• Issue 1065

Hyatt portfolio sale

 

Lone Star has agreed to buy 38 Hyatt hotels for USD590m. The deal covers Hyatt Place and Hyatt House properties across the US, totalling 4,950 rooms.

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Rezidor links with Aeroflot

 

Carlson Rezidor is partnering with Russian airline Aeroflot, linking their reward programmes. Frequent flyers will earn miles for Radisson Blu and Park Inn stays.

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Room Mate adds apartments

 

Room Mate Hotels has launched a new brand, BeMate, to provide apartments with a hotel-like service. The group has 2,500 apartments in 10 cities across Europe and the US, close to a partner hotel.

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Northstar USD1.1bn buy

 

Northstar Realty is buying around 50 Marriott and Hilton hotels in a USD1.1bn deal. The portfolio includes extended stay and select service hotels across 21 US states, reports the Wall Street Journal.

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Airbnb to pay taxes

 

Accommodation sharing service Airbnb is to start collecting hotel taxes. A deal with San Francisco regulators will see it paying over 14% hotel tax from October, reports Cnet.

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