Tag: real estate
Auction.com Report Shows Steady Gains for Hotel Sector
Increases in occupancy and room rates are sustaining healthy revenue per available room (RevPAR) in the hospitality industry even as expansion shifts into a...
Why Now is a Good Time to Revisit Your Exit Strategy
In lodging, every upswing brings an inevitable downturn. As soon as you realize things are really booming, you can be sure that the cycle...
Carey Watermark Investors Announces Ritz-Carlton Acquisition
NEW YORK—Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired a majority interest in The Ritz-Carlton, Fort Lauderdale property in a joint...
Ashford Hospitality Trust Acquires Minneapolis Hotels
Ashford Hospitality Trust, Inc. announced that it has signed a definitive agreement to acquire two Minneapolis hotels, the 229-room W Minneapolis Hotel—The Foshay, and...
SBE Forms Real Estate Development Business
LOS ANGELES—SBE, the Los Angeles-based hospitality company that develops, manages, and operates hotels, restaurants, and nightclubs, announced the formation of an international real estate...