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Page 6 - சன்ஸ்டோன் ஹோட்டல் முதலீட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Baird/STR Hotel Stock Index dipped 0 2% in March

Baird/STR Hotel Stock Index dipped 0 2% in March
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

Ripley s, Modell s and the Liberty Theater Abandon 234 West 42nd Street

Modell’s, which filed for bankruptcy last year, and the Liberty Theater have already closed their doors. Ripley’s Believe It Or Not was still open on a recent visit, and representatives for the company did not respond to a request for comment. It’s not the first time that the prime Times Square property has been wounded during the pandemic. A Hilton Hotel at the same location closed permanently last year, and its owner, Sunstone Hotel Investors, turned the keys to the property over to one of its mortgage lenders in January. The hotel’s entrance is now surrounded by yellow caution tape.

Sunstone Hotel Investors Announces Changes To The Board Of Directors

Sunstone Hotel Investors Announces Changes To The Board Of Directors
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

COVID-19 Insurance Claim Denial Lawsuit Will Proceed: Judge

COVID-19 Insurance Claim Denial Lawsuit Will Proceed: Judge At least one insurer will have to defend its denial virus-related business interruption insurance losses after a California federal judge ruled the high-profile case can proceed. U.S. District Judge Cormac Joseph Carney ruled in favor of Sunstone Hotel Investors in denying a motion by Endurance American Specialty Insurance Co. to toss out the $40 million suit. The judge rejected the claim that the investors were required to meet a $100,000 deductible for cleanup costs before tapping into business interruption coverage. So far, insurers have been mostly successful at fending off business interruption lawsuits stemming from the COVID-19 pandemic. Disputes are generally focused on whether the virus is a valid exclusion under policies.

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