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More Properties Able to Cover Their Interest Payments

More Properties Able to Cover Their Interest Payments

Much has been written about how U.S. hotel owners and operators are profiting from the current strong lodging market conditions. Revenues have returned to pre-recession levels and are expected to experience real growth through 2017. On the bottom line, net ...

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Davidson and Silverpeak Acquire Hyatt Regency Indianapolis

Davidson and Silverpeak Acquire Hyatt Regency Indianapolis

INDIANAPOLIS, Ind.—Executives of Davidson Hotels & Resorts and Silverpeak Real Estate Partners announced that its joint venture has acquired the 499-room Hyatt Regency Indianapolis from Hyatt Hotels Corporation. Davidson, which facilitated the transaction, also will operate the hotel, marking the ...

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The Developing Story: Austin

The Developing Story: Austin

Last year’s construction hotspot remains active in 2015 and provides a blueprint for other up-and-coming hotel markets. There are plenty of reasons developers like Austin. It has strong fundamentals, such as a large diversity of business, a highly educated population, ...

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Ashford Hospitality to Acquire Memphis Marriott East

Ashford Hospitality to Acquire Memphis Marriott East

DALLAS—Ashford Hospitality Trust, Inc. announced today that it has signed a definitive agreement to acquire the 232-room Memphis Marriott East hotel for total consideration of $43.5 million in cash ($187,500 per key). The acquisition is expected to close within the ...

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Vantage to Offer Duetto’s Revenue Strategy Solutions

Vantage to Offer Duetto’s Revenue Strategy Solutions

SAN FRANCISCO—Duetto has announced a partnership with Vantage Hospitality Group, Inc., to make its Revenue Strategy Solutions available to more than 1,200 hotels operating under multiple brands within the Vantage system. “We are pleased to have Duetto join Vantage’s Preferred ...

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