Tag: news in brief
Millennial Tastes Alter Hotel Experience
Now that millennials outnumber baby boomers, many hospitality companies are redesigning properties, introducing new technologies, and creating brands to appeal to this increasingly influential...
Washington, D.C. Fights Airbnb
Representatives from the local workers union in Washington, D.C., are rallying to push forward a bill that would impose strict regulations on Airbnb. However,...
Blackstone Group Sells London Hotel for $382 Million
Blackstone Group has sold the London Hotel in Midtown to a sovereign wealth fund for $382 million, reports the New York Post. The transaction...
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...
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,...