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Hilton Reports Data Breach

Yesterday, Hilton Worldwide announced that its systems had been breached regarding customers’ credit and debit card payments. The company has since launched a global investigation into the matter. It is unclear how many properties were impacted, but the company suggests ...

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Global Capital Confidence Barometer Shows Improving Economy

In Ernst & Young’s 2015 Global Capital Confidence Barometer issued in October, a number of key findings were highlighted–and many responses from real estate, construction, and hospitality executives display enthusiasm for a bustling economy. In the study, 80 percent of ...

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Buccini/Pollin Enters Philadelphia Market

Buccini/Pollin has entered the Philadelphia market with a number of acquisitions, including the Omni Hotel Independence Park in Old City. Today, the company expects to close on its purchase. It will become a Renaissance next year, after completing renovations. Additionally, ...

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Airbnb Continues to Show Strength

Airbnb has raised more than $100 million in its latest funding period, reports The Wall Street Journal. The round held to the company’s $25.5 billion valuation. The company has shown several signs of growth recently, generating $340 million in the ...

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