It’s astonishing to me, given the volume of harrowing news we’ve had to digest in the past several months, that the hotel industry isn’t in worse shape than it is. Headlines jump from one disaster—some natural, some man-made—to another, any of...
Opportunity buyers looking for institutional-grade hotel investments have so far been met with steep competition from foreign investors, private equity and REITs, among others. To date, these investors have been paying attention to loans that are...
W Hotels built in recent years in New York, Atlanta, Phoenix/Scottsdale, San Diego... you get the idea... are in deep trouble...
Advance bookings of hotel rooms across the country show that occupancy rates are poised to grow again, welcome news after last year’s dismal record for the hospitality industry. That’s the view of Steve Swope, chairman and CEO of Atlanta-based...