RivieraPoint Acquires La Quinta in Sebring, Florida

RivieraPoint Acquires La Quinta in Sebring, Florida

Miami, Fla.—South Florida-based RivieraPoint Invest + Develop recently acquired the 77-room hotel La Quinta Inn & Suites in Sebring, Fla., for $7.25 million and...
Ventana Big Sur, Alila Hotels—Glamping

Hyatt Plans to Acquire Two Roads Hospitality

CHICAGO–Hyatt Hotels Corporation today announced an agreement to acquire Two Roads Hospitality, an international lifestyle hotel management company. Under the terms of the transaction, all...
Old No. 77 Hotel

Sonnenblick-Eichner Arranges $29.2 Million to Refinance Old No. 77 Hotel in New Orleans

Beverly Hills, Calif.—Sonnenblick-Eichner Company has arranged $29.2 million of interim first mortgage financing for Provenance Hotels to refinance the Old No. 77 Hotel &...
Broker

CrediVia’s Heather Duvall on Streamlining Hotel Financing

Hospitality financing marketplace CrediVia recently opened a new platform for borrowers to make the commercial loan process simpler and faster. The team that created...
Microtel Inn & Suites Port Charlotte, Florida

DSH Hotel Advisors Arranges $7 Million Sale of Port Charlotte Microtel

TAMPA—DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, Fla., announced that Dennis Hopper, managing principal, closed on Microtel Inn...

Magnuson Worldwide Adds 10 Hotels to Portfolio in 30 Days

Magnuson Worldwide has added 10 new hotels to its branded portfolio and its "By Magnuson Worldwide" soft-brand collection in the last 30 days. The company's...
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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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