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La Quinta Names New Chief Executive Officer

La Quinta didn’t have to look far for its new chief executive. The company today announced it has appointed Keith Cline to serve as president and CEO, effective immediately. In addition, Jim Forson has been named the company’s EVP and ...

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Outlook Mixed for Lodging REITs

Investors see dark clouds of “global financial distress” weighing on the otherwise strong fundamentals fueling the growth of the lodging industry. While this sentiment has been driving down stock prices, there are plenty of earnings reports coming out this month ...

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Investors Eye Starwood, Marriott Earnings

With the Marriott-Starwood merger looming, investors eagerly awaited fourth quarter 2015 results for both companies. Marriott International last night reported a slightly smaller-than-expected increase in revenue for its fourth quarter, while occupancy and daily average rates improved, according to MarketWatch. Fourth ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

New Orleans-based real estate developer HRI Properties has made major changes to its executive leadership team. The company has changed the roles of its owners, appointing co-founder Pres Kabacoff chairman of the board and current president Tom Leonhard as both president ...

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Investors Face Financing Challenges in 2016

Hotel owners and investors will likely face a more challenging environment for financing debt as 2016 goes on, with lenders responding to increased risk in debt capital markets as well as new regulations. No where is this more apparent than ...

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