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Vimana Launches New Product for Independent Hoteliers

Vimana Launches New Product for Independent Hoteliers

BIRMINGHAM, Ala.—The new year marks a new beginning for Vimana Franchise Systems. The company is introducing a third product for independent hoteliers, and also unveiling a radically-enhanced infrastructure of franchise support services that will make it easy for franchisees to ...

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Chesapeake Hospitality to Manage New Hyde Resort & Residences

Chesapeake Hospitality to Manage New Hyde Resort & Residences

GREENBELT, Md.—Chesapeake Hospitality, a third-party hotel management company, announced today it has been selected to manage the new Hyde Resort & Residences located in Hollywood, Fla. and designed by Brazilian architect Debora Aguiar. Chesapeake Hospitality President Kim Sims made the ...

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Waramaug Renovates Northeast Fairfield Inn Portfolio

Waramaug Renovates Northeast Fairfield Inn Portfolio

BOCA RATON, Fla.—Waramaug LS Hotels, a private investment group, has completed extensive renovations of six Fairfield Inn by Marriott hotels, totaling over 680 rooms, located throughout New England. Purchased in the first quarter of 2015, the portfolio comprises the Fairfield ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Rockbridge has hired Marcos Casillas as managing director of asset management. Casillas will focus on creating value for the company’s investors through maximizing the operational performance of the company’s hospitality portfolio. Here’s a look at other notable comings and goings ...

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U.S. Economy, Property Markets to Heat Up

U.S. Economy, Property Markets to Heat Up

NEW YORK—Global commercial real estate services firm Cushman & Wakefield released its latest U.S. Macro Forecast, anticipating that, following a turbulent year in 2016, the U.S. economy and property markets are positioned to perform well in 2017. “Even before the ...

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