Articles tagged “mcr development”

Stayntouch historically has been focused on independent hotels, but now it wants to take on Oracle Hospitality and sign some more big players.

Magna Hospitality Group paid $160 million to buy the Hilton-branded hotels at 150 West 48 Street from McSam Group.

MCR Hotels is taking over Manhattan’s famed Gramercy Park Hotels, with plans to reopen the shuttered property and restore it as a boutique luxury hotel.

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.

MCR is using the expertise from its growing hotel enterprise to inform the development of its own growing hotel tech companies. What better strategy to solve some of the industry's biggest problems and make money doing it?

Tyler Morse saw an opportunity to improve his favorite hotel management products, an effort that could help push the industry further into the 21st century. It’s too early to know if his bets on software acquisitions will pay off, but if early numbers and a full pipeline are indicators, so far so good.

Good morning from Skift. It's Thursday, May 12, in New York City. Here's what you need to know about the business of travel today.

It's clear that when Covid outbreak spikes diminish, travel will not revert to precisely how it was before. There will be winners and losers when cities and borders reopen.

Perhaps the big hotel chains will learn that high tech doesn't have to mean a lack of hospitality and a guest experience devoid of personality.

Recent moves by MCR, JL Capital, Indian Hotels Company, and Generator show how developers pry their hotels into built-up destinations.