Positioning Hotels to Drive Business in the Second Half of 2020
As the COVID-19 pandemic continues this summer, people are traveling less—if at all—and booking hotels at a much lower rate. As restrictions are gradually...
Five Strategies to Help Hoteliers Rebound from a Global Crisis
The idea of hospitality is centered around bringing together people, places, and possibilities. With that said, when an unexpected pandemic like COVID-19 shocks the...
Mind Your T’s and C’s: COVID-19 Terms and Conditions for Hotels
After many agonizing months of the COVID-19 pandemic causing closures and record-low occupancy rates, hotel owners and operators finally can begin reopening and welcoming...
Three Ways to Reduce Hotel Food Waste and Cut Costs
The COVID-19 pandemic has posed a variety of challenges for the hospitality industry. With shelter-in-place orders in effect in many states and the population...
Hospitality Companies and Their Lenders: Preparing for Difficult Conversations
In a sudden reversal of generally expansionary trends, the hospitality business has been among the most immediate and badly hit economic sectors as a...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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