Tag: finance
Ashford Closes on SpringHill Suites Gaithersburg
DALLAS—Ashford Hospitality Trust has announced that it has closed on the sale of the 162-room SpringHill Suites Gaithersburg in Gaithersburg, Md. for approximately $13.2...
Investors Cautiously Optimistic About African Hotels
KIGALI, Rwanda—Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research into the...
Fraudulent Use of Chargeback Rights
The mantra of many hotel owners striving to provide customers with excellent service is, “The customer is always right.” But what happens when the...
Hunter Hotel Advisors Closes on Sale of Fairfield Austin
ATLANTA—Hunter Hotel Advisors announced today that their Los Angeles office represented Calif.-based Excel Hotel Group and the purchaser in the sale of the Fairfield...
Moody’s Adjusts Lodging Outlook to Positive
NEW YORK—Moody’s Investors Service has revised the outlook for the U.S. lodging and cruise industry to stable from positive reflecting the expectation adjusted EBITDA...