I write for @Hotel_News_Now for a living. I worked at a couple newspapers before that.
Cleveland, OH
Joined July 2015
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Sean McCracken retweeted
On this episode of the @Hotel_News_Now podcast, @HNN_Sean talks to @STR_Data's Jesper Palmqvist about demand and rates in the Asia-Pacific region. bit.ly/4b6n2x8
Sean McCracken retweeted
Must check out the photos!
Originally built in 1888, the Hotel Del Coronado is one of the most iconic hotels in both California and the entire U.S. The property is now entering the final stages of a yearslong, $550 million development funded by owner Blackstone Real Estate.
costar.com/article/573210293…
Sean McCracken retweeted
Interesting story in the #hospitality sector. @ChoiceHotels offers to acquire @WyndhamHotels for $9.8 billion, but the offer was rejected because #Wyndham found it to be “underwhelming.” Story here: costar.com/article/190475590… – at Houston, TX
This story has been updated to note Wyndham considers Choice's offer both "underwhelming" and risky.
.@ChoiceHotels International executives are publicly offering $90 a share in combined cash and stock to purchase Wyndham Hotels & Resorts after saying @WyndhamHotels executives walked away from earlier negotiations. costar.com/article/190475590…
Wyndham stock is up about 10% since markets opened this morning. I'm guessing this is related.
.@ChoiceHotels International executives are publicly offering $90 a share in combined cash and stock to purchase Wyndham Hotels & Resorts after saying @WyndhamHotels executives walked away from earlier negotiations. costar.com/article/190475590…
Sean McCracken retweeted
Background on past acquisitions, comparisons to the other big one of the last decade ... @HNN_Sean puts today's breaking news into valuable context.
.@ChoiceHotels International executives are publicly offering $90 a share in combined cash and stock to purchase Wyndham Hotels & Resorts after saying @WyndhamHotels executives walked away from earlier negotiations. costar.com/article/190475590…
Sean McCracken retweeted
Investor Interest in San Francisco Hotel Market Requires Long-Term View costar.com/article/94429455/…
Sean McCracken retweeted
Here's CoStar's deep dive into what's going on in the city of #SanFrancisco as it recovers and real estate investment opportunities emerge.
CoStar News and @Hotel_News_Now Coverage: bit.ly/3rkjAOc
The Story Behind the Story Podcast: bit.ly/3LtnXxa
Analyst Insight: bit.ly/48ilaAS
In the latest episode of the Tell Me More podcast, Jan Freitag and Isaac Collazo talk about how a recession could impact the hotel industry. Listen and subscribe.
costar.com/article/196015802…
Sean McCracken retweeted
Subscribe to our three podcasts: "Hotel News Now," home to 1-on-1 executive interviews, Next Gen in Lodging and Tell Me More: A Hospitality Data Podcast. All are available across all major podcast platforms, including Apple, Spotify and Google Podcasts.
costar.com/article/267281105…
Sean McCracken retweeted
Want in-depth #hotel industry coverage in your inbox? Subscribe to Hotel News Now's newsletters, the Daily Update (weekdays) and Europe, Middle East and Africa Update (twice a month) for the latest news, analysis, exclusive C-suite interviews and more:
bit.ly/3qgsKL8
Sean McCracken retweeted
Improving diversity within the hotel industry — and more specifically within technology positions — requires both intentionality and constant measurement of success. Check out HNN_Sean's coverage of #HITECTOR23's DEI in hospitality tech session: bit.ly/3Kbyhcu
Sean McCracken retweeted
💡 Start your Monday off right: check out some takeaways from #HITECTOR23's International Perspectives Headliner panel, courtesy of @HNN_Sean: bit.ly/3NG8vOA
Sean McCracken retweeted
#BreakingNews: Officials with Dallas-based Ashford Hospitality Trust said making required paydowns on maturing loans for 19 hotels would represent negative equity, thus forcing the REIT to return the properties to lenders.
costar.com/article/140449141…
Sean McCracken retweeted
Speakers at the 2023 HITEC Conference said hotel companies' legacy technology systems complicate their ability to quickly roll out new technologies.
costar.com/article/248611677…
Sean McCracken retweeted
Day one recap from Toronto with @HNN_Sean costar.com/article/133710850…
Sean McCracken retweeted
First Hospitality President and CEO David Duncan said there's a lot of reason for optimism with strong hotel operating metrics, but the transactions and development environment are significantly more difficult. Click the link for the full audio interview:
bit.ly/3PvTqBS
Sean McCracken retweeted
Superb insight into current hotel investment market from LIIC - Lodging Industry Investment Council @HNN_Sean @HNN_Bryan @Hotel_News_Now
Would-Be Hotel Buyers Look for Strategic Sellers costar.com/article/487081060…
Sean McCracken retweeted
Although Pandox is a Sweden-based hotel ownership platform, the company has focused more on acquisitions in other countries in recent years. Chief Commercial Officer Jonas Törner said that will soon change. bit.ly/3JrSjz9
Mission Hill picked an interesting time to launch a hotel acquisition platform. So how does a new company get deals done when the transactions market isn't flowing? CEO Greg Kennealey said it's all about relationships.
costar.com/article/130533798…