Danny Meyer’s Union Square Hospitality Group has opened restaurants in some unexpected places. The New York-based group has branches in a baseball stadium, a museum and a 6-acre park in Manhattan’s ...
The amenities of a hotel have consistently played a key role in supporting hotel guest services, but as an ever-increasing number of travelers today seek more from a hotel than just a place to sleep, ...
Hotel demand is very high in Italy. Pictured, a crowd around the Trevi Fountain in Rome. Photo Credit: Nicole Edenedo European hotels turning away group business in favor of more lucrative FIT ...
Christie & Co said that the ‘tide is turning’ for hotel operators and market conditions may prompt operators to take equity stakes in hotels previously operated under management contracts. The retail ...
M&A activity in the hotel operator sector continues to gain momentum globally. Strategic buyers have closed a number of recent high-profile transactions, such as Hyatt’s acquisition of Playa Hotels & ...
Hotel operator MCR has sold a 100-room Bucks County Residence Inn for $22.1 million, almost $8 million more than it paid less than six years ago. The price works out to $221,000 per room, or in hotel ...
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