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Puerto Rico Devastated by Hurricane Maria

Yesterday morning, Hurricane Maria made landfall on Puerto Rico’s southeastern coast as a Category 4 storm. It lingered for 10 hours, knocking out power and water for the entire island, which has yet to be restored. Puerto Rico is also ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Paul Sacco will expand RLH Corporation’s upscale portfolio as the company’s new chief development officer for upscale brands and corporate development. Sacco’s focus will primarily be on the Hotel RL brand. Sacco was president and chief development officer for TPG ...

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Associated Luxury Hotels International Adds Five Members

Associated Luxury Hotels International Adds Five Members

ORLANDO, FL–Associated Luxury Hotels International (ALHI) has added five new members in the U.S. West to its worldwide portfolio of 250 luxury and upper-upscale hotels and resorts. These include the newly renovated, 120-room Loews Hotel 1000 in Seattle, Wash.; the ...

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Law Firms Partner To Represent Hurricane-Damaged Hotels

Law Firms Partner To Represent Hurricane-Damaged Hotels

Two law firms with experience in the lodging industry are teaming up to support hotel owners in the wake of massive destruction caused by flooding and winds from hurricanes Harvey and Irma. Texas-based Patel Gaines and Florida-based Farrell & Patel ...

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Hotel Capitalization Remains Strong

COLUMBUS, Ohio—U.S. Realty Consultants, Inc. has released its Mid-Year 2017 Hotel Investor Survey, which shows strength and stability in the hotel sector, but with a dose of caution regarding future growth. Discount rates were largely flat since the last survey ...

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