Avendra to be Acquired by Aramark

Rockville, Md.–Avendra, a North American hospitality procurement services provider, announced that its board of managers reached a binding agreement with Aramark Corporation to sell...
Property Improvement Plans - to PIP or Flip?

To PIP or Flip? The Costs, Benefits of Property Improvement Plans

Hoteliers whose portfolios are mostly composed of branded hotels are familiar with the ins and outs of property improvement plans (PIPs). These PIPs are...
Hampton Inn, Horse Cave, Kentucky

Huff, Niehaus & Associates, Inc. Arranges Sale of the Hampton Inn, Horse Cave, Kentucky

Louisville, Kentucky-based Huff, Niehaus & Associates, Inc., a member of Hotel Brokers International, announced the closing of a deal on the Hampton Inn located...

MCR Acquires Two Marriott Properties in Utah

MCR announced the acquisition of two Marriott hotels located in Lehi, Utah, a suburb of Salt Lake City. Both properties, the Courtyard Lehi and...
Hilton Garden Inn South Chicago

CBRE Hotels Arranges Sale of Hilton Garden Inn South Chicago-Tinley Park

CHICAGO–CBRE announced that it has arranged the sale of the 117-room Hilton Garden Inn Chicago South–Tinley Park. CBRE Hotels’ Nate Sahn, senior vice president,...
Yale

AJ Capital Partners Buys Hotel Duncan in New Haven

AJ Capital Partners announced that it has acquired Hotel Duncan in New Haven, Conn. In Spring 2018, the hotel will close for renovation and...
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Four Seasons Hotels and Resort - Fortune Best Companies to Work For

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...
New York City

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...
Hotel security

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....
Linens

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....
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