Tag: finance
Hospitality Trends Investors Need to Track in 2016
Despite choppy growth, the current business cycle has lasted longer than average, surpassing 78 months. In 2014 and 2015, the economic growth rate was...
Luxury Segment Remains Among Healthiest in Industry
All is well in the U.S. luxury hotel segment. For the first 11 months of 2015, chain affiliated luxury hotels sold over 27 million...
New Initiatives Come Out of Another Taxing Year
As we enter 2016, we look back to 2015 as a year filled with a whirlwind of activity related to tangible property capitalization policies...
Hersha Hospitality Sells Joint-Venture Interest in Seven Hotels
PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced the company has signed definitive agreements with Cindat Capital Management Limited to...
Atlantic City’s Borgata Invests $50 Million into Improvements
ATLANTIC CITY, N.J.—Atlantic City’s market-leading resort destination, Borgata Hotel Casino & Spa has announced plans to invest over $50 million into the improvement of...