Hospitality Archives | Page 6 of 15 | CREtech
In Proptech (both commercial and residential), accurate and robust address data is essential to effectively doing business. However, across the board, companies are challenged with finding an effective strategy for organizing and consistently cleansing, connecting, and enriching address data.
A D.C.-based startup that turns underutilized restaurant and hotel space into flexible workspaces has raised its seed funding round. WorkChew announced Wednesday it raised $2.5M in a funding round to help it expand across the country.
Sonder, the well-heeled startup that rents furnished rooms by the night, plans to reopen the Flatiron Hotel in April. The hotel, at 9 West 26th Street, will ...
The badly battered lodging business is stirring to life, roused by hotel owners and investors betting that bookings will pick up when Covid-19 vaccines become widespread and more Americans itch to travel again.
Blackstone Group Inc. and Starwood Capital Group have agreed to acquire hotel owner and operator Extended Stay America Inc. for $6 billion, a bet that a rare bright spot for the lodging industry during Covid-19 can shine brighter as the U.S. e...
EG are looking for real estate experts in technology worldwide who want to showcase their transformative work from the last 12 months. Entrants will be judged by a panel of the most senior influencers in real estate.
New York, NY (March 10, 2021) — CREtech (cretech.com), the largest media company devoted to covering the real estate technology sector, announced today that Mark Grinis, Global Real Estate, Hospitality & Construction Leader at
Solon, Ohio – March 4, 2021 – MRI Software, a global leader in real estate software, announces that it has acquired New Zealand-based WhosOnLocation, which provides an integrated solution that empowers organizations to address workplace safety and security needs. An en...
Despite the luster of its eye-popping IPO, Airbnb reported a $4.6 billion net loss in 2020 in its first earnings report as a public company. The hospitality startup, which is banking on a travel rebound, generated $3.4 billion in revenue last year, a 30 percent year-over-year decline.
Greenwich and Miami Beach-based Starwood reported $107 million in fourth quarter 2020 earnings, or 37 cents per share, down 38 percent from the same period in 2019. The REIT reported $290.6 million in revenue for the fourth quarter, up 1.5 percent from $286.4 million in the same period of the previous year