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Trump Hotels Reportedly Experience Card Breach

Trump Hotels Reportedly Experience Card Breach

The Trump Hotel Collection has reportedly experienced a credit card breach in a number of U.S. locations, according to a post on Krebs on Security. Several U.S.-based banks traced a pattern of fraudulent debit and credit card charges to accounts ...

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Ashford Acquires W Atlanta Downtown for $56.8 Million

Ashford Acquires W Atlanta Downtown for $56.8 Million

Ashford Hospitality Trust has completed the previously-announced acquisition of the 237-room W Atlanta Downtown hotel for total consideration of $56.8 million ($239,000 per key). The purchase price represents an estimated forward 12-month cap rate of 7.2 percent on net operating ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Katie Falvey has been appointed vice president of real estate at The Marcus Corporation. She joined the company in 1997 as director of real estate and marketing and property management, before becoming director of real estate in 2005. During her ...

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AH&LA Responds to Minimum Wage Announcement

The Department of Labor has proposed a rule to raise the threshold of overtime pay for salaried employees working more than 40 hours per week from $23,660 to $50,440, according to Bloomberg. Based on this new rule, workers who earn ...

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