Survey: Lodging Leaders on the Impact of COVID-19 on Hotel Investment
DENVER — Members of the Lodging Industry Investment Council (LIIC), a hotel industry think tank, completed a flash survey on March 15, 2020, to...
What Happens When Government Per Diems Change?
Because federal government employees purchase a significant quantity of hotel rooms, the General Services Administration (GSA) has partnered with Federal Travel Regulation (FTR) compliant...
FibraHotel Closes Acquisition of Fiesta Inn Oaxaca Hotel
MEXICO CITY—FibraHotel, a real estate investment trust specialized in urban business-class hotels in Mexico, announced that it closed the acquisition of Fiesta Inn Oaxaca...
LaSalle Hotel Properties Acquires L’Auberge Del Mar in California
BETHESDA, Md—LaSalle Hotel Properties announced the acquisition of L’Auberge Del Mar in Del Mar, California for $76.9 million.
“We are extremely excited to acquire L’Auberge...
Short-Term Rentals Outperformed Hotels in Select U.S. Markets in October
HENDERSONVILLE, Tennessee—Short-term rentals in three key U.S. cities showed substantial month-to-month performance growth and posted higher occupancy than hotels in the same market, according...
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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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