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Blackstone invested $900M into improving the chain’s real estate and converted the chain to a franchise ahead of India-based Oyo's acquisition.
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Hotel investors are treading cautiously amid rising costs and declining values and demand.
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Houston is set to surpass its all-time visitor record as Houston First works to solidify its reputation as a top megaconvention host city.
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High rents promised by Sonder will be difficult to match in today's market.
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Nearly one-third of survey respondents say they are delaying new projects.
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Keith Barr is tasked with improving the customer omnichannel experience and increasing used car sales as CarMax attempts to fend off competition from Carvana.
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Modular builds are taking CRE to new heights, prevailing as one of the smartest ways to build, according to Stack Modular Vice President Konstantin Daskalov.
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The Congressional Budget Office estimates roughly $11B in gross domestic product was permanently lost during the shutdown.
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Wyndham also reported RevPAR drops of 5% in Latin America and 10% in China.
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The Virgin Hotel in New Orleans was appraised at less than half its previous value and is now being sold.
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