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As Carlson CEO Hubert Joly said during the company’s global conference in March, it’s easy to announce ambitious plans for growth. It’s an altogether different thing to execute such plans. But according to Thorsten...
A new wave of physically distressed hotels is emerging. Many owners are being forced to deal with significant property improvement plans that were neglected during the downturn, says Bob Hunter, CEO of Hunter Realty...
While most lodging investors and development companies are bypassing new construction and focusing on acquisition opportunities,Briad Lodging Group is taking a different approach...
It’s been a pretty good year for Marty Belz, the president and CEO of Peabody Hotel Group. On Saturday, Dec. 11, the Peabody Orlando hosted the Central Florida Hotel & Lodging Association annual gala while...
Troy Furbay has only been on the job five weeks, but he’s already got big plans with Loews Hotels. The new executive vice president of acquisitions and development can draw on his almost 10 years of similar experience...
The luxury segment of the hotel industry has been through a rough couple of years, but two new properties and a total of 54 have earned the coveted fifth star from Forbes Travel Guide...
The return of the hotel transaction market has taken longer than expected, but a splash of high-profile acquisitions and a potential wave of distressed assets coming to market have many believing the dam is about to ...
“Hi, do you want to buy a Ritz-Carlton in Dearborn, Michigan?” When veteran hotel broker John Jameson posed that question to prospective buyers this spring on behalf of seller Host Hotels & Resorts, the response he r...
