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Business + People
Anbang Insurance Group to Acquire Strategic Hotels & Resorts
Blackstone Group agreed to sell the 16-hotel portfolio for $6.5 million.
March 15, 2016
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Business + People
Rezidor Acquires Stake in Prizeotel
The move marks Rezidor’s entry into the economy market.
March 15, 2016
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Business + People
KTI Adds to Hospitality Team
Shelley Thomson was named project manager.
March 14, 2016
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Business + People
Starwood Receives Takeover Proposal From Consortium Led by Anbang Insurance Group
The takeover proposal comes in the midst of merger negotiations with Marriott International.
March 14, 2016
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Business + People
U.S. Lodging Industry Forecasted to Achieve Record Occupancy in 2016
CBRE Hotels’ Americas Research reported the findings in the March to May 2016 edition of Hotel Horizons.
March 14, 2016
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Business + People
Engagement Labs Ranks U.S. Hotels Based on Social Media Performance
Waldorf Astoria ranked first on Facebook, the Ritz-Carlton first on Twitter, and Hilton first on Instagram.
March 11, 2016
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Business + People
Sbe Hotel Group Appoints Jason Hsiang as Senior Vice President of Development
In his newly created role, Hsiang will strengthen the company’s development efforts.
March 9, 2016
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Business + People
RSP Architects Expands Leadership Team
The firm has added 8 new principals and 10 associate principals.
March 7, 2016
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Business + People
Record Amount Spent on Hotels in Europe in 2015
According to an HVS report, transaction volume totaled $26 billion, with the UK being the strongest performer.