MCR and BLT Joint Venture Close $647.5 Million Portfolio Financing for 53 Hotels
NEW YORK—A joint venture of MCR and Building and Land Technology (BLT) has completed a $647.5 million financing across a 5,958-guestroom national portfolio of...
Checking In With Ashford Hospitality Trust CEO Doug Kessler
Ashford Hospitality Trust recently launched Ashford’s Enhanced Return Funding Program, a first of its kind in the public REIT space. LODGING caught up with Doug Kessler,...
sbe Sells 50 Percent Stake to AccorHotels in $319 Million Deal
NEW YORK—sbe Entertainment Group, the owner of hospitality brands including SLS, Delano, Mondrian, Hyde, Katsuya, and Cleo, has closed on the strategic sale of a...
TravelClick Data Shows Steady Rates and Bookings for Second Half of 2018
NEW YORK–The second half of 2018 has experienced stable rates and bookings across all travel segments—up 1.80 percent in average daily rates (ADR) and...
Three Factors Influencing the Value of Cryptocurrency
Cryptocurrency values have unique drivers,
considering their unregulated nature. Here are three factors that can influence the value of cryptocurrency.
1. Hackers.
Because cryptocurrency exists...
Independent Investments: Jim Merkel on the Strategies Driving Rockbridge’s Growth
When Bank One sold to First Chicago, the company’s hotel investment fund business spun out to form Rockbridge Capital. Since then, the company’s leadership...
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Five Hotel Companies Among Fortune’s 100 Best Companies to Work For
Five hotel companies made the recently released 21st annual Fortune 100 Best Companies to Work For list, which is based on surveyed employee ratings...
Five Markets With the Most Hotel Construction
Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
What Are Your True Variable Costs Per Occupied Room?
Knowing the average, actual costs incurred per occupied guestroom enables a manager to make more prudent pricing and marketing decisions and to monitor expenses....
12 Ways To Increase Hotel Security
Even when hotels have strong security policies and procedures in place, they are still vulnerable to cyber attacks, break-ins, theft, fraud, and other crimes....
