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Search results for “Essex House Hotel”
Chinese company aims to sell 3 US resorts for $1.3 billion
09/28/2022
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3:57:56 PM
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Dajia Insurance is trying to capitalize on a surge in travel.
China’s Anbang puts a $5.5 billion luxury hotel portfolio on the block
08/21/2018
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10:14:16 AM
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As Anbang looks to raise cash more rapidly, the insurer has decided to sell the entire portfolio of about 15 hotels.
UK investor group makes move for Anbang’s luxury hotel portfolio
07/10/2019
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5:59:41 PM
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Anbang bought the properties’ owner, Strategic Hotels & Resorts Inc., from Blackstone Group LP for about $6.5 billion in 2016.
Anbang hires Bank of America for luxury hotels sale
11/21/2018
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12:14:30 PM
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The portfolio includes the Westin St. Francis in San Francisco, the Loews Santa Monica Beach Hotel, the Fairmont in Chicago and Essex House Hotel in New York.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018
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10:51:01 AM
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Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
Hotel industry to see more consolidation
06/07/2016
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2:44:57 PM
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Blackstone Group's senior executive Jon Gray expects sale of Strategic Hotels to Anbang to go through.
iPad starting to find its way into hotel services
08/24/2010
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9:25:51 AM
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Just three months after its launch and hotels are figuring out how the Apple iPad can be used to enhance existing services beyond just booking and content.
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