Braemar Acquires Ritz-Carlton Lake Tahoe Using Ashford’s Enhanced Return Funding Program
Ashford Inc., in connection with the previously announced acquisition of the Ritz-Carlton Lake Tahoe, has entered into an agreement with Braemar Hotels & Resorts...
Driftwood Acquisitions & Development Sells SpringHill Suites Altamonte Springs
ORLANDO—Driftwood Acquisitions and Development (DAD) has sold the SpringHill Suites Altamonte Springs, a Marriott-branded, 90-key hotel located 10 miles north of Orlando. The sale...
Xenia Hotels & Resorts Sells Residence Inn Denver City Center for $92 Million
ORLANDO, Fla.—Xenia Hotels & Resorts has sold the 228-room Residence Inn Denver City Center for $92 million—approximately $404,000 per key. The sale price represents...
McNeill Hotel Investors Acquires Home2 Suites by Hilton Mobile
Germantown, Tenn.–McNeill Hotel Investors recently acquired the four-story, 105-room Home2 Suites Mobile in Alabama, adding to the company’s growing portfolio. Phillip McNeill, Jr., the...
HOS Management and Hawkeye Hotels Acquire Georgia Hotel
SAVANNAH, Ga.—Georgia-based HOS Management (HOS), in a joint venture with Iowa-based firm Hawkeye Hotels, recently completed the acquisition of B Historic hotel in Georgia for...
McNeill Hotel Investors Acquires Hilton Garden Inn Beaverton
Germantown, Tenn.–McNeill Hotel Investors recently acquired the four-story, 150-room Hilton Garden Inn Beaverton. The property is located adjacent to Highway 26/Sunset Corridor, which is...
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Five Hotel Companies Among Fortune’s 100 Best Companies to Work For
Five hotel companies made the recently released 21st annual Fortune 100 Best Companies to Work For list, which is based on surveyed employee ratings...
What Are Your True Variable Costs Per Occupied Room?
Knowing the average, actual costs incurred per occupied guestroom enables a manager to make more prudent pricing and marketing decisions and to monitor expenses....
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...
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....
