
Niches in Hospitality Create Redesign Demand
From the Back Bay to the Bulfinch Triangle, local lodging properties are taking on a new look with updates designed by JCJ Architecture and firm principal Harry Wheeler.
From the Back Bay to the Bulfinch Triangle, local lodging properties are taking on a new look with updates designed by JCJ Architecture and firm principal Harry Wheeler.
There are good reasons for hotel owners to affiliate with national brands such as Marriott, Hyatt and Hilton. But these deals come with costs.
As Massachusetts prepares to welcome conventioneers and tourists to a busy schedule of upcoming events, record hotel room rates are becoming the new normal.
Boston’s hotel market offers a rare commodity in today’s CRE environment: predictable growth in a world of unpredictability.
Boston’s strong and well-balanced economy has been key to the recovery of Boston’s hotel industry post-COVID, garnering strong interest from the investment community.
Dismissed as an obsolete money pit by former Gov. Charlie Baker, the revived Hynes Convention Center is forging new relationships with Back Bay hotel owners to ensure future meeting attendees can find convenient lodgings.
For four generations, Saunders Hotel Group has owned and operated properties that are on the short list of travelers visiting Boston. It gives Chairman Gary Saunders a useful position to gauge the future of Back Bay hotel market.
The Boston and Cambridge lodging market has been slower to recover than most markets across the country. However, after more than two years since the pandemic began, the market is beginning to pick up speed.
Rubbery chicken and a burger used to be de rigueur for menus at hotel restaurants. Now, those old concepts being replaced by chef-driven ventures that act as amenities for upscale properties.
In the spring of 2020, the future landscape for tort claims arising from COVID-19 infections was largely unknown. Two years later, the tidal wave has not hit.
As hotel owners and operators across Massachusetts struggle to stay afloat, it’s a fair question to ask whether the top legislative brass on Beacon Hill care all that much about the industry and the vital tourism sector it supports.
Advocates for people experiencing homelessness and elected officials are hoping to capitalize on pandemic-era experiences in an effort to shift the state’s shelter system to other settings, like repurposed hotels or purpose-built shelters with individual rooms.
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.
The pandemic upended hotels’ business models and forced owners to rethink their strategies for operations, branding and property upgrades. Beverly-headquartered CHMWarnick and its president Chad Crandell step in.
Boston Convention and Visitors Bureau President and CEO Martha Sheridan, Ritz-Carlton General Manager Bill Bunce and Ryan Enright, a managing director at JLL discuss what this moment means for the hospitality sector in a conversation moderated by Banker & Tradesman’s commercial real estate editor, Steve Adams.
It appears that the demise of the Cape Cod hotel industry due to the pandemic has been greatly exaggerated. If anything, many industry figures say the Cape lodging sector is emerging stronger than ever.
The tourism and hospitality sector has been decimated by the COVID-19 pandemic, facing sharp declines in business that will be slow to recover without additional state action, industry leaders told lawmakers on Friday.
The owners of Kenmore Square’s Hotel Commonwealth have unloaded the property at a discount amid continuing softness in the regional hotel market.
The new numbers pushed the state’s confirmed COVID-19 death toll to 10,588 and its confirmed caseload since the start of the pandemic to nearly 225,800.