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Hotels
The story of how Nik Feldman, 29, opened his first hotel tells a bigger narrative about the sector, too.
Leslie Barrie | 9 months ago
While other hotel groups shed assets, Loews keeps buying more. While others shy from convention businesses, Loews bets on big groups. When everyone is going one way, it opens up an opportunity for others to exploit contrarian paths.
Sean O'Neill | 9 months ago
Hotel asset managers can be specialist advisors and go-betweens for owners and operators. As the asset-light model and third-party management spread in Asia Pacific and beyond, asset managers will gain influence as strategic allies.
Spain-based hotel group Melia has been looking for partners to grow, and it may have found one in the Abu Dhabi Investment Authority.
Sean O'Neill | 12 months ago
Will a slowdown in bank lending lead to weakened hotel development for Wyndham? The world's largest hotel franchisor doesn't expect a problem, and it makes plausible arguments about why.
News Blog
Overseas buyers have made up nearly half of the recent investment in Japanese hotels because of the yen's relative weakness to other currencies, Japan's lower interest rates compared to rates in many other major countries, and a rebound in international tourism. Bloomberg News reported the following striking statement: "Overseas buyers were responsible for 47% of…
Sean O'Neill | 1 year ago
Airport hotels can become lively attractions in their own right. Hotels can sell five-hour stays as easily as 24-hour stays. Not every hotel has to be sold via online travel agencies, MCR Hotels CEO Tyler Morse said.
Goldman Sachs has a couple of notable hospitality investments. Plus, other highlights from the week's news in hotel deals and development worldwide.
For the next few years, properties that deliver a differentiated experience will benefit because there is more demand than supply, hotel investors say.
Short-Term Rentals
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.
Sherry Sun | 1 year ago