Empty Plates: F&B Revenues Have Taken a Heavy Hit
Hotels’ food and beverage (F&B) operations are often a vital part of ancillary business, especially in full-service hotels that host meeting and convention groups....
Away Inn in Lauderdale-by-the-Sea Sells for $4.4 Million
LAUDERDALE-BY-THE-SEA, Fla. — Coldwell Banker Commercial recently announced that it represented the seller of Away Inn, located at 4653 North Ocean Drive in Lauderdale-by-the-Sea,...
Alternative Options: Higher Education Offers Hoteliers a New Revenue Stream
In August, STR reported that U.S. hotel occupancy topped 50 percent for the first time since March. That this was a benchmark to celebrate...
U.S. Diversity Group Launches First Black-Owned Hotel Investment Fund
ATLANTA — A trio of business leaders has announced the formation of U.S. Diversity Group LLC, a real estate owner, development, and management firm...
Recovery Patterns From Historical Recessions
Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...
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Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
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