Tag: finance
PKF: Despite Wall Street Issues, Lodging Finance Remains Strong
ATLANTA, Ga.—Recent gyrations on Wall Street may have hoteliers questioning whether this is the beginning of the end to the good times that have...
PwC: ADR Growth to Drive RevPAR Through 2016
NEW YORK—An updated lodging forecast released today by PricewaterhouseCoopers U.S. (PwC) expects average daily rate (ADR) to drive revenue per available room (RevPAR) increases...
Meridian Capital Finances $10 Million on Gregory Hotel
NEW YORK—Meridian Capital Group arranged $10 million in permanent financing on the Best Western Gregory Hotel located in Brooklyn.
The $10 million, 10-year CMBS...
Ashford Hospitality Trust Acquires Minneapolis Hotels
Ashford Hospitality Trust, Inc. announced that it has signed a definitive agreement to acquire two Minneapolis hotels, the 229-room W Minneapolis Hotel—The Foshay, and...
How Tax Extensions and Regulations Will Impact Hotels
There’s no easy way to say it—the lodging industry will likely face tax challenges in the next 12 months. The past year was fraught...
