For You Deals Tech Brands Operations Pipeline REITs Labor

LIVE

Sandals Is Spending $200M to Renovate Three Resorts. The Hurricane Made Them Do It Right. Choice Hotels' 2026 Guidance Is Basically Flat. And Wall Street Already Noticed. 16,000 Keys Across Four Countries. One Guy's Building a Pan-Asian Hotel Empire Most Americans Haven't Noticed. A TV Show Just Got Renewed. Here's Why Your Hotel in Toronto Should Care. Disney's Been Renovating the Grand Floridian for Six Years. And They're Still Not Done. Expedia's B2B Bookings Hit $8.7 Billion. Your OTA Commission Check Just Got More Complicated. Airbnb Just Took On $2.5 Billion in Debt It Didn't Need. That Should Worry You. Sandals Is Spending $200M to Renovate Three Resorts. The Hurricane Made Them Do It Right. Choice Hotels' 2026 Guidance Is Basically Flat. And Wall Street Already Noticed. 16,000 Keys Across Four Countries. One Guy's Building a Pan-Asian Hotel Empire Most Americans Haven't Noticed. A TV Show Just Got Renewed. Here's Why Your Hotel in Toronto Should Care. Disney's Been Renovating the Grand Floridian for Six Years. And They're Still Not Done. Expedia's B2B Bookings Hit $8.7 Billion. Your OTA Commission Check Just Got More Complicated. Airbnb Just Took On $2.5 Billion in Debt It Didn't Need. That Should Worry You.

🏗️ Property

Sheraton Crescent

1 story · First covered Mar 14, 2026 · Latest Mar 14

Foundation 8

Sheraton

Sheraton Crescent Coverage

A Shuttered Sheraton Becomes 600 Apartments: The Per-Unit Math Tells the Real Story

Development Primary

Mar 14

A Shuttered Sheraton Becomes 600 Apartments: The Per-Unit Math Tells the Real Story

Foundation 8 is putting $120M into converting a dead Phoenix hotel into residential units at $200K per door. The number looks reasonable until you decompose what "attainable luxury" actually means for returns.

JC

Jordan Chen 2 min read · Mar 14