Hampton Inn Santa Maria

Mag Mile Capital Finances $32.05 Million for Three Hotels

CHICAGO – Mag Mile Capital has arranged financing for three hotel properties, including a Holiday Inn Express in South Carolina, a Hampton Inn &...
Valor PMR Merger

Valor Hospitality Partners Merges with PMR Hospitality Partners

PMR Hospitality Partners, a South African-based, full-service hospitality management and advisory company, today announced a merger with Valor Hospitality Partners, which was formed by...
La Posanda de Santa Fe

Ashford Trust to Acquire La Posada de Santa Fe for $50 Million

DALLAS — Ashford Hospitality Trust, Inc., has entered into a definitive agreement to acquire the 157-room La Posada de Santa Fe in Santa Fe,...
Element Palmdale - Stonehill

Stonehill Plans to Open an Office in Los Angeles

ATLANTA—Stonehill this month announced that it has closed 14 transactions, totaling more than $175 million year-to-date through 2018. The company expects to close on...
Litt Group PIP

Litt Group Continues Focus on PIP Renovations

Boca Raton, Fla.—The Litt Group, a capital project administration and consulting firm for the hospitality industry, was recently awarded the contract for the renovation...
Dual-branded Hotels

The Value of Dual-Branded Hotels in Today’s Lodging Industry

One of the most popular topics at lodging industry events is whether or not there are too many hotel brands out there. While some...
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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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