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Deal Roundup: The Latest Sales and Acquisitions

Deal Roundup: The Latest Sales and Acquisitions

Earlier this month, HHM acquired the Best Western Tria in Cambridge, Mass. This acquisition further expands HHM’s private-investment platform and management footprint in the Boston market. The company plans to extensively renovate the 121-room property, with upgrades to the guestrooms, ...

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The Developing Story: Denver

The Developing Story: Denver

Recently topping Forbes’s 2015 list of the Best Places for Businesses and Careers, Denver, Colo., is cementing its place as a major hub of the U.S. economy. The population of the Mile High City—a moniker coined because Denver’s official elevation ...

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Ashford on a Mission to Boost Shareholder Value

Ashford on a Mission to Boost Shareholder Value

Keeping investors happy isn’t easy. But Monty Bennett, CEO of Ashford, a publicly traded hospitality and real estate asset management firm, has come to learn what they want. “Investors love specificity,” Bennett says. “They love a focused place.” To get ...

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Hospitality Trends Investors Need to Track in 2016

Hospitality Trends Investors Need to Track in 2016

Despite choppy growth, the current business cycle has lasted longer than average, surpassing 78 months. In 2014 and 2015, the economic growth rate was about 2.4 percent, and it’s expected to fall within the 2 to 2.5 percent range this ...

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Luxury Segment Remains Among Healthiest in Industry

Luxury Segment Remains Among Healthiest in Industry

All is well in the U.S. luxury hotel segment. For the first 11 months of 2015, chain affiliated luxury hotels sold over 27 million room nights, resulting in 76.3 percent occupancy. This is the highest year-to-date occupancy ever recorded, pointing ...

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