Hospitality Archives | Page 15 of 15 | CREtech

Selina CEO says $60M in funding will get startup through crisis. Selina, a London-based hotel and co-working company backed by Adam Neumann, has reportedly raised some $60 million in financing

As we cross the 45-day mark since the COVID-19 health crisis emerged in the U.S., the immediate impacts on the PropTech industry have crystallized. Real estate operations have changed in fundamental ways – office spaces have been vacated; warehouse and distribution centers have continued operations but supply chain issues and employee health concerns are prevalent; retailers, other than the limi...

A deal between Airbnb and RXR Realty that was touted as a “21st-century hospitality model” will never see the light of day. The short-term rental giant and the landlord are pulling the plug on a 10-floor residential rental conversion at 75 Rockefeller Plaza, according to Business Insider. The companies said last year that they would bring 200 hotel-style units to the 33-story office tower.

On Wednesday, April 22, Walker & Dunlop’s Chairman & CEO, Willy Walker, hosted our Walker Webcast with the CEO of Starwood Capital Group, Barry Sternlicht. Willy and Barry discussed the CRE market’s performance, touching on asset class performance across Starwood’s vast holdings and investments, the path forward for our country and economy, and where and when investment opportunities...

It’s a concept that feels far off in a city like New York, but it’s a daily consideration for the leaders of flex-office companies, who are trying to reshape their businesses to reach the next wave of workers — a cohort likely to be hyper-alert about density and sanitization.

Starwood Capital Group, a private investment giant with over $60B in assets under management, is actively searching for buying opportunities amid the coronavirus pandemic, Sternlicht, who serves as chairman and CEO, said Wednesday.

Cushman & Wakefield’s Netherlands branch has drawn up a workplace concept meant to maintain the social distancing measures that are likely to stick around for a while — either formally or informally — after the immediate threat of coronavirus subsides.

There is increasing confusion over the future of short-term private accommodation rental brand Stay Alfred. The U.S.-based high-end property platform suspended operations at the beginning of April, as the coronavirus outbreak took a firm grip on cities across the country and travelers were urged to stay at home.