Loews Signs Deal for 500-Room Convention Center Hotel in Pittsburgh
Skift Take
Loews will build a 500-room hotel at Pittsburgh's convention center as part of a $418 million project with state funding. Plus, more hotel deal and development news.
The DJIA fell 537 points on Friday, while the Nasdaq was down 410, the S&P 500 fell 93 points, and treasury yields surged, with the 10-year treasury yield up .13 to 4.60%. Lodging stocks were mostly lower.
JW Marriott and Stonebridge announced the reopening of the 237-room JW Marriott Atlanta Downtown, marking the debut of a re-imagined luxury hotel. The property introduced elevated accommodations, four new dining concepts, and an Executive Lounge. Social spaces include The Ledger Bar and Lounge, a 360-degree lobby bar. The rooftop pool includes newly introduced cabanas and the JW Garden and well-being spaces include a spa and fitness center. The JW Marriott Atlanta Downtown boasts nearly 10,000 square feet of flexible meeting and event space, including conference rooms, pre-function areas, and banquet halls.
Great Lakes Capital, in partnership with Schahet Hotel, will hold a groundbreaking ceremony for the Element by Marriott hotel in Muskegon, Michigan. Th
