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Special Issue Archive
Indian hotel startup to launch in NYC, LA with $300M US investment
June 19, 2019 04:00PM
The Indian startup company OYO Hotels & Homes plans to invest $300 million in the United States over the next few years, the company...
Startups and hospitality giants are embracing “apartment hotels”
May 07, 2019 11:00AM
The lines between home-sharing and traditional hospitality lodgings are blurring. Startups like Domio and major hospitality companies including Marriott International are ramping up professionally...
Marriott to enter home-sharing business
April 29, 2019 08:00AM
Marriott will take on Airbnb and other home-sharing companies by starting a new home-rental business of its own. The company —which owns the Ritz-Carlton, Sheraton...
How Marriott plans to collect an extra $400M in revenue a year
March 18, 2019 08:00AM
Marriott is in expansion mode. The hotel giant plans to open more than 1,700 hotels over the next three years. The hotel company expects...
Dip in US revenue prompts shorter forecast for Marriott
November 07, 2018 12:00PM
A dip in North America revenues has prompted Marriott to slightly lower its forecast. Marriott, the parent company of brands Westin, Ritz-Carlton and Renaissance,...
Dual-branded hotel going up and up near SpaceX
March 13, 2018 02:00PM
SpaceX HQ is starting to attract attention in Hawthorne. Developers continue building near Elon Musk’s rocket and spacecraft company, with the latest plan involving...
Trump’s travel ban is hurting hotels: Marriott CEO
April 12, 2017 09:30AM
From TRD New York: Donald Trump’s travel ban is hurting the hotel industry, according to Marriott International CEO Arne Sorenson. The ban, which predominantly...
Marriott, Starwood merger on hold pending Chinese review
August 09, 2016 03:30PM
From the South Florida website: A Chinese antitrust review is reportedly holding up the merger of Marriott International and Starwood Hotels & Resorts Worldwide,...
Anbang ups Starwood offer to $14B
March 28, 2016 01:00PM
From the New York site: Anbang Insurance Group, undaunted by competition from Marriott International, further upped its bid for Starwood Hotels & Resorts, now...
Starwood accepts Anbang’s $13.2B takeover offer
March 18, 2016 10:00AM
From the New York site: Starwood Hotels & Resorts accepted Anbang Insurance Group’s $13.2 billion takeover offer with the Chinese insurance giant acquiring the...
Here are the 5 priciest resi sales in LA County last week, including a landmarked property
Bankruptcy judge denies latest attempt by The Mountain of Beverly Hills owner to avoid foreclosure
Swift profit: San Fran investment firm unloads NoHo office complex for 45% more than it paid
Multifamily development in San Pedro surges, thanks in part to Opportunity Zones
Ukrainian tycoon lists Malibu mansion for nearly twice what he paid
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