Two New Tax Advantaged Financing Tools for Hotel Investors
Brad Elmer, managing director of Baker Tilly Capital, LLC, the wholly owned private investment banking subsidiary of Baker Tilly Virchow Krause, LLP, specializes in...
A Look Behind Hotel Transaction Growth
According to STR, 2018 was one of the best years in recent history for hotel transactions. With 707 transactions, a 25 percent increase since...
WoodSpring Suites Adds a Dozen U.S. Hotels
ROCKVILLE, Md.—Following a record-breaking 2018, WoodSpring Suites has started 2019 with coast-to-coast expansion as one of Choice Hotels International, Inc.'s fastest-growing brands. WoodSpring has...
Motto by Hilton Signs First U.S. Hotel in Atlanta’s Old Fourth Ward Neighborhood
MCLEAN, Va.—Hilton today announced the first U.S. signing of a Motto by Hilton hotel in the Old Fourth Ward neighborhood of Atlanta in partnership...
Ashford To Acquire Remington’s Hotel Management Business for $275 Million
DALLAS—Ashford Inc. today announced that it has signed a definitive agreement to acquire the hotel management business of privately-held Remington Holdings, LP. The transaction,...
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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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