Hotel Data Giant STR Acquired for $450 Million

Source: Travel News

Park Central Hotel New York  / Facebook

Park Central Hotel New York. Park Central Hotel New York / Facebook

Skift Take: Data and analytics are not just vital in the contemporary hospitality ecosystem, but also big business. CoStar's acquisition of STR shows the overlap between traditional commercial real estate and the global hotel market.

— Andrew Sheivachman

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Hotel Data Giant STR Acquired for 0 Million