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Craig Karmin

Craig Karmin

Real Estate bureau Chief and Editor at The Wall Street Journal

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Location
United States
Covering topics
  • Real Estate
Languages
  • English
Influence score
68
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Craig Karmin
wsj.com

Hyatt Hotels Acquires Miraval Group Resort Operator for $215 Million

Hyatt Hotels has acquired the resort and spa company Miraval Group for $215 million, in a transaction that shows how Hyatt is trying to compete against larger rivals by focusing on more affluent guests.
wsj.com

Room for Improvement? New Hotelier Tests an Algorithmic Pricing System

With its first hotel in Miami, the boutique lodging operator Life House is experimenting with a pricing system that uses an algorithm to set a different room rate and tailor promotions for each guest based on a variety of personal information.
wsj.com

WSJ News Exclusive | China’s Anbang to Sell U.S. Hotels for More Th...

China’s Anbang agreed to sell luxury hotels for more than $5.8 billion even as a California individual had secretly created a series of fake deeds to transfer ownership for up to a half-dozen of the properties.
wsj.com

Developer Is Updating Historic Seagram Building With New ... - The ...

Developer Aby Rosen is creating the Seagram Playground, a 35,000 square-foot enclosed area underneath the building’s plaza that currently serves as a parking garage.
wsj.com

Royalton Hotel’s New Owner Says Days of Velvet Rope Are Over

The recent sale of the Royalton, once one of the country’s original boutique hotels, in midtown Manhattan marks the end of an era. At least, that’s how its new owner, Tyler Morse, sees it.
wsj.com

New York Hotel Owners to Pay $500 Million to Pandemic-Hit ... - The...

An arbitrator’s recent ruling is a victory for tens of thousands of unemployed workers and a fresh setback for cash-strapped property owners.
wsj.com

WSJ News Exclusive | Blackstone Selling Vegas Casino, Firm’s Most P...

Total profits after the sale would be about $4.1 billion, including cash flow from the property’s operations.

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wsj.com

WSJ News Exclusive | Four Seasons Hotel in Napa Selling for Near Re...

Sunstone Hotel Investors agrees to pay about $175 million for the 85-room luxury hotel.
wsj.com

Classic Waldorf Hotel to Be Gutted, Up to 1,100 Rooms Turned Into C...

The Chinese acquirer of the Waldorf Astoria is finalizing plans for an extensive overhaul that would shut the landmark New York hotel for up to three years and convert as many as three-quarters of its rooms into private apartments, people familiar with the matter said.
wsj.com

Your Next Airbnb Host Could Be a Private-Equity Firm - WSJ - The Wa...

TPG’s purchase of single-family homes in Florida, which it rents out nightly, shows how travel habits are evolving
wsj.com

Florida Developers Head West With $1 Billion Ski-Town Project - The...

Four Seasons hotel and condo resort is planned for Telluride, Colo.