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After company management found that they had mostly exhausted the field of desirable acquisition targets in the hotel industry, Hospitality Franchise Systems expanded into the real estate business. [12] Silverman hoped that HFS's skills at franchise management would bring success in fields outside of hospitality. [13]
CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Arlington, VA, the company has grown to include the online database CoStar and several online marketplaces, including Apartments.com and Homes.com.
Property Management Systems (PMS) or Hotel Operating System (HOS), under business, terms may be used in real estate, manufacturing, logistics, intellectual property, government, or hospitality accommodation management. They are computerized systems that facilitate the management of properties, personal property, equipment, including maintenance ...
Strategic Hotels & Resorts is an American REIT in the hospitality industry. [1] It was publicly traded on the New York Stock Exchange as BEE. [2] The company owns 18 luxury hotels, 17 of which are located in the United States and one of which is in Germany. [3]
Radiant Systems was a provider of technology to the hospitality and retail industries that was acquired by NCR Corporation in 2011. Radiant was based in Atlanta , Georgia . In its last financial report as a public company, Radiant reported revenues of $90 million and net income of $14 million in the six months ended 30 June 2011.
Motel 6 is an American chain of motels with locations in the United States and Canada. The chain was founded in Santa Barbara, California, in 1962 by William W. Becker and Paul Greene, and derives its name from the fact that rooms initially cost only six dollars.
Hospitality purchases at more than 23 % were the largest share of Hawaii's $1.93 billion commercial real estate investment in 2023, with Outrigger Hotels and Resorts' $325 million acquisition of ...
In the summer of 2017, Wyndham announced plans to acquire the Minnesota-based AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170 million. AmericInn's portfolio consisted of 200 primarily franchised hotels with approximately 11,600 rooms in 22 states, predominately in the Midwestern U ...