Tag: September 27
How Declining EBITDA Levels Affected Owners’ Ability to Pay Interest Expenses in 2020
The decline in the operating performance of U.S. hotels during 2020 has been well documented. According to the results of CBRE’s 2021 edition of...
Management Companies, Brand Mandates, and the Future of Hospitality
There was a push toward centralized operations even before the pandemic forced hotel companies to reduce staff sizes and shutter some properties. The trend...
Residence Inn by Marriott Wenatchee Opens
WENATCHEE, Washington—The Hotel Group (THG), a hotel ownership and development company, an affiliate of Hotel Equities (HE), and Stream Real Estate, announced the opening...
Comfort Suites West Warwick Providence Sold by HREC Investment Advisors
DENVER, BOSTON, and WASHINGTON, DC—HREC Investment Advisors has arranged the sale of the 88-room Comfort Suites West Warwick Providence located in West Warwick, Rhode...