Extended Stay America Sells 14 Hotels to Singerman Real Estate
CHARLOTTE, N.C.—Extended Stay America, Inc. and ESH Hospitality, Inc. announced the completed sale of 14 branded Extended Stay America hotels.
The portfolio of Extended Stay...
Driftwood Hospitality Management Adds Two Houston Properties To Portfolio
MIAMI, Fla. — Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company, has purchased the 480-room Hilton Houston North and 390-room Marriott...
How Carbon Lighthouse Profitably Reduces the Carbon Footprint of Commercial Real Estate
Brenden Millstein, CEO and co-founder of Carbon Lighthouse, is undeniably a smart guy. He earned a bachelor’s degree in physics from Harvard and an...
Braemar To Acquire The Ritz-Carlton Lake Tahoe for $120 Million
DALLAS—Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California. In addition, the...
Third-Tier Growth Spurt
With suburban hotel performance surpassing the growth rate for urban properties, many hoteliers are turning to secondary and tertiary markets to meet the demand...
MCR and BLT Joint Venture Close $647.5 Million Portfolio Financing for 53 Hotels
NEW YORK—A joint venture of MCR and Building and Land Technology (BLT) has completed a $647.5 million financing across a 5,958-guestroom national portfolio of...
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Five Markets With the Most Hotel Construction
Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
The Room Key: How To Handle an Angry Guest
The Room Key is LODGING's advice column for hoteliers, managers, and team members at all levels of hospitality. Experts will answer questions on everything from...
12 Ways to Increase Hotel Security
Even when hotels have strong security policies and procedures in place, they are still vulnerable to cyber attacks, break-ins, theft, fraud, and other crimes....
Mountain Lake Lodge—Home of ‘Dirty Dancing’—Makes a Renovation Comeback
Located on an extensive 2,600-acre nature preserve in Pembroke, Va., Mountain Lake Lodge has an interesting history, to say the least. Opened in 1851 and purchased...