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...
Repositioning for Recovery: Deciding Factors When Determining a Hotel Brand or Flag Change
COVID-19 has created a myriad of troubles for hotel owners—and sometimes trouble means opportunity. As the industry slowly rebounds, savvy owners may see this...
Dual-Branded Hotels: Beware Expectations of Significant Operating Efficiencies
For the past four years, the opening of dual-branded properties has been very popular among hotel developers. The perceived benefits of building a property...
Evolution Hospitality and Arris Investments Founders Launch Triton Hospitality Group
SANTA MONICA, Calif. — John Murphy, founding president of Evolution Hospitality, and David Parsky, founder of Arris Investments, announced this week their new venture,...
JLL Hotels & Hospitality Retained to Recapitalize L.A. LIVE Hotels
LOS ANGELES — JLL’s Hotels & Hospitality Group announced that in contemplation of a major expansion of the J.W. Marriott hotel at L.A. LIVE,...