Blackstone has acquired The Ritz-Carlton, Okinawa and the Kanehide Kise Beach Palace for approximately 20 billion Japanese yen. https://bit.ly/41H7ZbY
Hotel News Now
Hospitality
Lakewood, OH 12,555 followers
Stay informed with the latest headlines, trends and analytics affecting the global hotel industry. Part of CoStar News.
About us
Hotel News Now’s experienced, award-winning journalists bring diverse perspectives and voices to the news. From exclusive video interviews with CEOs, to conference news from around the world, to coverage of public hotel companies, our stories are accessible for free 24/7 to inform your business today and in the future. Hotel News Now tells the stories behind the STR hotel data you know, incorporating big-picture data trends and STR’s expert voices into our global coverage of hotel performance, development and operations. STR’s regular performance overview snapshots are always available free at Hotel News Now. Hotel News Now is now part of the global CoStar News team, which reports commercial real estate news from all over the United States, Canada and the U.K.
- Website
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https://www.costar.com/news/section/hospitality
External link for Hotel News Now
- Industry
- Hospitality
- Company size
- 2-10 employees
- Headquarters
- Lakewood, OH
- Type
- Public Company
- Founded
- 2011
- Specialties
- News, Hospitality, Data Analytics, Video Interviews, Event Coverage, Podcasts, Reporting, Panel Moderation, Breaking News, Newsletters, Social Media, and Exclusives
Locations
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Primary
14650 Detroit Avenue
450
Lakewood, OH 44107, US
Employees at Hotel News Now
Updates
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Hyatt will add Las Vegas resorts The Venetian Resort Las Vegas and The Palazzo to its various booking platforms and its World of Hyatt loyalty platform as it seeks to reestablish a foothold on the Las Vegas Strip. https://bit.ly/4iEw4Gf
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Hotel Equities will manage all 29 locations in Marriott International's latest acquisition, Postcard Cabins (formerly Getaway). https://bit.ly/3DiGFq2
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India-based OYO's purchase of the Motel 6 and Studio 6 brands, which have over 1,600 properties, gives the company a larger foothold in the U.S. https://bit.ly/3ZFfsWd
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The latest episode of the Hotel News Now #podcast recaps five top moments from across the Hotel News Now podcast network in November. https://bit.ly/3Br9mRd
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The U.K.'s Labour #government predicted a transition period following its Oct. 30 budget, and the U.K. #hotel industry is now grappling with increased #operating costs amid worries that consumers will not accept higher costs. https://bit.ly/4f890wJ
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MCR Hotels has replaced an older loan with $300 million in new financing for a portfolio of 22 branded hotels. https://bit.ly/3ZMYgPF
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Brian Hicks, who most recently worked as an executive with IHG Hotels & Resorts, takes over the sales, marketing and revenue-focused industry organization after the passing of Bob Gilbert, who led HSMAI for over 30 years. https://bit.ly/4gjRkzl
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Concord Hospitality Enterprises founder Mark Laport said his company has been able to grow incrementally over four decades by being "masters of the one-off" deal. Along with COO Will Loughran, the pair reflects on 40 years of thoughtful growth with Hotel News Now. https://bit.ly/4iyxUbP
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LVMH Moët Hennessy Louis Vuitton has announced a minority investment in French boutique hotel firm Les Domaines de Fontenille, which has 11 hotels in France, Spain and Italy. https://bit.ly/4faazu6