CoStar World News for June 12Sustainability drives Australian hotel lending; UK Chancellor bets big on affordable housing; French retail real estate rebounds
Lack of conviction among buyers slows US hotel deals paceHotel deals haven't taken off this year as previously expected due to economic uncertainty driving would-be buyers to pull back, which is affecting the bid-ask spread along with stressed sellers motivated to sell.
Results from the latest summer travel survey conducted by Deloitte in March and April indicate that U.S. summer leisure travel might look a little different this year.
Results from the latest summer travel survey conducted by Deloitte in March and April indicate that U.S. summer leisure travel might look a little different this year.
Hyatt Hotels Corp. has officially closed the $2.6 billion deal to acquire Playa Hotels & Resorts, which includes 15 Playa-owned all-inclusive resorts in Mexico, the Dominican Republic and Jamaica.
Hyatt Hotels Corp. has officially closed the $2.6 billion deal to acquire Playa Hotels & Resorts, which includes 15 Playa-owned all-inclusive resorts in Mexico, the Dominican Republic and Jamaica.