Marriott CEO: Expect “tens of billions in Chinese investment” in US hotels (The RealDeal, 6/6)
If there’s one person who knows a thing or two about the impact of growing Chinese interest in U.S. hotels, it’s Marriott International CEO Arne Sorenson. Earlier this year, Sorenson came close to losing a bidding war over Starwood Hotels & Resorts to Chinese insurer Anbang Insurance Group – and he expects more to come.
Caribbean Destinations Continued Arrivals Growth Trend In Early 2016 (Travelpulse.com, 6/3)
Caribbean Tourism Organization (CTO) officials on Thursday issued first-quarter visitor numbers that add up to continuing growth for the region’s destinations following a strong 2015.
Diversifying the portfolio with real estate investments (InvestmentNews.com, 6/7)
But investors continue to sit on the sidelines, still spooked by the tumble in real estate values during the financial crisis and failing to realize that prices have not only fully recovered