Investor appetite in hospitality properties in Western and Southern U.S. is growing due to higher revenue per room (RevPAR) growth, healthy occupancy and rising tourism, according to industry experts.
Brand-management firm Yext Inc. is doubling down on New York City with a shiny new headquarters in Manhattan’s Meatpacking District and plans to hire hundreds more employees.
Marriott International Inc. is expanding its home-sharing business to the U.S. as Airbnb Inc. diversifies its own business ahead of an expected initial public offering.
The Wall Street Journal looks at how one bookstore survived the e-commerce age. Forbes lists universal costs of owning rental real estate. These are among today’s must reads from around the commercial real estate industry.