and beach towns are struggling to bet correctly on the state of pandemic restrictions, and the state of the nation’s mood.
Some senior homeowners are seeking out neighborhoods and communities that keep online platforms like Airbnb and Vrbo at bay.
A recent surge in home prices in the New Jersey city known for gambling raises the prospect that it could reclaim its status as a desirable seaside getaway.
Barclays Center and Madison Square Garden plan to welcome back fans this week under capacity restrictions, as long as the spectators test negative.
Faced with continuing furloughs and economic lockdowns, workers at hotels, bars and restaurants look to reinvent themselves.
The property was used to test the design of his Rosewood Miramar Beach resort in Montecito.