The Fig is a 4.4-acre, multi-use project at Figureoa Street near the University of Southern California that will include a hotel, student housing, conventional multi-family housing, and a parking structure.

The Trend Toward Mixed-Use Properties

Since Scott Gale founded Ventus Group in 2006, he has acquired and/or consulted on a broad array of properties, including residential, mixed-use, and commercial...
Energy efficiency

Hotels Are Leaving Energy Savings on the Table

By square footage, hotels and other hospitality-based properties are some of the highest energy and water users across the entire commercial real estate sector....
Accounting

Moving Forward: Insights From HAMA’s Fall 2021 Industry Outlook Survey

Following a summer driven by leisure demand, many are curious about the outlook for the fall and winter seasons. On October 5, 2021, the...
COVID-19 hotel transaction and real estate

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...
A rendering of Queen Mary Island (Courtesy of Gensler)

Maintaining an 80-Year-Old Vessel-Turned-Hotel

The Queen Mary has had a long and rough history of exposure to the elements—from first setting sail across the Atlantic more than 80...
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utility costs

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,...
technology

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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