Empty Plates: F&B Revenues Have Taken a Heavy Hit
Hotels’ food and beverage (F&B) operations are often a vital part of ancillary business, especially in full-service hotels that host meeting and convention groups....
Away Inn in Lauderdale-by-the-Sea Sells for $4.4 Million
LAUDERDALE-BY-THE-SEA, Fla. — Coldwell Banker Commercial recently announced that it represented the seller of Away Inn, located at 4653 North Ocean Drive in Lauderdale-by-the-Sea,...
Alternative Options: Higher Education Offers Hoteliers a New Revenue Stream
In August, STR reported that U.S. hotel occupancy topped 50 percent for the first time since March. That this was a benchmark to celebrate...
U.S. Diversity Group Launches First Black-Owned Hotel Investment Fund
ATLANTA — A trio of business leaders has announced the formation of U.S. Diversity Group LLC, a real estate owner, development, and management firm...
Recovery Patterns From Historical Recessions
Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...