STR: 2019-20 School Break Timing To Impact Leisure Demand
HENDERSONVILLE, Tennessee—The 2019-20 School Break Report from STR shows notable shifts in school calendar dates and subsequent periods of high hotel leisure demand, with...
Financing News: Embassy Suites Atlanta Secures $83.5 Million, Le Meridien Arcadia Secures $43.5 Million
PMZ Realty Capital Arranges $83.5 Million for Embassy Suites Atlanta
PMZ Realty Capital LLC, a boutique real estate investment banking firm, arranged an $83.5 million...
Poised to Sell: Mumford Executive on Getting the Best Bang for Your Investment Buck
Burton Brooks, a principal in Mumford Company’s Atlanta office, has been involved in the sale of more than 100 properties representing aggregate volume approaching...
Poor Performers: Why Some Hotels Are Not Rising With the Tide
According to the March 2019 edition of CBRE's Hotel Horizons forecast report, the 2019 average annual occupancy level for U.S. hotels is projected to...
Baird/STR Hotel Stock Index Drops 4.9 Percent in May
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 4.9 percent in May to 4,645. Year-to-date through the first five months of 2019, the...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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