Why there could be even more amazing hotel deals
JLL said hotel transactions valued at over $200 million have reached an eight-year high, with plenty of potential for more in the second half of the year. NATIONAL REPORT —…
JLL said hotel transactions valued at over $200 million have reached an eight-year high, with plenty of potential for more in the second half of the year. NATIONAL REPORT —…
Memorable quotes from this week’s stories, including the bold statement from Kempinski Hotels’ new CEO, Barbara Muckermann, on the future of the luxury brand. Quote of the week“Get ready because…
The Singapore-based adventure travel brand takes over a failed brand with 100 hybrid hotels/hostels. LONDON – Singapore-based Collective Hospitality has confirmed it will acquire a majority stake in Nasdaq-delisted Selina…
Despite the franchise fees, Mountain Shore Properties plans to continue developing with Hyatt and sees the low interest rate environment as a catalyst for further deals and developments. Stephen Wendell,…
Fed Chair Jerome Powell himself said it was time for the central bank to cut its benchmark interest rate, confirming widespread expectations that central banks will begin cutting borrowing costs…
The base price is rumored to be $150 million, with prices rising to as much as $185 million as Hyatt continues to expand its lifestyle portfolio. CHICAGO – Hyatt Hotels…
Hyatt has officially announced the sale of the Hyatt Regency Orlando to a joint venture of Ares Management and Rida Development. The deal also includes a new Grand Hyatt being…
The only constant in New York City is – and always has been – change. From its beginnings as a breadbasket to the technologically advanced “Roaring Twenties,” each decade has…
Marriott will receive royalties based on Sonder’s gross sales; Sonder will receive a much-needed brand boost. SAN FRANCISCO – Apartment accommodation company Sonder Holdings Inc. has entered into a long-term…
The deal, which would see Hyatt commit to divesting assets valued at $2 billion, would be the largest hotel sale in 2024. ORLANDO — The $1 billion-plus sale of Florida’s…