Hotel Deal Challenges, Flight Cancellations and Oyo’s Couples Ban

Good morning from Skift. It’s Tuesday, January 7. Here’s what you need to know about the business of travel today.

The U.S. hotel transaction market is currently hot for luxury properties. But that’s not the case for mid-size properties, reports Senior Hospitality Editor Sean O’Neill.

Dan Peek, an executive at hotel brokerage firm JLL, said hotels worth below $50 million and over $250 million are finding buyers. However, O’Neill writes the heart of the hotel transaction market — full-service hotels worth between $50 million and $250 million — is essentially frozen. 

Peek said one reason the market has dried up for mid-size hotels is that they often need…