CoStar buys STR for $450M

Well, what do you think? Is this good or bad for hoteliers? First glance I think this is a good move for CoStar to branch into a different asset class. On the other hand, I liked that STR was family owned. Does it now become too clunky being absorbed by a bigger conglomerate or RE market research tools?

 

Be careful.. the CoStar thought police are onto you. Really trying to be big brother for all CRE information.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 
Funniest

The other day I sat down at the table and just as I was about to take my first bite I got a push notification from Co-Star on my cell phone, asking me if I said my prayers yet and verified my identity to jesus.

 

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