U.S. Diversity Group Launches First Black-Owned Hotel Investment Fund
ATLANTA — A trio of business leaders has announced the formation of U.S. Diversity Group LLC, a real estate owner, development, and management firm...
Hotel and Real Estate Veterans Launch New Firm: Hospitality Advisory Associates
DALLAS — A group of hotel and real estate veterans have launched Hospitality Advisory Associates (HAA) to help hospitality companies navigate every stage of...
Distressed Hotels: A Good Deal?
Savvy investors constantly search for that really “good deal.” For the right purchaser, a distressed hotel may present this opportunity. Properties are distressed for...
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...
Joint Venture Announces Sheraton Milwaukee Brookfield Hotel Recapitalization
MILWAUKEE—Woodmont Lodging, Blue Vista Capital Management, and Milestone Companies this week announced the joint venture recapitalization of the 388-room Sheraton Milwaukee Brookfield Hotel in...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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