Hotels

Keystone has partnered with Concord Hospitality Enterprises to develop and operate the 127-room boutique hotel.

Average daily rates have been on a tear, going higher than the pre-Covid period.

The company will try to expand its HVAC efficiency technology business.

Watermark sells Marriott at 20% loss, second NYC hotel it has unloaded this year.

Four Seasons in Jackson Hole, Scottsdale and Montage in CA were part of portfolio acquired from Blackstone.

The software targets boutique hotels and short-term rentals.

Short-term rental player aims to have 3,000 units under management by end of year.

Changes to Chairman, President, and Chief Executive Officer roles