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AH&LA Pushes Against Deceptive Online Booking Sites

AH&LA Pushes Against Deceptive Online Booking Sites

With nearly one third of all travel spending being done through online channels, Katherine Lugar, president and CEO of AH&LA, took to The Hill newspaper to stress the need to protect consumers from the “scams, rogue vendors, false advertising and consumer abuses” that ...

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U.S. Overtakes China as Top Real Estate Investment Market

U.S. Overtakes China as Top Real Estate Investment Market

The United States has overtaken China to become the world’s largest real estate investment market, according to research published by Cushman & Wakefield. With better relative economic growth, quantitative easing, and low interest rates all continuing to encourage investors to ...

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Ashford Increases Assets Under Management by $360M

Ashford Increases Assets Under Management by $360M

Ashford Hospitality Trust has completed its previously-announced acquisition of the remaining 28.26 percent ownership interest of the Highland Hospitality portfolio from its joint venture partner, increasing its assets under management by approximately $360 million. The purchase price of $250.1 million ...

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MCR Development Acquires 18-Hotel Portfolio for $206M

MCR Development Acquires 18-Hotel Portfolio for $206M

MCR Development has acquired a portfolio of 18 Marriott and Hilton hotels for approximately $206 million. Collectively, the portfolio represents 1,787 rooms across 11 states in growing cities including Charlotte, Savannah, Cincinnati, Tulsa, and San Antonio. The portfolio has an ...

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