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⚡️ Hotels Filling Fast for Solar Eclipse

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Peter Lohmann's NewsletterThe business of residential property management.

⚡️ Top Stories

⚡ As the countdown to the celestial extravaganza, the total solar eclipse, ticks away, anticipation surges in central New York. Thousands of eager spectators are set to flock to Syracuse, transforming the quiet streets into bustling avenues of excitement. Read More.

⚡ Dallas-based Omni Hotels & Resorts disclosed that it fell victim to a cyberattack, prompting a shutdown of its systems last week. The company has made significant strides in restoring its operations since the attack occurred on Friday. Read More.

⚡ Paris has taken the lead in European hotel transactions, fueled by a €874 million investment surge, marking a significant 90% increase from 2022, with investors capitalizing on prime assets ahead of the 2024 Olympics. Read More.

⚡ The U.S Department of Justice is intensifying its investigation into algorithmic price-fixing effects on consumers, particularly in industries like hospitality, as evidenced by the recent joint statement of interest filed by the Federal Trade Commission and the Justice Department’s Antitrust Division in the Cornish-Adebivi v. Ceasar’s Entertainment case in the District of New Jersey. Read More.

⚡ Hotelogix and Sabre Corporation have partnered to integrate Hotelogix Property Management System with Sabre SynXis Central Reservation System, enhancing hoteliers' distribution and reservation capabilities to boost revenue. Read More.

⚡ IHG Hotels & Resorts, one of the world's leading hotel companies, is proud to announce the signing of Voco Seoul Myeongdong in partnership with Gravity Asset Management's Seoul South Gate Hotel Operations Company and Hotel HDC Co., Ltd. Read More.