Articles tagged “hotel investments”

Short-Term Rentals

Vacasa Slashes Workforce and Other Top Stories This Week

In Skift's top stories this week, Vacasa makes another round of layoffs, Accor's CEO defends its major corporate overhaul, and more Americans plan to cut travel spending.

Vacasa Slashes Workforce and Other Top Stories This Week

Hotels

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year

When every investor in a sector says they're "cautiously optimistic," watch out.

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year

Hotels

What to Expect From U.S. Hotel Dealmaking in 2023: Trophy Sales and Trauma

The hotel industry revival is apparent everywhere except in sales volume for hotel assets. Expect the relative lack of dealmaking to continue for at least a few more months — perhaps longer.

What to Expect From U.S. Hotel Dealmaking in 2023: Trophy Sales and Trauma

News Blog

Global Hotel Investment Volume Decelerated in 2022

While 2022 was a post-pandemic boom year for hotel demand in much of the world, total global hotel investment volume decelerated slightly to $71.9 billion, a decline of 2 percent relative to 2021. The relative lack of outbound Chinese hotel investment, the Russian war in Ukraine, and recessionary pressures in several markets tamped down the…

Hotels

The Standalone Lifestyle Hotel Management Company That Won’t Be Rolled Up

Sage Hospitality is going it alone as it bets on lifestyle independent hotels while its peers sell out to bigger players or plan to go public. This strategy is either very sage or very dumb.

The Standalone Lifestyle Hotel Management Company That Won’t Be Rolled Up

Hotels

Bode and Drift Hotel Brands See Group Travel as Trend With Legs

Small groups, such as wedding parties, want to mingle, but most hotels don't make it easy. Meanwhile, vacation rentals often lack professional hospitality services. So many group travelers are seeking better lodging options.

Bode and Drift Hotel Brands See Group Travel as Trend With Legs

Hotels

European Hotel Leaders Expect More Distressed Sales

What's ahead for hotel investment in Europe? A survey of more than 100 hotel leaders points to both risks and a window for opportunistic acquisitions.

European Hotel Leaders Expect More Distressed Sales

News Blog

Singapore Sovereign Wealth Fund to Buy Majority Stake in Resort Group Valued at $2.2 Billion

The Government of Singapore Investment Corporation has acquired a majority stake in Sani/Ikos Group, a luxury beach resort group in the Mediterranean, for an undisclosed amount. The transaction that is expected to close in the fourth quarter of 2022, subject to regulatory approval, values the Mediterranean-based luxury resort operator at $2.27 billion. U.S.-based Oaktree Capital…

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.

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

Hotels

Urban Hotel Owners May Look to Sell Over Property Upkeep, Swelling Debt

For hoteliers in slow-to-rebound U.S. markets, forced sales will be more likely as costs and debts rise. That's one of a few insights from the top boss of First Hospitality, which is an active owner and manager.

Urban Hotel Owners May Look to Sell Over Property Upkeep, Swelling Debt