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⚡️ Transitioning Hotel Management Operations
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⚡️ Top Stories
 Photo: Charlestowne Hotels | Charlestowne Hotels’ COO Matt Barba Sheds Light on Smooth Takeover Processes⚡ Matt Barba, the Chief Operating Officer of Charlestowne Hotels, emphasized the importance of seamless transitions during management takeovers in the hospitality industry. Read More. |
LuxUrban Hotels Set to Unveil 2023 Financial Results⚡ LuxUrban remains poised to navigate the ever-changing landscape, fueled by innovation and strategic partnerships. Read More. |  |
🗂️ Slovak Firm BHP Acquires 50% of CPI Hotels’ Portfolio
⚡ Bratislava, Slovakia-based owner-operator Best Hotel Properties signed a joint-venture agreement with Luxembourg-based CPI Property Group and assumed ownership of 50% of an eight-hotel portfolio in the Czech Republic managed by CPI subsidiary CPI Hotels. Read More.
🏨 U.S. Hotels Show Positive Year-Over-Year Trends in First Week of March
⚡ U.S. HOTEL PERFORMANCE exhibited mostly positive year-over-year trends in the first week of March, compared to the previous week, according to CoStar. Read More.
🚀 Park Hotels & Resorts stock target raised to $24 on bullish outlook
⚡ Deutsche Bank has updated its stance on Park Hotels & Resorts Inc . (NYSE:PK), raising the price target to $24 from $23 while maintaining a Buy rating. The adjustment reflects a growing confidence in the company's potential to attract more interest from real estate investment trust (REIT)-dedicated funds. Read More.