Hotels and shopping malls have skipped out on their Cook County tax payments
Pummeled by the pandemic, numerous hotels and shopping malls in Cook County have skipped their latest property tax payment.
And the total has added up to nearly $500 million the county hasn’t collected, according to Crain’s.
In Chicago, Hilton and Marriott brands, and the luxury Drake Hotel on North Michigan Avenue have accrued the biggest unpaid bills.
Cristina Lozano, a junior at New York University (NYU), has been staying at the chic W New York Hotel, a 1911 beaux arts-style building that overlooks Union Square Park and offers a short walk to the Empire State Building.
The hotel is booked until next summer, when prices are advertised from the $400s to the $600s a night. For now, the place belongs to Lozano and others like her, who
San Diego City Council members on Tuesday unanimously approved the purchase of two hotels that within two months could become permanent homes for 400 people now at a temporary shelter at the Convention Center.
While no one knows when the venue again will be used for conventions, ending the shelter prepares the city for when that day finally comes. The city opened the shelter in April out of fears that
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Xenia Hotels & Resorts Inc. (xhr) offered an update of its business Wednesday during the pandemic, while also announcing new amendments to some of its borrowing and unveiling a $150 million five-year bond deal. The Orlando, Fla.-based REIT said 37 of its 38 hotels and resorts are open, after being closed during the pandemic, and it is continuing to review the timing of reopening its Hyatt Regency Portland
ATLANTA, Oct. 8, 2020 /PRNewswire/ — Leading hospitality management company Davidson Hotels & Resorts announces the addition of The Higgins Hotel & Conference Center to its growing portfolio. Operated by Davidson’s lifestyle and luxury division Pivot Hotels & Resorts, the 230-room, Art Deco-inspired boutique hotel is part of Curio Collection by Hilton. Located in New Orleans’ Arts and Warehouse District adjacent to The National WWII Museum, the property was
JUST 17 of Benidorm’s hotels out of 140 are to remain open as the tourism industry is destroyed by the UK quarantine restriction.
The popular holiday hotspot relies on British tourists, who have deserted the resort.
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Benidorm is still pressing for a safe air corridor to be set up
Express News Service
CHENNAI: It’s 9.00 am in the UAE, breakfast time. As people associated with the Indian Premier League finish their breakfast and start out to figure out their day, one of the first things they do is wear a wristband or a lanyard that comes with an inbuilt Bluetooth technology.
This technology, in essence, is what has allowed all the players, franchise officials, catering staff and chauffeurs —
Manchester City Council is smoothing the path for a 35% affordable accommodation requirement on purpose-built student accommodation, and it is pondering ways to make landlords pay for the extra costs high-density PBSA creates.
The new requirements follow a policy rethink that concluded the city’s student housing stock is poor quality, too expensive and that landlords are getting away with shirking the social cost of their schemes.
The city restricted PBSA
SAN DIEGO — The San Diego City Council took a major step Tuesday in its fight against homelessness, approving the purchase of two former hotel properties to create 332 permanent units for more than 400 San Diegans currently experiencing homelessness.
The council, which voted 9-0, approved spending $67 million for a former Residence Inn in the Hotel Circle area and $39.5 million for a former Residence Inn in the Kearny
With hotel-lodging veteran Gary A. DeLapp at the helm, stayAPT Suites is poised for both a successful launch and long-term presence in the industry segment. President and CEO DeLapp is known for his notable contributions within the hotel industry, especially in the extended stay segment, with previous executive leadership roles served at Woodspring Suites, Extended Stay America, and Invitation Homes.
“For too long, it’s been status-quo for long-term lodging guests
Getting homeless people off the street and into permanent homes is not a controversial idea. Getting people to agree on where they should live, however, can be a tough sell.
San Diego city officials are experiencing that challenge once again as plans move forward to buy two hotels that could house 400 homeless people who are staying at a temporary shelter in the San Diego Convention Center.
The proposal to
TOKYO (NNA/Kyodo) — Hoshino Resorts Co. plans to open a hotel property in a major sightseeing area of China’s Zhejiang Province in the spring of 2021, the Japanese company said.
“Hoshino Resorts KASUKE
NATCHEZ — City of Natchez officials are preparing to sell Margaret Martin Performing Arts Center to the owners of Dunleith Historic Inn.
Natchez Mayor Dan Gibson announced in a Tuesday regularly scheduled meeting of the Natchez Mayor and Board of Aldermen that Natchez resident Mike Blattner and his business partners with the J Collection, a New Orleans-based hotel group that purchased Dunleith in November, would also purchase the historic building
New York City’s once seemingly indomitable hospitality industry sustained another blow this week when the owners of the historic Roosevelt Hotel, a 96-year-old Midtown institution, announced that the 1,025-room hotel will cease operations on Oct. 31.
Named for President Theodore Roosevelt, the hotel opened in the fall of 1924, and its Italian Renaissance façade of chiseled marble and limestone has been an unchanging fixture of the Manhattan streetscape ever since.
This is a real gamble.
Many New York hotels are sitting largely empty because of lost business due to the coronavirus pandemic.
But the owner of Resorts World Casino NYC at Aqueduct in Queens announced plans Monday to open a new $400 million Hyatt Regency-run hotel next to its gambling facility, which is located near JFK airport.
The hotel will be called Hyatt Regency JFK at Resorts World New York
Among the choices for Thanksgiving dinner at Blantyre in Massachusetts’s Berkshire region are a … [+]
Going out for Thanksgiving is always a popular option rather than having one family member take on the responsibility of putting on the dinner. A weekend at a hotel or resort is also popular right now given the months spent in quarantine by many families without
CHICAGO–(BUSINESS WIRE)–Oct 13, 2020–
Hyatt Hotels Corporation (NYSE: H) and Genting Americas announced today plans for a new hotel located at Resorts World Casino New York City (RWNYC). Hyatt Regency JFK at Resorts World New York is scheduled to open in the first quarter of 2021, and will be an eight-story 400-room four-star hotel with residential-inspired guestrooms and premium suites with energizing design and insightful in-room technology. The hotel will
Until last week, the last time I stayed at a hotel was back in March. Since the pandemic began, I spent months locked down alone in my D.C. apartment, then with family in Upstate New York. I took bike trips and road trips to go camping, but I avoided hotels completely.
In the meantime, hotels, like the rest of the travel industry, were suffering. According to the American Hotel &
AUSTIN (KXAN) — A food drive to help employees of hotels — who have been hit hard during the COVID-19 pandemic — was held Tuesday afternoon.
The drive was held at the Omni Southpark Hotel located at 4140 Governors Row as part of its
