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How Tax Extensions and Regulations Will Impact Hotels

How Tax Extensions and Regulations Will Impact Hotels

There’s no easy way to say it—the lodging industry will likely face tax challenges in the next 12 months. The past year was fraught with congressional bickering, partisanship, gridlock, and, consequently, no passage of any major tax legislation. There was ...

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The Developing Story: Pittsburgh

The Developing Story: Pittsburgh

Behind the steel curtain lies a hotel development scene set to explode this year. Here’s a quick guide to the many factors driving this growth. The City of Bridges is about to go through a bit of a growth spurt ...

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Total U.S. Hotel Investment Tops $30 Billion

Total U.S. Hotel Investment Tops $30 Billion

In 2014, total investment in the U.S. lodging industry was an estimated $30.8 billion, reports Lodging Econometrics. Of the 1,292 hotels that were transacted, 935 reported a selling price into the public domain. The average selling price per room for ...

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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 ...

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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 ...

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