Boston Ritz-Carlton Reopens with Family Promotions
Boston’s Ritz-Carlton hotel reopens on Thursday with new promotional packages designed to capture the all-important leisure travel market.
Boston Hotels Wait for the Bounce-Back
As the downtown economy reopens, Boston is set to absorb nearly 2,200 additional hotel rooms this year. The additional 5.5 percent in room supply is the largest in 20 years, and it hits a market that suffered the nation’s second-worst financial performance after New York City in 2020.
A 180-Degree Turnaround in Hotel Investment Market
As we entered 2021, the promise of vaccines and additional government support resulted in a 180-degree shift in investor sentiment – pointing to what could be a phenomenal summer in 2021.
Hotel Conversion Would Create New Affordable Units in Back Bay
The future owners of a Back Bay property plan to convert the building’s 66 hotel rooms into apartments while retaining office space for tenants including current owner YW Boston.
