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Debt Markets Continue to Recover

Debt Markets Continue to Recover

With the hotel industry’s recovery from the recession steadily picking up speed, values coming back to pre-downturn levels, and RevPAR growth remaining consistent, the debt markets are returning to normal. And as lenders get more interested and competitive, they’re supplying ...

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Year-End Results Show Positive Industry Uptick

Year-End Results Show Positive Industry Uptick

End-of-the-year earnings statements released by major hotel companies show that the industry ended 2013 on a positive note, with gains in RevPAR, occupancy, and ADR. Although some companies saw a drop in fourth-quarter revenues, year-end results for the majority remained ...

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The Line L.A. Hotel to Utilize EB-5 Financing

The Line L.A. Hotel to Utilize EB-5 Financing

BEVERLY HILLS, Calif.—NMS Capital Group, a Beverly Hills based financial services firm, announced that its wholly-owned subsidiary, NMS Capital Securities has been engaged as the financial advisor in connection with an $85 million mixed-use hotel development project located in Los ...

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Hersha Hospitality Trust to Sell Hotel 373 in Manhattan

Hersha Hospitality Trust to Sell Hotel 373 in Manhattan

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced that the company has entered into a definitive agreement to sell the Hotel 373 located in midtown Manhattan. The 70-room hotel is being sold to an offshore investment ...

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