Tag: finance
Taking Advantage of New Hotel Tax Incentives
Hotel owners now have a multitude of tax benefits available to them. These benefits come in the form of both conventional tax incentives like...
Laurus Corporation Acquires Marriott Warner Center Hotel
WOODLAND HILLS, Calif.—Laurus Corporation, a U.S.-based private real estate investment and development firm, has acquired the Marriott Warner Center hotel in Woodland Hills, Calif.
Woodland...
FelCor Completes Exchange of 10 Joint Ventures Hotels
IRVING, Texas—FelCor Lodging Trust Incorporated announced that it unwound joint ventures that owned 10 non-strategic hotels. Through an exchange of interests, FelCor now owns...
With Increased Efficiency, More Dollars Flow to the Bottom Line
Much has been written about the strong topline performance of the U.S. lodging industry since the Great Recession. According to STR Inc., national occupancy...
Aries Capital Hires Rushi Shah as SVP
CHICAGO—Aries Capital LLC is pleased to announce that Rushi Shah has joined the team as senior vice president with the firm’s Originations and Business...
