Tag: real estate
STR: United States Led Q1 2021 Global Hotel Openings
HENDERSONVILLE, Tennessee—The United States led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM...
Behind the Conversion Trend
Attorney David Reina of Morris, Manning & Martin LLP’s Hospitality Practice already observes a clear uptick in acquisitions of distressed hotels for conversion into...
Prime for Repurposing
The vultures are circling. It’s no secret that the financial crisis precipitated by the continuing global pandemic has hit the hospitality industry especially hard,...
A-Rod Corp and Maverick CP Back CGI’s $650 Million Hospitality Opportunity Fund
MIAMI — CGI Merchant Group, LLC—a global investment management firm with a focus in real estate and private equity—this week announced a new multimillion-dollar...
When to Consider an Open-Bid Auction or Sealed-Bid Sale to Liquidate a Lodging Asset
Lodging asset owners and lenders have options when the sale of a distressed asset is required due to market dynamics like those in today’s...
