📊 Topic

Office-to-hotel conversion

2 stories · First covered Mar 16, 2026 · Latest 3h ago
Office-to-hotel conversion Coverage
Hilton's Betting on Sydney and Mongolia. The Real Question Is Who's Holding the Bag.

Hilton's Betting on Sydney and Mongolia. The Real Question Is Who's Holding the Bag.

Hilton just announced its first Motto property in Australia and its first flag in Mongolia, both opening into markets that look great on a slide deck. Whether they look great on an owner's P&L three years post-opening is a conversation the press release would rather you not have.

$48B in Hotel Loan Maturities Is About to Sort Owners Into Winners and Casualties

$48B in Hotel Loan Maturities Is About to Sort Owners Into Winners and Casualties

The extend-and-pretend era is ending. Owners who borrowed at 3.5% in 2021 are about to refinance at 7%, and the math on that gap is brutal.