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Budget Distributions: Investing in Teams and Technology

As the world enters 2022, many hotel ownership groups are directing marketing budgets to remain flat compared to 2021. With most media costs higher,...
merger

Affiliates of HazelStream Capital Invest in Waramung Ventures

DALLAS and MIAMI—Waramaug Hospitality, a privately held investment firm focused on premium-branded select-service and full-service hotels, announced an agreement for an investment in the...

Fortuna’s Table Launches Online Community and Resources to Diversify Hotel Ownership

On Wednesday, Castell Project, Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry, and She Has...
Bankruptcy

The Fire Sale That Wasn’t

The vultures were circling. As hotels were shuttered and revenue evaporated, owners were hard-pressed to meet their financial obligations. Yet, unlike in the Great...
Napa

Napa Valley Hotels Receive Preferred Equity Investment

SAN FRANCISCO—Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, announces that it has provided $12.79 million...
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