CoStar Group Inc. (NASDAQ: CSGP) has agreed to acquire STR, formerly Smith Travel Research, for $450 million in cash, growing its ever-expanding reach to the global hospitality industry. Hendersonville, Tennessee-based STR aggregates data from more than 65,000 hotels worldwide, D.C.-based CoStar said in a release, distributing 1.2 million reports monthly as the “gold standard in the global hospitality industry for premium data analytics, performance benchmarking and market insights.” “In…
from https://www.bizjournals.com/baltimore/news/2019/10/01/costar-divesinto-the-hotel-data-space-with-yet.html?ana=RSS&s=article_search
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