CoStar World News for Jan. 30Firm looks to acquire New Zealand hotel operator; London office investments off to strong 2025 start; Developer plans sustainable French logistics park
Lenders take majority ownership of Aimbridge in debt restructuring dealAimbridge Hospitality has reached a new deal with its lenders, giving majority ownership of the company to its first lien lenders to convert more than $1.1 billion in debt to equity and receive an infusion of $100 million.
Mocktails, non-alcoholic drinks can elevate experiences for many hotel guestsIn this HNN podcast, Karl McElligott, food and beverage director at Olympia Hospitality, talks about the growing popularity — and number of options — of zero-proof drinks that give guests more options when dining or having a night out.
The CEOs of major hotel brand and management companies speaking at the Americas Lodging Investment Summit said they believe the new Trump administration can benefit the hotel industry, but they're hoping it will focus on economic growth.
Europe's events calendar in 2025 stands little chance of mirroring that of 2024, which included the Olympics in Paris and the European Football Championships across Germany.
Europe's events calendar in 2025 stands little chance of mirroring that of 2024, which included the Olympics in Paris and the European Football Championships across Germany.
Former Aimbridge Hospitality President and CEO Mike Deitemeyer is joining hotel owner, developer and operator Rockbridge Holdings and will lead its luxury lifestyle hotel development.
Former Aimbridge Hospitality President and CEO Mike Deitemeyer is joining hotel owner, developer and operator Rockbridge Holdings and will lead its luxury lifestyle hotel development.