Oyo draws $5M from Microsoft, pegging value at $9.6B
Microsoft has made a $5 million investment in Oyo that values the Indian lodging startup at $9.6 billion, just shy… Read More »
Legendary Capital uses UPREIT for Texas hotel purchase
Legendary Capital has sponsored the acquisition of a Hilton Garden Inn location in Houston through an umbrella partnership REIT transaction…. Read More »
Calif. commercial center, unfinished hotel on block
A nearly built hotel that’s involved in bankruptcy proceedings has gone up for sale along with an adjacent major mixed-use… Read More »
Urban Catalyst plans hotel, housing high-rise in Calif.
The San Jose, Calif., Planning Commission has authorized Urban Catalyst to build a TownePlace Suites by Marriott location, a project… Read More »
Questions loom over New Orleans’ hotel tax measure
The New Orleans City Council on Thursday left a hotel exemption in place as it reinstated an expired sales tax… Read More »
Fla. airport makes expansion plans
Sarasota-Bradenton International Airport is planning major renovations that include expanding the passenger terminal and new facilities for car rentals and… Read More »
Bald eagle is a Southwest Airlines frequent flyer
One of Southwest Airlines’ frequent flyers can actually fly: a bald eagle named Challenger who flew between Houston and Nashville… Read More »
American to fly from Philadelphia to Jamaica’s capital
American Airlines, which has spent over four decades flying passengers to Jamaica, will expand this service when it launches direct… Read More »