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Articles tagged “hotel deals”

Hotels

Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Analysis

Ace only has about a dozen properties, but it has punched above its weight in brand impact. Here's our analysis of whether Sortis is a good home and if $85 million is a good price.

Sean O'Neill | 1 year ago

Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Analysis

Hotels

Hyatt to Buy Dream Hotels in Up to $300 Million Deal

Hyatt would boost its footprint in New York City and the lifestyle segment worldwide with this transaction.

Sean O'Neill | 1 year ago

Hyatt to Buy Dream Hotels in Up to $300 Million Deal

Hotels

IHG Adds Iberostar Brand in Licensing Deal That Expands Its Beach Presence

Meet the 18th IHG brand. And given how major hotel companies are suddenly keen on all-inclusives, expect a buzz around other potential targets, such as Playa and Sandals.

Sean O'Neill | 1 year ago

IHG Adds Iberostar Brand in Licensing Deal That Expands Its Beach Presence

Hotels

Recent Hotel Earnings Tell Us Brands See Resilience in Development Pipelines

While economic storm clouds gather, public hotel companies said in earnings calls that their deal and development work remains largely strong — and intact.

Sean O'Neill | 1 year ago

Recent Hotel Earnings Tell Us Brands See Resilience in Development Pipelines

Hotels

Hotel Group Faith in Asset Light Model Opens Gap for Upstarts

Most large lodging companies avoid owning real estate. This groupthink is dumb. One of the smartest strategic thinkers in hospitality, Inès Blal, is right to call for a more critical appraisal of the asset-light model.

Sean O'Neill | 1 year ago

Hotel Group Faith in Asset Light Model Opens Gap for Upstarts

Hotels

Wyndham Debuts Digital Tipping of Housekeepers Via Mobile App

A mobile tipping solution is a trend we welcome. Who carries small amounts of cash anymore? Plus, news in hotel deals and development worldwide.

Sean O'Neill | 2 years ago

Wyndham Debuts Digital Tipping of Housekeepers Via Mobile App

Hotels

U.S. Broker JLL Sees More Big Money Appetite for Select Service Hotels

Few people have the pulse of U.S. hotel dealmaking as does Kevin Davis of the advisory service JLL. So it's striking that he sees growing investor interest in hotels with limited amenities and staff.

Sean O'Neill | 2 years ago

U.S. Broker JLL Sees More Big Money Appetite for Select Service Hotels

Hotels

Wyndham Boosts Europe Footprint With $44 Million Vienna House Deal

American tourists aren't the only ones taking advantage of the strong U.S. dollar with shopping trips to Europe. Wyndham has now done a tuck-in acquisition that deepens its franchise portfolio in Central Europe. Another overseas deal within the year is more likely than not.

Sean O'Neill | 2 years ago

Wyndham Boosts Europe Footprint With $44 Million Vienna House Deal

Hotels

Radisson Hotel Group Isn’t Finished With Transformative Strategy

Radisson Hotel Group is nearly unrecognizable from the company it was five years ago, thanks to a strategy shift and metabolism boost. Now, turnaround artist and CEO Federico González aims to double the company's footprint by 2025.

Sean O'Neill | 2 years ago

Radisson Hotel Group Isn’t Finished With Transformative Strategy

Hotels

Wyndham’s Plan to Boost Black Hotel Ownership

Applause is due to Wyndham. The world's largest hotel franchisor is finding practical ways to reduce the friction that discourages many Black entrepreneurs from becoming hoteliers.

Sean O'Neill | 2 years ago

Wyndham’s Plan to Boost Black Hotel Ownership