HEI Hospitality, which targets full-service hotels and resorts with 200 to 500 rooms, is in the beginning stages of a buying binge, powered by a $275 million private equity fund formed in June 2004...
It's been a long wait for hotel investors, but finally their time has come. For nearly three years following 9/11, hotels were pretty much left out of the party as prices for other types of commercial property soared...
Even for the experienced hotel owner, operating a successful property is no walk in the park. Just ask Mike Marshall, president of Marshall Management Inc. in Salisbury, Md. Marshall Management, which manages 26...
In a move designed to strengthen its already powerful brands, Starwood Hotels & Resorts ventured outside the real estate and hotel industries and selected marketing maven Steven Heyer, former president and COO of...
InterContinental Hotels Group may have drawn inspiration from the wedding poem “Something Old, Something New, Something Borrowed, Something Blue” when it conceptualized its Hotel Indigo brand...
Boutique hotels, which focus on high style, personalized service and trendy restaurants, are growing in number as more developers tap into this lucrative segment. In fact, some of the nation's largest hotel companies...
It's about time. After three straight years of falling revenues and lower occupancies, the hotel industry is finally making a comeback. For the first four months of 2004, revenue per available room (RevPAR) at chain...
The hospitality industry, already reeling financially from a fallout in business and leisure travel, is now dealing with another blow: the highest insurance costs in five years. To help combat soaring rates, hotel...
