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How Hoteliers Can Take Advantage of 2018 Tax Reform

How Hoteliers Can Take Advantage of 2018 Tax Reform

Not many people do things ahead of time. How many people or organizations beat deadlines by months or even years? Similarly, how many investors sell perfectly good assets to buy new ones that aren’t exceedingly superior? Again, not many. Yet, ...

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Ashford Trust Completes Refinancing of 34 Hotels

Ashford Trust Completes Refinancing of 34 Hotels

DALLAS—Ashford Hospitality Trust, a real estate investment trust (REIT) focused on investing in upper upscale, full-service hotels, announced today that it has refinanced seven mortgage loans with existing outstanding balances totaling approximately $1.07 billion. The previous mortgage loans that were ...

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CBRE Boosts 2018 Lodging Outlook After Strong First Quarter

CBRE Boosts 2018 Lodging Outlook After Strong First Quarter

ATLANTA—Based on better-than-expected first quarter performance, CBRE Hotels’ Americas Research (CBRE) has enhanced its outlook for 2018. According to STR, U.S. hotels enjoyed a 3.5 percent increase in revenue per available room (RevPAR) during the first quarter of 2018, exceeding ...

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Wyndham’s Board Approves Spin-Off of Hotel Business

Wyndham’s Board Approves Spin-Off of Hotel Business

PARSIPPANY, N.J.—Wyndham Worldwide Corporation’s Board of Directors has approved the previously announced spin-off of its wholly-owned subsidiary Wyndham Hotels & Resorts, Inc., which has more than 8,300 franchised hotels globally. The distribution is expected to occur after the market close ...

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