COVID-19 Drives U.S. Hotel Transaction Volume Down 74 Percent
BROOMFIELD, Colo. — U.S. hotel transactions declined 74 percent year-over-year from March to May 2020, according to the newly released Hotel Transaction Almanac produced...
Is the Perfect Storm Brewing for Hospitality Properties?
At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the...
Converting an Older Property Into an Extended-Stay Hotel
Who are the players converting older properties into extended-stay hotels?
"I have an opportunity to buy a hotel property that has closed due to competition...
Rocking the Boat
Tyler Morse is CEO and managing partner of MCR, the hospitality company he founded in 2006. Although he barely mentions his degree from Harvard...
Are Luxury Hotels Worth the Cost?
Despite the relatively high cost of construction and complexity of operations, developers are still attracted to owning and managing luxury hotels. As of August...