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Destination and Tourism
Trip.com | December 22, 2022
An analysis of Trip.com travel data reveals the wish list of destinations this Christmas, chosen by European users of the global travel platform. London was the most searched for place by European Trip.com users looking for destinations this Christmas, with fellow European cities Paris and Istanbul making the top five. Trip.com's European customers also showed a desire to revisit Asia, with Bangkok and Manila being the second and fourth most searched-for flight ...
PhocusWire | February 12, 2020
Google Maps has unleashed a raft of new features as it marks its 15th birthday. The service, which Google claims has a billion users, now presents users on its Android and iOS app with five tabs: Commute, Contribute, Explore, Saved and Updates. The Explore tab helps users find nearby restaurants, attractions and landmarks by providing them with information, ratings and reviews. The Contribute tab enables users to help others by sharing local knowledge about roads and addresses around them as wel...
Business Travel
Hersha Hospitality Management (HHM) | July 14, 2022
Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm's established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets adjacent to Monarch's existing hotels at a discount to replacement cost in off-market transactions. With these acquisitions, Monarch's hospitality portf...
Hospitality Trends
Trinity Investments | December 22, 2021
An investment fund managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), announced the acquisition of a 50 percent interest in Omni San Diego Hotel from JMI Realty, who originally developed the hotel in conjunction with Petco Park in 2004. Omni Hotels & Resorts (“Omni”) owns the remaining fifty percent interest in the hotel and will continue to manage it. The acquisition also includes more than 13,000 square feet of ful...
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