Skift Take

Major real estate and investment groups like Blackstone and MCR Hotels will garner the most headlines around hotel acquisitions coming out of the pandemic. There's simply not enough brands out there for a company like Marriott to make a splash on the M&A front.

Series: Early Check-In

Early Check-In

Editor’s Note: Skift Senior Hospitality Editor Sean O’Neill brings readers exclusive reporting and insights into hotel deals and development, and how those trends are making an impact across the travel industry.

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There’s plenty of deal making happening in the hotel industry, but the major brands aren’t generating the activity. Blackstone announced late last week plans to acquire Condor Hospitality Trust’s entire real estate portfolio for $305 million, or roughly $160,000 per room