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latest hotel news

City Readies Vote on Plan to Convert Hotels for Homeless; 332 Residences to Cost $321,000 Each – NBC 7 San Diego

Two San Diego hotels could soon become permanent housing — with support services — for the homeless.

San Diego mayor Kevin Faulconer, along with City Councilmembers Georgette Gomez and Chris Ward, announced a plan on Monday to transform the Residence Inn Hotel Circle and Residence Inn Kearny Mesa into permanent homes for people looking to transition to the housing.

The purchase price for the hotels would be $106.5 million. The Hotel Circle site would be $67 million, while Kearny Mesa would cost $39.5 million. Those figures do not include closing or renovation costs, a housing official said. That breaks down

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latest hotel news

The Roosevelt Hotel in Midtown Manhattan to Close Permanently – NBC New York

An iconic fixture in the landscape of Midtown Manhattan, The Roosevelt Hotel will soon join the growing list of New York City businesses to shutter amid the ongoing coronavirus pandemic.

A spokesperson for the hotel confirmed its impending closure Saturday citing low occupancy since the start of the pandemic in March. Reuters reports the hotels last day of operation is scheduled for Oct. 31.

“Due to the current, unprecedented environment and the continued uncertain impact from COVID-19, the owners of The Roosevelt Hotel have made the difficult decision to close the hotel and the associates were notified this week,” a

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