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Prepare for the Worst to Manage Investment Risk

When hospitality financial experts met at ALIS at the end of January, many of them were echoing the same sentiments—in order to best manage financial risk, investors should be preparing for the worst-case scenario. While the lodging industry is currently ...

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Hotel Lenders Adapt to Changing Market

Turbulent global financial markets, oil price volatility, and a slowdown in job growth last month are fueling concerns about the strength of the U.S. economy, leaving many hoteliers concerned about what the next cycle will bring. Hotel owners will face tighter financing constraints ...

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Solís Hotel to Open Near Porsche Experience Center

Solís Hotel to Open Near Porsche Experience Center

ATLANTA, Ga.——Swiss real estate investment company ACRON has tapped Capella Hotel Group to introduce and manage the Solís Hotel at Two Porsche Drive, located immediately adjacent to the Porsche Experience Center in Atlanta, Ga. The Solís property, scheduled to open ...

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Sonesta Collection Adds Two Cleveland Properties

Sonesta Collection Adds Two Cleveland Properties

NEWTON, Mass.—The Sonesta Collection announced the addition of two new Sonesta ES Suites hotels to its portfolio: Sonesta ES Suites Cleveland Airport and Sonesta ES Suites Cleveland Westlake, providing convenient accommodations for business and leisure travelers to the Cleveland, Ohio ...

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Hospitality Industry Offers Solid Career Opportunities

Due to recent legislation regarding minimum wage and overtime regulations, the hospitality sector is under close watch by the Department of Labor and the National Labor Relations Board. Through working closely with the AH&LA, these entities discovered something surprising—many of ...

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Baltimore to House Homeless in Hotels

Baltimore is spending more than $350,000 to put some of the city’s chronically homeless in hotels and serve others in a new shelter, according to The Baltimore Sun. The city will pay approximately $65 a night for homeless people to ...

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