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ABODA acquired by Westbridge Capital

Posted on Thursday, December 7 2017

Westbridge Capital, a private equity management company, has acquired an indirect controlling interest in Seattle-based provider ABODA, Inc.

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Wyndham’s European vacation rental business could sell for $1 billion

Posted on Thursday, December 7 2017

Wyndham Worldwide could receive bids of more than $1 billion from buyout firms for its European vacation rentals business, according to the Wall Stree…

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Rented.com launches $125 million fund

Posted on Thursday, December 7 2017

Rented.com has launched Rented Capital, a $125 million fund “dedicated to accelerating the growth of the rental property market”.

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Hilton opens dual-branded property in Long Beach

Posted on Tuesday, December 5 2017

Hilton has brought its Homewood Suites and Hampton Inn brands together at its latest Southern California property.

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G6 Hospitality opens Texas extended stay property

Posted on Friday, December 1 2017

G6 Hospitality has opened its latest Studio 6 location in Plano, Texas.

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Siegel Group buys Albuquerque property for extended stay portfolio

Posted on Friday, December 1 2017

The Siegel Group Nevada, Inc., has acquired a 244-unit hotel property in Albuquerque, New Mexico, for $4 million.

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Hilton opens Las Vegas and Milwaukee Homewood Suites properties

Posted on Monday, November 27 2017

The latest additions to Hilton’s All Suites extended stay portfolio are in Las Vegas and Milwaukee.

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Homesuite rebranded as 2nd Address

Posted on Thursday, November 16 2017

San Francisco-based corporate housing provider Homesite has changed its name to 2nd Address.

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Airbnb hits $1 billion in Q3 revenue

Posted on Thursday, November 16 2017

Airbnb doubled its net revenue in Q3 to around $1 billion as it builds towards an expected IPO.

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Chatham Lodging Trust commences public share offering

Posted on Tuesday, November 7 2017

Chatham Lodging Trust, an investor in extended-stay and select-service hotels, has commenced an underwritten public offering of 5,000,000 common share…

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