Financing Hotel Construction and Transactions Post Dodd-Frank
In response to Dodd-Frank, the controversial 2010 federal legislation intended to boost lender resilience to market downturns (and prevent another Great Recession like that...
Stuck at Home: ‘Uneventful’ Year Sinks Hotel Profitability
Everyone can agree that 2020 was a year full of surprises, record declines in hotel performance, and learning opportunities. For instance, analyses of monthly...
Right On Schedule
In the fall of 2010, when U.S. hotel managers were preparing 2011 budgets, most industry participants were pleasantly surprised at the strong pace of...
STR: U.S. Hotel TRevPAR Reaches Highest Monthly Level in March 2023
HENDERSONVILLE, Tennessee—U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR's March 2023 P&L data...
Galaxy Entertainment Agrees to Buy 5.3 Million Primary Shares of Wynn Resorts
HONG KONG and LAS VEGAS—Galaxy Entertainment Group and Wynn Resorts, Limited announced that Galaxy Entertainment has agreed to purchase 5.3 million primary shares of...
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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