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Tips and Tricks for PIPs

Tips and Tricks for PIPs

Experts weigh in on what hoteliers should keep in mind when deciding whether to go through with a PIP. Below are three pieces of advice for hoteliers considering PIPs for their properties. 1. Proper planning is imperative. “You can’t rush ...

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Navigating the Realities of the New Financial Landscape

Navigating the Realities of the New Financial Landscape

The past few years have seen some of the strongest growth ever for the hotel industry. New properties, new brands, massive renovations, mergers, acquisitions—money has been flying. But good times can’t last forever, and lenders are starting to prepare for ...

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Designing a Ballroom To Maximize Revenue

Designing a Ballroom To Maximize Revenue

Between weddings, business luncheons, and conferences, ballrooms can bring in a steady source of revenue for hotels across a variety of segments. However, without the right design and flexibility, ballrooms may not successfully attract meeting planners assessing the space to ...

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HREC Arranges Sale of Marriott SpringHill Suites Las Cruces

HREC Arranges Sale of Marriott SpringHill Suites Las Cruces

Denver, Colo. and San Diego, Calif.–HREC Investment Advisors has arranged the sale of the 101-suites Marriott SpringHill Suites Las Cruces in New Mexico. The buyer is a California-based investor who owns and operates a hotel portfolio throughout the Southwest under major ...

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