Page 2

Articles tagged “real estate”

Business Travel

Lodging Startup Landing Raises $125 Million to Redefine Corporate Housing

So-called next-gen lodging platforms are doubling down on corporate needs, anything from remote work and relocations to extended projects, and even perks for personal use.

Matthew Parsons | 2 years ago

Lodging Startup Landing Raises $125 Million to Redefine Corporate Housing

Hotels

Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals

In a turbulent financial market, players such as Blackstone are worth tracking because they usually have more wherewithal to invest in hotels than others do.

Sean O'Neill | 2 years ago

Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals

News Blog

Sonder to Expand in Dubai With 401-Unit Property

Sonder said it plans to expand in Dubai later this year with the opening of a 401-unit property, Business Bay. Sonder's Business Bay, Dubai, complete with front desk in the lobby. Source: Sonder Unlike some Sonder properties where customer service is solely via text messages, this 35-story building, operated by Sonder and developed by SAAS…

Dennis Schaal | 2 years ago

Short-Term Rentals

Vacasa Could Get Boost From Home Sales Softness

If they can't sell their homes, vacation rental owners tend to stay with their property managers. Making the proverbial lemonade out of lemons.

Dennis Schaal | 2 years ago

Vacasa Could Get Boost From Home Sales Softness

Hotels

Inspirato’s Public Debut Receives Investor Endorsement of Subscription Travel

Unlike Airbnb and Vrbo, which have struggled at times to attract ample numbers of hosts to meet demand, Inspirato and its subscription model play in a more focused space. Although there is plenty of competition, there are tons of potential home leases to lay siege for around the world where the monied set want to jet and play.

Dennis Schaal | 2 years ago

Inspirato’s Public Debut Receives Investor Endorsement of Subscription Travel

Hotels

China Government Buys a Hyatt Property From Struggling Developer

These are government bailouts of the hotel industry, China-style.

Arundhati Dutta, Reuters | 2 years ago

China Government Buys a Hyatt Property From Struggling Developer

Short-Term Rentals

U.S. Short-Term Rental Rate Sticker Shock Will Sting More in 2022

Short-term rental owners in locked-down countries undoubtably suffered or went out of business in 2021. But for many owners in the U.S., it was the best of times, and their revenue soared. One wakeup call — there may not be an adequate number of listings to meet demand.

Dennis Schaal | 2 years ago

U.S. Short-Term Rental Rate Sticker Shock Will Sting More in 2022

Hotels

Reliance to Buy Mandarin Oriental New York in $98 Million Deal

This deal underscores how Mumbai-based conglomerate Reliance, run by billionaire Mukesh Ambani, cares about travel. In 2021, it bought Britain's Stoke Park. It's also been keeping a stake in Oberoi Hotels, developing hotels in Mumbai, and running a full-service hospitality management company.

Shivam Patel, Reuters | 2 years ago

Reliance to Buy Mandarin Oriental New York in $98 Million Deal

Short-Term Rentals

Property Manager AvantStay Adds $160 Million in Funding for Expansion

AvantStay's move into brokerage services sets it apart from most of its peers. But as Zillow's experience of flipping houses and getting burned highlights, real estate can be a very risky sector.

Dennis Schaal | 2 years ago

Property Manager AvantStay Adds $160 Million in Funding for Expansion

Hotels

Trump’s Money-Losing D.C. Hotel Will Sell to Firm That Will Rebrand It to Waldorf Astoria

It's hard to imagine the Trump brand surviving in the hotel space beyond any current contracts. As a brand it added nothing lasting and certainly won't be missed.

Reuters | 2 years ago

Trump’s Money-Losing D.C. Hotel Will Sell to Firm That Will Rebrand It to Waldorf Astoria