Home / Finance + Development / Finance (page 2)

Category Archives: Finance

Feed Subscription

8 Habits of Effective Hotel Investors

8 Habits of Effective Hotel Investors

As investment strategies go, food trucks and graffiti are about as outside the box as you can get, yet these are both part of Jon Bortz’s immediate plans. Innovative property upgrades are integral to his approach in generating outsized returns ...

Read More »

Chesapeake Lodging Trust Acquires The Royal Palm

Chesapeake Lodging Trust Acquires The Royal Palm

ANNAPOLIS, Md.—Chesapeake Lodging Trust has closed on the previously announced acquisition of The Royal Palm located in Miami Beach, Fla., for a purchase price of $278 million or approximately $707,000 per key. The Trust entered into a new management agreement ...

Read More »

The Enduring Recovery of Group Demand

The Enduring Recovery of Group Demand

After a year of growth in 2014, as well as a projected strong 2015, group demand has been on the rise for nearly half a decade. For the fourth straight year, PKF Hospitality Research (PKF-HR), a CBRE company, observed an ...

Read More »

ADR Continues to Propel Hotel Performance in Early 2015

ADR Continues to Propel Hotel Performance in Early 2015

NEW YORK—Hotels in major North American markets continued to maintain positive growth in rate across all travel segments, according to data from the February 2015 TravelClick North American Hospitality Review (NAHR). Overall, average daily rate (ADR) growth continues to be ...

Read More »

Marriott International Sells Miami Beach EDITION Hotel

Marriott International Sells Miami Beach EDITION Hotel

BETHESDA, Md.—Marriott International, Inc. announced it has sold The Miami Beach EDITION hotel for cash proceeds of $230 million. The sale is the second in a series of three anticipated sales of Marriott-owned EDITION hotels to companies ultimately owned by ...

Read More »
Scroll To Top