JLL Arranges Sale of Bayside Resort Hotel
Category: Finance, Finance & Development, Financing, Real Estate
BOSTON—JLL’s Hotels & Hospitality Group announced that it arranged the sale of Bayside Resort Hotel, a 128-room hotel located on Cape Cod in West Yarmouth, Massachusetts. JLL worked on behalf of the seller in the sale to Bayside Yarmouth LLC. The hotel will be managed by Jamsan Hotel Management. Set on 3.95 acres, Bayside Resort Hotel features amenities including an indoor and outdoor pool, fitness center, family fun center, and over 2,300 square feet of
NORWALK, Connecticut—Shatterproof will host its seventh annual Hospitality Heroes Reception at the Americas Lodging Investment Summit (ALIS) on January 23, 2024, from 6:30 – 7:45 p.m. at the J.W. Marriott in Los Angeles. The reception will honor Mark Hoplamazian, president and CEO, Hyatt Hotels Corporation, who has been integral in uniting hospitality leaders to raise awareness and shatter the stigma surrounding addiction. The event will raise funds to support Shatterproof’s efforts to transform how addiction
WASHINGTON—American Hotel & Lodging Association Board Member and Principal of Sita Ram LLC Jagruti Panwala will testify before Congress in opposition to the Department of Labor’s (DOL) proposal to raise the overtime salary exemption threshold for executive, administrative, and professional employees under the Fair Labor Standards Act. DOL in August proposed raising the threshold from $35,568 to an estimated $60,209 in 2024 according to the department’s own projections, a nearly 70 percent increase, meaning that
Nutrition on the Go: Helping Guests Maintain a Healthy Lifestyle When Traveling
Category: Sponsored Content
Whether hitting the road on a new adventure or jetting off for a business venture, maintaining a healthy lifestyle is a priority that many of today’s travelers carry with them on their trips. One of the biggest focuses of these health-conscious travelers is nutrition. By understanding traveler preferences, hoteliers can help their guests maintain their healthy habits when traveling—improving satisfaction scores and building loyalty. Health is a driving force behind travel decisions. The “wellness wave”
Unlike building security, cybersecurity is an area where criminals are continually finding new technological means to their ends. Thus, hotel operators must stay up to date on best practices to fend off data theft. “Cyber threats are continuously evolving,” said Brian Cornell, chief information officer at Concord Hospitality, which manages nearly 150 hotels. “It’s become an industry of its own. For example, criminals can purchase tools on the dark web to craft or use code
