Hints and tips:
...Spain has overtaken the UK as hotel investors’ favourite destination this year, following a series of large hospitality deals in the south European country, according to a survey by CBRE....
...The Florida-based investment group contains the remnants of Colony Capital, once a large investor in offices and luxury hotels, which was founded by Tom Barrack, an ally to former US president Donald Trump...
...Hotels were the only part of the market to see a rise in transactions. The sector has enjoyed a post-Covid resurgence in travel that has boosted dealmaking....
...The big hotel openings of 2024....
...Airfares and hotel prices, two volatile categories which can throw off the data, were both well behaved....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...A new “Guest Favorites” feature, which directs users to the 2mn best-reviewed properties on the platform, was launched in November and is aimed at luring more customers away from hotels with its quality...
...But complex manoeuvres will be needed for investors to capture much of the upside....
...They waved frantically to guests at a hotel across the street. “We finally started making . . . the S-O-S sign,” she recalled....
...After a protracted battle that lasted more than 400 days, only 69 per cent of shares were cast in favour of the deal in a vote at the city’s Shangri-La hotel....
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers....
...CPIPG’s main shareholder is Radovan Vítek, the billionaire Czech investor who began to build his wealth as Slovakia privatised assets in the 1990s....
...When a $78bn stock is priced as a growth company investors should do a double take. There is one potentially easy way to raise revenues and margins....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Comparing like-for-like between different stock markets isn’t super fair, but that’s worth about the same is InterContinental Hotels Group, another company that can pin at least some of its success on facilitating...
...says one top 10 investor....
...Five-star assets Raffles London, the lavish hotel once home to Winston Churchill’s office, underscores a new era of inflation-resistant super-luxury hospitality as foreign investors snap up trophy assets...
...Unusually for a tech chief executive, Chesky has plenty of goodwill with both customers and investors....
...“The yen is cheap and I’m afraid that investors will all of a sudden go and we’re left with an empty field.”...
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
...The uncertainty hasn’t deterred investors’ excitement....
...During the 1980s, low interest rates and a stock market bubble fuelled a Japanese buying spree of trophy US assets like the Pebble Beach golf course, Columbia Records, Firestone Tire and InterContinental Hotels...
...Additional reporting by CK Tan in Shanghai A version of this article was first published by Nikkei Asia on September 6. ©2023 Nikkei Inc. All rights reserved....
...“The majority of the hotel investments in metropolitan Milwaukee areas are fuelled by Chinese [money], mostly regional immigration centres, EB-5 programmes and some private investors,” said Wenbin Yuan,...
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