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Ardent to Manage La Posada de Santa Fe

Ardent to Manage La Posada de Santa Fe

PHOENIX, Ariz.—Ardent Hotel Management Company has entered a long-term management contract with 1754 Properties, an institutional hotel investment and ownership company, to operate La Posada de Santa Fe, a Luxury Collection Resort and Spa, in Santa Fe, N.M. The contract ...

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Environmentally Friendly Techniques to Keep Pests Away

Environmentally Friendly Techniques to Keep Pests Away

Guests should never worry about pests during their hotel stay, and if you take the right approach to preventative control, they never will. Integrated Pest Management (IPM) emphasizes source reduction and considers why pests infest a facility in the first ...

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Proper Hospitality Unveils Plans for Second Hotel Brand

Proper Hospitality Unveils Plans for Second Hotel Brand

LOS ANGELES—Proper Hospitality has announced plans for its second hotel brand, Avalon Hotels, as it assumes management of the Avalon Hotel Beverly Hills and the Viceroy Palm Springs this month. The recently-formed hospitality company, which launched its Proper Hotels brand ...

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U.S. Overtakes China as Top Real Estate Investment Market

U.S. Overtakes China as Top Real Estate Investment Market

The United States has overtaken China to become the world’s largest real estate investment market, according to research published by Cushman & Wakefield. With better relative economic growth, quantitative easing, and low interest rates all continuing to encourage investors to ...

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Total U.S. Hotel Investment Tops $30 Billion

Total U.S. Hotel Investment Tops $30 Billion

In 2014, total investment in the U.S. lodging industry was an estimated $30.8 billion, reports Lodging Econometrics. Of the 1,292 hotels that were transacted, 935 reported a selling price into the public domain. The average selling price per room for ...

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