Reeco raises $10M to help hotels fight supply chain woes

The AI-powered marketplace connects hospitality buyers and suppliers — providing a new, cost-effective way to order and receive products.

By Jenna Graber • March 29, 2023

Hotel startups, investors evaluate standing following SVB collapse

The collapse of Silicon Valley Bank may not have a huge impact on the hotel industry, but existing investor activity could pose a challenge for startups in the sector. 

By Jenna Graber • March 27, 2023

Raines plots expansion with acquisition of HP Hotels

The deal, announced in March, not only expands Raines’ geographic footprint but also boosts the hospitality company’s property management capabilities.  

By Mike Dunphy • March 20, 2023

Bank failures cause uncertainty for contractors

The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.

By Sebastian Obando • March 16, 2023

NYC office, hotel sectors show signs of life

“New York is back,” but in a way that differs from its pre-pandemic level, a presenter at this week’s New York Build conference said.

By Sebastian Obando • March 10, 2023

Marriott names head of IT with background in sales, revenue

The hospitality giant promoted Drew Pinto to EVP and chief revenue and technology officer, as part of a broader leadership reorganization.

By Lindsey Wilkinson • Feb. 27, 2023

Las Vegas Sands plans $4B casino development in Long Island, NY

The sprawling hospitality and entertainment project, which still needs approval, would include a variety of amenities.

By Sebastian Obando • Jan. 18, 2023