China’s biggest hotel operator is looking to acquire foreign hospitality chains as the rapid recovery of the country’s domestic travel market puts it at an advantage to ailing global peers.
The pandemic may have wiped out demand for apparel and driven many remaining customers online, but that isn’t stopping Lululemon Athletica Inc. from eyeing new brick-and-mortar stores across the U.S.
The Federal Reserve plans to take initial steps toward rewriting the rules for lending in low income neighborhoods, reports the Wall Street Journal. Almost 90 percent of New York City's bars and restaurants could not pay their rent in August, according to the New York Post. These are among today’s must reads from around the commercial real estate industry.