money, hotel sales

Hersha Hospitality Sells Joint-Venture Interest in Seven Hotels

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced the company has signed definitive agreements with Cindat Capital Management Limited to...
SpringHill Suites Las Cruces

HREC Arranges Sale of Marriott SpringHill Suites Las Cruces

Denver, Colo. and San Diego, Calif.–HREC Investment Advisors has arranged the sale of the 101-suites Marriott SpringHill Suites Las Cruces in New Mexico. The buyer...
Silverton Inn Oregon - Crystal Investment Property

Crystal Investment Property Arranges Sale of Two Oregon Inns

Crystal Investment Property, LLC, a hospitality investment advisory and brokerage company that is a member of Hotel Brokers International, announced the sales of two...
Radisson Hawkeye Hotels

Hawkeye Hotels Acquires Radisson Quad City Plaza

DAVENPORT–The Iowa-based firm Hawkeye Hotels has assumed ownership of the Radisson Quad City Plaza in Davenport with plans to renovate the property. This hotel...
growth chart

Report: Payroll Puts Pressure on U.S. Hotel Profit Performance

Full-service hotels in the U.S. recorded a 1.2 percent increase in GOPPAR in June 2017 and faced a 2.0 percent increase in labor costs...
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...
A diverse team holds hands, representing diversity and workplace culture

14 Hotel Companies Among 2019 Best Employers for Diversity

Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
cockroach pests

How to Spot and Get Rid of Common Household Pests in Hotels

Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...
Women in LODGING 2018

15 Women Moving Up Hospitality’s Career Ladder

Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...