by Traveler | Jun 21, 2025 | Hotel Industry
PwC reported its Hospitality & Leisure: US Deals 2025 Mid-Year Outlook and found that PE-sponsored H&L deals have decreased 85 percent year over year. Hospitality and leisure (H&L) dealmakers began 2025 with cautious optimism, but continued volatility in...
by Traveler | Jun 21, 2025 | Tourism
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by Traveler | Jun 21, 2025 | Hotel Industry
Success in hospitality is often determined by how well a property can plan for what’s to come, but how can hotels hope to navigate the uncertainty of today’s markets? The first step: Prepare for a downturn but live in the moment. The hospitality industry must stay...
by Traveler | Jun 21, 2025 | Tourism
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by Traveler | Jun 21, 2025 | Hotel Industry
Photo Credit: Procaccianti Companies PROVIDENCE, RHODE ISLAND—Procaccianti Companies announced that it has obtained all required approvals to develop and construct The Bellevue Hotel, a 91-key luxury boutique property in Newport, Rhode Island. The project was...