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Industry Leaders Call for Realistic Pricing

The Clancy Hotel in San Francisco recently sold for $115 Million – Image Credit Marriott International    Visit The U.S. hotel market is experiencing a slowdown in sales due to a significant gap between seller expectations and buyer willingness, according to industry experts at the Lodging Conference in Phoenix. Executives emphasized the need for sellers to […]
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462-Room Crowne Plaza/Staybridge Suites Hotel in Atlanta Sold

Crowne Plaza/Staybridge Suites Hotel – Image Credit Hodges Ward Elliott    Hodges Ward Elliott has completed the sale of the 462-room Crowne Plaza/Staybridge Suites located in Midtown Atlanta. Hodges Ward Elliott has announced the completion of a transaction involving the sale of the dual-branded Crowne Plaza/Staybridge Suites in Midtown Atlanta. The firm represented an institutional seller […]
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The Budget Paradox: Why Do Hotels Cap Direct Booking Budgets but Give OTAs Unlimited Spend?

The Budget Paradox: Why do Hotels Cap Direct Booking Budgets but Give OTAs Unlimited Spend? – Image Credit Unsplash+    Most hotels fund their distribution channels in a way that doesn’t add up They cap annual budgets for direct bookings — their most profitable channel. Meanwhile, they give Online Travel Agencies (OTAs) Online Travel Agencies (OTAs […]
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Insights from HVS Asia Pacific Hospitality

Hotel JAL City Nagoya Nishiki – Image Credit Okura Nikko Hotels    Weekly Hotel Industry Asia Pacific News Roundup from HVS KDXR Acquires Hotel JAL City Nagoya Nishiki for JPY7.42 Billion in Nagoya, Japan Kenedix Real Estate Fund Management, Inc., the asset management company of Japan-based KDX Realty Investment Corporation (“KDXR”), has acquired the 216-key Hotel […]
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Asia Pacific’s Culinary Scene Embraces Luxury Comfort and Sensory Dining, Marriott Study Shows

Asia Pacific’s Culinary Scene Embraces Luxury Comfort and Sensory Dining, Marriott Study Shows – Image Credit Marriott International    Marriott International’s Future of Food 2026 report highlights a shift towards comfort-driven luxury and local culinary traditions in Asia Pacific’s dining scene. Marriott International recently released a comprehensive report titled “The Future of Food 2026,” which delves […]
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Monomoy Property Ventures and Axonic Capital Acquire 590 West Peachtree Street in Atlanta; Plans Conversion to Flagship Marriott Brand

Rendering of the Marriott Atlanta Hotel to open in 2027 – Image Credit Monomoy Property Ventures    Monomoy Property Ventures (“Monomoy”), a real estate investment firm specializing in high-value hospitality and mixed-use assets, and Axonic Capital, a real estate-focused investment manager, have acquired 590 West Peachtree Street—currently operating as Crowne Plaza Atlanta Midtown. The property will undergo a […]
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