Small Business Reorganization Act: Resolving Financial Hardship Amidst a Pandemic Economy
Owners of hospitality properties, which are considered “operating businesses,” owing less than $7.5 million may want to consider filing for Subchapter V bankruptcy to...
Living the Lifestyle: Motto by Hilton in the Chelsea Arts District
Just over three years after its initial launch in October 2018, the growing Motto by Hilton brand debuted its first new-build property—and Hilton’s first...
McNeill Hotel Investors Acquires Home2 Suites by Hilton Mobile
Germantown, Tenn.–McNeill Hotel Investors recently acquired the four-story, 105-room Home2 Suites Mobile in Alabama, adding to the company’s growing portfolio. Phillip McNeill, Jr., the...
STR: U.S. Hotel Construction Sees Third Consecutive Month Uptick
HENDERSONVILLE, Tennessee—September 2022 was the third consecutive month with an uptick in U.S. hotel construction, while year-over-year declines have been lessening each month since...
Clarion Pointe Now Has 50 Hotels Open or in the Pipeline
ROCKVILLE, Md. — Clarion Pointe, a midscale, select-service brand extension franchised by Choice Hotels International, Inc., has now surpassed 50 hotels open or in...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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