Mumford Company Forecasts Strong First Half of 2019 for Hotel Deals
Newport News, Va.—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, is forecasting robust sales results for the first and second quarters of...
Deal Report: Five Acquisitions and Reflaggings
AJ Capital Partners Acquires Kingsgate Marriott in Cincinnati
AJ Capital Partners acquired the Kingsgate Conference Center at the University of Cincinnati. The hotel will run...
Skylar Skikos on Palisades Hospitality Group’s New Real Estate Arm: Local Framework
Skylar Skikos is co-founder and president of Local Framework, the newly introduced real estate development and acquisition arm of Palisades Hospitality Group (PHG), the...
This Week’s Hotel Sale and Financing Announcements
Sun Hill Properties Buys Two TownePlace Suites in Colorado
HREC Investment Advisors has arranged the sale of the 99-room TownePlace Suites Denver Southwest, located in...
Bridging the Gap Between Hotel Asset Management and Accounting
Earlier this month, CHMWarnick, asset manager and business advisor to hotel investors, expanded its accounting services to its asset management clients, making it the...
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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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