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An Overview of Roadside Property Performance

An Overview of Roadside Property Performance

Interstate properties—one of six location segments defined by STR—encompass hotels that are “in close proximity to major highways, motorways, or other major roads” and where the primary source of business is travelers passing through the area. As of July, these ...

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Banyan Investment Group Acquires Three Marriott-Branded Hotels

Banyan Investment Group Acquires Three Marriott-Branded Hotels

ATLANTA—Banyan Investment Group, a hotel investment and management company that acquires and manages select-service hotels in the United States, announced that it has acquired and will operate three Marriott-branded hotels in two separate transactions: the 105-room Fairfield Inn & Suites ...

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Margaritaville Nashville Hotel Breaks Ground

Margaritaville Nashville Hotel Breaks Ground

Nashville, Tenn.–Margaritaville Nashville Hotel has broken ground, becoming the latest property to feature a proposed Margaritaville Vacation Club by Wyndham element as part of an evolving relationship between Margaritaville and Wyndham. When it opens in Summer 2019 in Nashville’s thriving ...

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Shifts in Revenue and Expenses Boost Hotel F&B Profits

Shifts in Revenue and Expenses Boost Hotel F&B Profits

Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service ...

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