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Category: Financial


Finance and Development, Financial

U.S. Hotel Stocks Dropped 3.0% in June

July 8, 2021

Via: Hotel News Resource

The Baird/STR Hotel Stock Index dropped 3.0% in June to a level of 4,993. Year to date through the first six months of 2021, the stock index was up 9.2%. “Hotel stocks declined again in June and continued their relative […]


Finance and Development, Financial

Baird/STR Hotel Stock Index Dipped 2.8% In May

June 8, 2021

Via: Hospitality Net

The Baird/STR Hotel Stock Index dipped 2.8% in May to a level of 5,148. Year to date through the first five months of 2021, the stock index was up 12.6%. “Hotel stocks declined in May and underperformed their respective benchmarks […]


Finance and Development, Financial

Investment Giants Lobby to Avoid Antitrust Scrutiny

April 8, 2021

Via: WSJ

Asset managers are fighting a proposal from U.S. antitrust authorities to tighten scrutiny over how these firms influence the way businesses operate and, in turn, the prices of everything from airline tickets to food. In March, the asset-management industry pushed […]


Finance and Development, Financial

Investment Juice is Flowing into Travel and Hospitality Startups

March 25, 2021

Via: Hospitality Net

The industry is buzzing with news that Montreal and Boston-based travel app Hopper has just received another round of fresh funds. Capital One led this round that injects another $170M into the company, which appears to have set its sights […]


Finance and Development, Financial

As Bitcoin Surges, Will Cryptocurrency Become an Accepted Form of Payment in Travel? – PhocusWire

February 18, 2021

Via: Hotel News Resource

The wild ride of Bitcoin has dominated headlines in recent weeks. The cryptocurrency’s value stands around $50,000 for one Bitcoin this week – compared to about $10,000 a year ago and around $400 five years ago. Bitcoin is just one […]


Finance and Development, Financial, Hotels

Marriott International Expects To More Than Double All-Inclusive Portfolio In An Agreement With Sunwing Travel Group

February 9, 2021

Via: Hospitality Net

Marriott International, Inc. (NASDAQ: MAR) today announced a significant planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central […]


Finance and Development, Financial

Why Thayer Ventures is investing in hospitality

January 28, 2021

Via: Hotel Management

Thayer Ventures Acquisition Corp., a special purpose acquisition company that has invested in a range of hospitality and travel-related projects, closed its initial public offering of 17.25 million units in December at a price of $10 per unit. The company […]


Finance and Development, Financial

European Hotel Deal Volume Expected To Grow in 2021

January 19, 2021

Via: Hospitality Net

The United Kingdom’s hotel sector will show a noticeable surge in transactions outside of London as hotel-ownership balance sheets are cleaned up following the tumultuous year that was 2020, according to sources. Speaking at the 16th New Year Hotel Investment […]


Finance and Development, Financial

2021 Hotel Financing Predictions

January 8, 2021

Via: Hospitality Net

Positive Big Picture It is obvious that hotel operating performance will be much better in 2021 than 2020. It is, perhaps, less obvious that hotel lending has already begun staging a comeback that will accelerate throughout the year while continuing […]


Finance and Development, Financial, Hotels

Sunstone Hotel Investors Improves Financial Flexibility And Enhances Balance Sheet Strength

December 29, 2020

Via: Hospitality Net

Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announced today that it has completed a series of balance sheet enhancing transactions that include: extending the waiver period […]