CoStar World News for Aug. 7Spanish firm buys majority stake in Greek hotelier; Blackstone prices UK’s largest CMBS sale since financial crisis; Climate risks could weigh on Europe investments
CoStar World News for July 31India partnership plans 15 hotel openings; UK law firm lease breaks regional rent record; Big sales boost French residential investment
CoStar World News for July 24Weather, global conflicts test Greek hotels; London offices capitalize on rising demand; Seine River area emerges as French logistics hub
DiamondRock closes on $1.5 billion refinancingDiamondRock Hospitality completed a refinancing and extension of its maturities to grow its credit facility by $300 million to $1.5 billion.
Buy-now-pay-later loans have been a part of the travel industry for years and continue to grow in popularity, leading more hotel companies to take notice.
During the company's second-quarter earnings call, Marriott International executives spoke about higher expectations for fourth-quarter performance as international hotel demand outpaces U.S. and Canada.
During the company's second-quarter earnings call, Marriott International executives spoke about higher expectations for fourth-quarter performance as international hotel demand outpaces U.S. and Canada.
Hotel development continues to ramp up in Egypt, where hoteliers are bracing for a twofold growth in the number of foreign tourists by 2028. But the African nation is dealing with challenges such as currency devaluation, administrative barriers and climate change.
Hotel development continues to ramp up in Egypt, where hoteliers are bracing for a twofold growth in the number of foreign tourists by 2028. But the African nation is dealing with challenges such as currency devaluation, administrative barriers and climate change.
In order to get the full picture of where Hyatt is today, it's important to take a closer look at each of the recent major milestones the company has reached.
In order to get the full picture of where Hyatt is today, it's important to take a closer look at each of the recent major milestones the company has reached.