Report: Hotel Price Spike Reflects Flight to Quality
U.S. hotels posted the lowest sales volume of any commercial property type in the first half of 2008 as global transaction activity for the sector plummeted 68% from year-ago levels, according to researcher Real Capital Analytics. ...
Geller: Rest Assured the Hotel Industry Will Survive This Down Cycle
History repeats itself, which means there is a light at the end of the tunnel for struggling hoteliers, according to Laurence Geller. ...
Timeshare Developers Defy Economic Slowdown
The outlook for the timeshare industry was a decidedly cheery one during the recent Midwest Lodging Investors Summit held at the Sheraton Chicago Hotel & Towers....
Franchisors, Franchisees Take Separate Paths
Sometimes it’s hard to tell that franchisors and franchisees are actually business partners. ...
IHG President Stevan Porter Dies at 53
Stevan Porter, the dynamic chief of Atlanta-based InterContinental Hotels Group’s Americas region, died Thursday, Aug. 7....
A New Face for Florida Panhandle
Florida's largest landowner, St. Joe Co., has begun to redevelop parts of the Panhandle, including Port St. Joe, a town of 3,600 people. Though a planned...
No Time Out for Timeshares
The economy is dying on the vine while $4 gasoline and rising unemployment have consumers putting purchases of everything from cars to houses on hold....
Dicey Hotel Market Creates Opportunity for Savvy Investors
With so much bad economic news dampening lodging demand, it's easy to understand why a hotel owner, operator or lender might want to go straight to his...
Reduced Credit Availability Stalls Hotel Construction
As hotel owners and investors continue to fight a slowing economy and the declining availability of credit, the lodging industry faces a number of challenges that it hasn’t seen since the months following 9/11. ...
New JV Buys Phoenix Hotel for $96 Million
Strategic Hotels and Resorts Inc. has sold the Hyatt Regency Phoenix for $96 million. ...
PKF Predicts ‘Double Dip’ in Slowed Lodging Demand
CHICAGO – The current slump in the U.S. lodging industry is going to last longer and cut deeper than the 1991 and 2002 recessions, predicts PKF Hospitality Research....
Hotel-Condos: A Broken Promise?
Summertime in Las Vegas might be more scorching this year than usual due to the heat from a growing number of condo hotel lawsuits....
Will ‘Staycations’ Bolster Midwest Hotel Market?
Although the Midwest continues to be hammered by the economic slowdown and heavy losses in manufacturing jobs, there may still be reason for optimism in the hotel sector. ...
Trump: Greatest Real Estate Opportunities Have Moved Overseas
Once the place for the world’s great investors to park their money, the United States is no longer the kingpin for generating business opportunities and has lost respect around the globe, says famed real estate developer Donald Trump, who is convinced that the situation is not irreversible....
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