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Mid-Market Brands Led Hotel Sales in 2017

According to the recent U.S. Transaction Trend Report from Lodging Econometrics, major mid-market brands had the highest U.S. hotel sales volume in 2017. The data is based on sales with a price reported into the public domain. The Hilton brands with ...

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Six U.S. Markets with the Most Hotel Sales in 2017

According to analysts at Lodging Econometrics, through the end of 2017, the U.S. markets with the largest number of hotels with selling prices reported into the public domain were: Orlando with 21 hotels and an average selling price per room ...

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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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