Operations
Primary
Mar 23
A $396 million, 600-room JW Marriott is rising on the Detroit riverfront with $142 million in tax breaks and a skybridge to the convention center. The question nobody's asking is what happens when the city needs that tax revenue back and the hotel hasn't hit projections.
Transactions
Primary
Mar 3
A 506-room downtown Marriott just traded at a 63% discount to its 2013 purchase price, with occupancy barely clearing 23%. The per-key price tells a story about Portland, about convention hotels, and about what happens when debt and reality stop agreeing.
📡
Get the Briefing Every Morning at 6AM
Join hotel operators, owners, and investors who start their day with InnBrief.
Free forever. Unsubscribe anytime. No spam — just signal.