A celebrity-backed Miami Beach hotel is facing $149 million in foreclosure on 266 rooms while the broader market posts record tourism numbers. The gap between those two facts is where the real distress signal lives.
JW Marriott Bengaluru is staring down ₹660 crore in debt, 40 companies circling for acquisition, and an active bankruptcy proceeding. So naturally, they just made a culinary hire and issued a press release about it.
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