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Building Rapport with Meeting Planners in the Digital World

Building Rapport with Meeting Planners in the Digital World

When almost every client interaction has gone digital, it’s critical to add personal rapport to every faceless communication—whether email, video chat, or texting. It’s easy to move quickly through the day firing off proposal after proposal and email after email. ...

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California Hotel Sales Slow

While California’s hotel real estate values have grown this year, the increase has dropped significantly, with larger real estate investment trusts excluding themselves from the market. Hotel sales values rose by 11.3 percent statewide, compared to the 25 percent increase ...

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IHG to Sell InterContinental Hong Kong for $938 million

IHG to Sell InterContinental Hong Kong for $938 million

InterContinental Hotels Group has agreed to sell IHG’s ownership interest in InterContinental Hong Kong to Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners, for a gross purchase price of $938 million. Supreme Key Limited ...

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DiamondRock to Sell Los Angeles Airport Marriott

DiamondRock to Sell Los Angeles Airport Marriott

BETHESDA, Md.—DiamondRock Hospitality Company has entered into a purchase and sale agreement to sell the 1,004-room Los Angeles Airport Marriott. This transaction is the result of a reverse inquiry from the same buyer who purchased the Torrance Marriott from the ...

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Hyatt Announces Sale of 38 Select-Service Hotels

Hyatt Announces Sale of 38 Select-Service Hotels

CHICAGO—Hyatt Hotels Corporation announced that Hyatt affiliates have agreed to sell 38 hotels to a company organized by Lone Star Funds for approximately $590 million. The portfolio of 38 hotels consists of Hyatt Place and Hyatt House hotels totaling 4,950 ...

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Marriott to Sell Three Edition Hotels

Marriott to Sell Three Edition Hotels

BETHESDA, Md.—Marriott International has recently entered into a non-binding letter of intent for the sale of three Edition hotels subject to long-term management agreements. The three hotels (located in London, Miami Beach, and Manhattan) are currently owned by Marriott and ...

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