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HREC Arranges Sale of Comfort Suites Lakewood, Colorado

HREC Arranges Sale of Comfort Suites Lakewood, Colorado

Denver, Colorado–Lodging real estate advisory firm HREC Investment Advisors announced that it has arranged the sale of the 71-room Comfort Suites located in the thriving Southwest Denver Metropolitan suburb of Lakewood, Colorado. Spirit Hospitality, a hotel development and management firm ...

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Junction City Hotel To Be Rebranded Following Sale

Junction City Hotel To Be Rebranded Following Sale

Junction City, KS – The Holiday Inn Express located on Interstate 70 in Junction City, Kansas was recently sold by HotelBrokerOne. The 60-unit property was sold with an expiring Holiday Inn Express franchise for an undisclosed price to Shree Bholenath ...

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Paying the Intermediaries: An Analysis of Hotel Commissions

Paying the Intermediaries: An Analysis of Hotel Commissions

The increasing incidence of intermediaries selling hotel rooms and other services is a major topic of discussion among U.S. hotel owners and operators. From online travel agents to convention housing companies, third parties are placing themselves in between hotels and their ...

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Red Lion Reports Franchise Gains in Q1 2017 Results

Red Lion Reports Franchise Gains in Q1 2017 Results

Red Lion Hotels Corporation (RLHC) reported in its first quarter 2017 results that the company executed 34 franchise agreements and opened 21 new franchised hotels in the first quarter of 2017, increasing its franchise segment revenues to $10.9 million, up ...

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A Look Ahead at 2017 Summer Travel Trends

A Look Ahead at 2017 Summer Travel Trends

The hospitality industry is gearing up for another profitable summer in 2017. From Memorial Day through Labor Day weekend, American spending is expected to surpass $98 billion, according to a new travel report from Adobe Digital Insights. However, flattening air and hotel ...

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