Tag: finance
Study: Bed Bug Infestations Cost Hotels Thousands
ATLANTA–A new study from pest control company Orkin finds that eight of 10 hotels have dealt with bed bugs in the past year, and...
Mission Capital Arranges $15 Million Loan for Staybridge Suites Houston
HOUSTON—Mission Capital Advisors has arranged a $15.26 million acquisition loan on behalf of Midas Hospitality to purchase the newly constructed Staybridge Suites Houston–Medical Center, a 120-key extended...
U.S. to Top $100 Billion in Vacation Spending This Summer
U.S. vacationers are spending more on summer travel this year, topping $100 billion for the first time, according to the eighth annual Allianz Travel Insurance Vacation...
PwC Forecasts Elevated Consumer Confidence, Lodging Demand
New York–Encouraged by the prospect of a strengthening economy, U.S. lodging performance continued to improve in the first quarter of 2017 according to the...
Think Tank Releases Survey on Lodging Investment Attitudes
For well over a decade, the think-tank Lodging Industry Investment Council (LIIC) has been surveying its members to develop a list of major hotel...