Articles tagged “asset-light”

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U.S. Hotels Will Spend $6.4 Billion on Renovations and Upgrades in 2015

U.S. Hotels Will Spend $6.4 Billion on Renovations and Upgrades in 2015

Dan Peltier, Skift

After some very bad years following the 2008 financial collapse hotels feel safe to spend again.

4 years ago

Strategic Hotels Looking for a Buyer for Its Luxury Hotel Portfolio

Strategic Hotels Looking for a Buyer for Its Luxury Hotel Portfolio

Sarah Mulholland, Jeffrey McCracken and Ed Hammond, Bloomberg

While hotel brands have gone asset light, smart investors still love marquee real estate.

4 years ago

InterContinental Continues Asset Sell Off With $938 Million Hong Kong Deal

InterContinental Continues Asset Sell Off With $938 Million Hong Kong Deal

Alfred Liu, Bloomberg

It's easy to go asset light when nearly a billion dollars is dangled before your eyes.

4 years ago

InterContinental Hopes to Raise $1 Billion From Sale of Iconic Hong Kong Hotel

InterContinental Hopes to Raise $1 Billion From Sale of Iconic Hong Kong Hotel

Vinicy Chan, Bloomberg

Is this a matter of going asset light or shedding valuable real estate to get some cash amidst talk of regional financial uncertainty?

5 years ago