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Hotels & Timeshares

Blackstone Buys LaSalle Hotels for $3.7 Billion Cash

May 21, 2018 0

Just 3 days after realizing a $14 billion profit on the sale of its 5.8% stake in Hilton Worldwide Holdings, private equity firm Blackstone has […]

U.S. Hotel Industry Posts Record-Breaking Year in 2017

February 6, 2018 0

  The U.S. hotel industry registered record-breaking performance levels during 2017, according to data from STR. Compared with 2016: Occupancy: +0.9% to 65.9% Average daily rate […]

Judge: Airbnb Not Responsible for Tenant Lease Violations

January 6, 2018 0

A federal judge sided with Airbnb in a lawsuit brought about by the American Landlord Apartment Investment & Management Co (AIMCO), according to Endgadget. The […]

Airbnb to Start Branding its Own Properties Next Year

October 15, 2017 0

It appears that more restrictive local regulations and ordinances are driving Airbnb to get involved in the real estate development business. In a noteworthy development, Airbnb […]

Intercontinental Hotels Launches New Brand Targeting Budget Travelers

September 21, 2017 0

InterContinental Hotels Group (IHG) announced that it launched a new brand called Avid Hotels, targeting travelers at a slightly lower price point than its popular Holiday Inn […]

Average Daily Rate at U.S. Hotels Surpasses $127

August 25, 2017 0

The Average Daily Rates (ADR) at U.S. hotels reached $127.12 during the week of August 13-19, a 2.5% increase from the previous week, according to […]

Average Daily Rate at U.S. Hotels Reaches $127.47

June 2, 2017 0

The Average Daily Rates (ADR) at U.S. hotels reached $127.47 during the week of May 21-27, a 2.5% increase from the previous week, according to […]

Airbnb Turns a Profit, Now Valued at $31 Billion

March 12, 2017 0

Airbnb reported an undisclosed profit during Q2 2016 and is now valued at $31 billion, reported CNBC. The online vacation-sharing portal also just raised $1 billion […]

U.S. Hotel Stock Index Up 19.6% in 2016

January 22, 2017 0

The Baird/STR Hotel Stock Index closed 19.6% higher in 2016, reaching 3,702 on the back of a strong post-election performance in November and December, as […]

New Platform for Global Real Estate Listings

January 14, 2017 0

In response to greater volumes of cross-border real estate transacations, a new online platform will enable buyers and investors to search for real estate listings […]

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