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CoStar Group to buy STR, global leader in benchmarking and analytics for hospitality industry

Circa $450m transaction enables CoStar to provide comprehensive and precise data and analytics on the $3trn hotels asset class
By CoStar Group
October 1, 2019 | 1:50 P.M.

CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, is set to buy STR, the global leader in benchmarking and analytics for the hospitality industry, for $450m in cash.

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