Lodging & Hotel

Apollo Global Management and Vici Properties are buying the Venetian Las Vegas for $6.25 billion.

The stock deal will have an equity value of about $1.4 billion.

The Times Square Edition hotel, once valued at more than $2 billion, is about to inching closer to foreclosure.

The company will provide the equivalent of four hours pay to hotel workers who complete vaccinations.

The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics.

The pandemic prompted some developers to tap the brakes on new projects. That’s not the case at Howard Hughes Corp.

Women, minorities, the young and the less educated will likely be the hardest hit by hallowing out of retail, hospitality and entertainment jobs.

The developer, Glenroy Coachella LLC, filed for Chapter 11 protection after the project’s manager has faced allegations of fraud.

The company is partnering with Fontainebleau Development on a long-stalled resort and casino on the Strip.

A trade group that represents Marriott, Hilton and Sheraton as well as smaller boutique hotels is asking the city to forgive or reduce interest charges.