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Cape Carolyn Buys Embassy Suites Philadelphia Valley Forge

Cape Carolyn Buys Embassy Suites Philadelphia Valley Forge

Tampa, Fla.–The Plasencia Group, a privately-owned hospitality investment advisory firm, this week announced the sale of the 229-room Embassy Suites Philadelphia Valley Forge, located in Wayne, Pennsylvania. The firm represented Valley Forge Investment Corporation, a private firm based in the ...

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Four Tips for Increasing the Value of Hotel Assets

Four Tips for Increasing the Value of Hotel Assets

Maxine Taylor, CHAM, senior vice president of CHMWarnick, and president of the Hospitality Asset Managers Association (HAMA), has the following advice for hoteliers looking to increase the value of their hotel assets. Have a bird’s eye view. “Every piece of ...

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Cost Controls Perpetuated U.S. Profit Growth in 2017

Cost Controls Perpetuated U.S. Profit Growth in 2017

U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017, despite another slowdown in the rate of revenue growth. According to the 2018 edition of Trends in the Hotel Industry, total operating revenue increased by 2 percent in ...

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