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5 things to know: 29 March 2017

From the desks of the Hotel News Now editorial staff:

  • UK prime minister triggers start of Brexit
  • Starwood Capital partners with Shimao Property Holdings
  • La Quinta CEO speaks about possible REIT spinoff
  • Thailand’s Dusit, Japan’s Colours form joint venture
  • Trump Organization eyes second DC hotel, this time for Scion

Video: La Quinta CEO makes case for REIT spinoff

La Quinta Holdings President and CEO Keith Cline shared his company’s rationale for potentially spinning its owned assets into a real estate investment trust, and why a select-service-focused REIT would be unique.