Resident Inn Norfolk Downtown, Virginia

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...
Doug Kessler

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,...
AccorHotels

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...
second half of 2018

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...
ICO, Bitcoin, Cryptocurrency

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...
The Cliff House Resort & Spa - Rockbridge property - Jim Merkel is the CEO of Rockbridge

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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Four Seasons Hotels and Resort - Fortune Best Companies to Work For

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...
New York City

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...
Linens

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....
Hotel security

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....
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