The Complex World of Hotel Financing
Hospitality is among a small handful of industries that have borne the brunt of the pandemic’s economic impact. From steep revenue losses to difficult...
Mumford Company Completes Sale of Multiple Hotel Properties
NEWPORT NEWS, Virginia—Mumford Company, a full-service hotel advisory firm since 1978, completed the sale of three properties, including the Best Western Plus Regency Park,...
Holiday Inn El Paso Acquisition Sponsored by Legendary Capital
FARGO North Dakota—Legendary Capital is sponsoring the 175-room Holiday Inn El Paso Sunland Park (“HI-El Paso”) acquisition in a $9.7 million transaction. The deal...
Ready to Start: Ramping Up in a Downturn
While much of the supply conversation over the past year has focused on temporary closures due to COVID-19, new construction continues to be an...
Spend or Save: What To Do in the Post-Pandemic Investment Environment
A group of hospitality professionals agree that a kind of spring awakening is gaining momentum in the industry after a tumultuous year, and that...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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