Hospitality & Tourism

Whether it’s the proximity to New York City or all of the tourist attractions that New Jersey has to offer, the Garden State’s hospitality industry is booming. Hotels are increasingly becoming part of major redevelopment projects.

Report: Icahn acquires mortgage for another Atlantic City hotel

Billionaire investor Carl Icahn has made another real estate move in Atlantic City, reportedly purchasing the debt to the nongaming Boardwalk hotel known as The Chelsea.

Seeing the upside in Atlantic City

I’ve always loved the type of story that gets my blood pumping. It catches your eye, makes you drop what you’re doing and gets you excited to think about breaking the news to your readers. Those stories are not so…

State approves plan for Atlantic City beer garden, report says

The owner of a site near the Atlantic City Boardwalk is one step closer to building a beer garden at the location this summer, following approval by a state authority on Tuesday.

New 133-room Hampton Inn comes to Bridgewater

A developer has opened a new 133-room hotel along Route 22 in Bridgewater, seeking to capture demand from the region’s population and nearby corporations.

Silver Arch closes $30.4 million loan for hotel project

A private lender based in Hackensack has arranged more than $30 million in financing for a client to acquire and reposition a hotel on Manhattan’s West Side, the firm announced.

Report: Deal to convert former Atlantic Club casino to water park falls through

A development group’s plans to redevelop the shuttered Atlantic Club casino as a water park have reportedly fallen through after a large investor pulled its funding from the project.

New owner plans top-to-bottom upgrades at Monmouth County hotel

A well-known hotel in Monmouth County is getting a multimillion-dollar makeover after being acquired last month by an East Windsor-based hospitality group.

Straub looks to reopen former Revel casino by June 15, report says

The former Revel casino hotel in Atlantic City — Courtesy: Governor’s Office/Tim Larsen By Real Estate NJ Glenn Straub, the owner of the former Revel casino in Atlantic City, said he now plans to reopen the shuttered property in less…

Atlantic City’s $138 million ‘PolerCoaster’ set for 2019 debut after EDA approval

A towering “PolerCoaster” rising 350 feet is on track to become one of Atlantic City’s newest attractions, following state approval Thursday of a $38.4 million tax incentive for the project.

Ironstate, Panepinto open new Marriott hotel in Jersey City (PHOTOS)

A stretch of downtown Jersey City that has become known for its high-end apartment buildings has added a new high-end hotel, following the completion of an extended stay Marriott property by two area development firms.