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Storm - economy

Is the Perfect Storm Brewing for Hospitality Properties?

At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the...
motel

Converting an Older Property Into an Extended-Stay Hotel

Who are the players converting older properties into extended-stay hotels?  "I have an opportunity to buy a hotel property that has closed due to competition...
Shelborne South Beach Hotel

Joint Venture Acquires Shelborne South Beach Hotel for $120 Million

MIAMI BEACH, Fla. — Menin Hospitality—a collection of upscale lodging, lifestyle restaurants, and nightlife venues—recently announced that a joint venture between King Street Real...
Outrigger Hospitality Group to acquire Sheraton Kona Resort & Spa at Keauhou Bay

Outrigger to Acquire Sheraton Kona Resort & Spa at Keauhou Bay

HONOLULU — Outrigger Hospitality Group has signed a purchase and sale agreement to acquire the Sheraton Kona Resort & Spa at Keauhou Bay, a...
Rendering of a new hotel at the Culinary Institute of America's Hyde Park campus (Credit: GENSLER)

NP International Rebrands as Nolan Reynolds International, Expands Hospitality Footprint

Coral Gables, Fla. — Nolan Reynolds International, formerly NP International, announced an official company rebrand to start the New Year and a new era...
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