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Blackstone, Starwood Capital Team Up in $6 Billion Purchase of Hotel-Operator Extended Stay

By Tina D. Thompson 1 month ago

Blackstone Group Inc.

and Starwood Capital Group have agreed to acquire hotel owner and operator

Extended Stay America Inc.

for $6 billion, a bet that a rare bright spot for the lodging industry during Covid-19 can shine brighter as the U.S. emerges from the pandemic.

The companies said details of the deal, which real-estate executives say is the largest sale in the hotel sector during the Covid-19 period, will be released Monday.

Extended Stay is a midprice hotel chain that focuses on lodging for guests interested in staying for weeks or longer, offering kitchen facilities and more space than

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Who pays for stay and how long does it last? [old]

By Tina D. Thompson 2 months ago
(Simon Calder)
(Simon Calder)

Hotel quarantine, as used since last March in Asia and Australasia, will start in the UK on Monday 15 February.

“There are still too many people coming in and out of our country every day,” said the home secretary, Priti Patel.

She has promised additional measures to reduce the number of people travelling as “a necessary step to protect the public”.

These are the key questions and answers.

What are the new UK restrictions?

Quarantine is currently mandatory for all overseas arrivals except for those from Ireland. Since 18 January, the government has insisted that each arriving traveller

… Read More

Who pays for stay and how long does it last?

By Tina D. Thompson 2 months ago
(Simon Calder)
(Simon Calder)

Hotel quarantine, as used since last March in Asia and Australasia, will start in the UK on Monday15 February.

“There are still too many people coming in and out of our country every day,” said the home secretary, Priti Patel.

She has promised additional measures to reduce the number of people travelling as “a necessary step to protect the public”.

These are the key questions and answers.

What are the new UK restrictions?

Quarantine is currently mandatory for all overseas arrivals except for those from Ireland. Since 18 January, the government has insisted that each arriving traveller presents

… Read More

Should You Stay Loyal to Your Hotel or Airline?

By 3 months ago

By Sam Kemmis

After months of crunching and recrunching data as the pandemic upended travel, NerdWallet has released its best travel rewards rankings for 2021. And, although travel in 2021 will be different from the year before, it is unlikely to be “normal” by any stretch. You may be considering whether to start — or continue — pursuing loyalty with a particular hotel or airline.

Does travel loyalty still make sense this year? Or have the normal benefits of such loyalty gone out the window with so much other conventional travel wisdom?

Although it’s as difficult as ever to

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