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Hyatt to acquire Apple Leisure Group in $2.7b deal

by Andrea Zander | Aug 16, 2021

Hyatt Hotels Corp. has entered into a definitive agreement to acquire Apple Leisure Group, a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash.
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Cushman & Wakefield: Urban core joining multifamily surge

by Andrea Zander | Aug 13, 2021

Cushman & Wakefield releases report covering how urban multifamily properties in the United States are performing mid-year 2021. Key findings include: Concessions are falling and occupancies and rents are rising across the nation. Among urban core counties, revenue per available square foot (RevPAF) has recovered the most in class B and C product categories, the […]
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Traveling to decrease, hotel CEOs remain optimistic

by Andrea Zander | Aug 12, 2021

The pent-up demand from U.S. travelers, as well as the easing of travel and other restrictions, has allowed for renewed interest in travel and tourism, with families embarking on long-delayed trips, and businesses scheduling in-person meetings again.
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U.S. hotel sector transaction volume rebounds

by Andrea Zander | Aug 11, 2021

After four consecutive quarters of year-over-year decline, commercial real estate investment volume in the United States rebounded strongly in the second quarter.
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