L+R Doubles Down on Hotels as Institutional Capital Shifts Toward Specialists
Real estate investor L+R is reorganizing around hotels, betting that specialist operators can outperform generalist funds as institutional capital becomes more selective.
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Real estate investor L+R is reorganizing around hotels, betting that specialist operators can outperform generalist funds as institutional capital becomes more selective.
Kayak co-founder Steve Hafner is stepping down as CEO after more than two decades, as the travel search platform enters a new phase shaped by AI and product innovation.
Qantas is set to sell its entire stake in Jetstar Japan, marking another step in the airline’s strategy to refocus on its core Australian brands.
Sandals Resorts has introduced its “Suiteheart” Valentine’s Day sale, offering couples significant savings and exclusive perks at select Caribbean resorts through 2027.
MSC Cruises is set to invest an estimated $450 million in a new cruise pier complex and beach club in Freeport, aiming to boost cruise tourism and economic activity on Grand Bahama Island.
Smithsonian Journeys has revealed its 2027 lineup, featuring global cultural itineraries, immersive long stays and three dedicated trips timed to the total solar eclipse.
Czech-based online travel agency Kiwi has announced a new round of layoffs affecting around 250 employees as it continues to restructure its business after several challenging years.
Royal Caribbean Group closed 2025 with some of the strongest booking weeks in its history, signaling continued demand growth across its cruise brands into 2026.
HX Expeditions has launched the Greenland Promise, offering travelers added flexibility and financial protection if Greenland itineraries are affected by cancellations or government travel advisories.
Peregrine Hospitality has named Heather Stege as chief operating officer, strengthening its executive team as the company accelerates growth across its hotel portfolio.