Development
financing
Proving Your Worth
OPINION: Ways to Give Lenders a Reason to Invest
Everywhere we turn, headlines tell the troubles of the economy. The hotel industry is in a severe recession and facing increased headwinds from consumers focused on...
Inside the Columbus Four Points Deal
After successfully owning and operating four midscale and economy hotels, VJP and Darpan decided the time was right to develop an upscale property...
Transactions 3/15/09
Aloft Austin Rockbridge Capital closed a first mortgage and mezzanine investment in a 140-room Aloft in Austin, TX...
A Ray of Sunshine at ALIS
Apparently, hotel executives are a bunch of half-glass-full people. At last month's Americas Lodging Investment Summit in San Diego, the mood was more...
franchising
Hyatt Eyes Franchising of Regency Brand
Q&A: Company Vet Vizer Tapped to Head Development Effort
After a long career with Hyatt in food and beverage and as a general manager, George Vizer last year was named to be vice president of the chain’s new franchise and owner relations group. He task is to oversee the company’s venture into franchise development for ...
IHG: Strong And Getting Stronger
Q&A: Americas Chief Abrahamson Plots Aggressive Growth
Jim Abrahamson had big shoes to fill when he took over as president of IHG’s Americas region in January. He replaced the highly respected and well-liked Steve Porter, who died last summer. While Porter was a hotel operator at heart, Abrahamson...
AmericInns’ Growth Strategies
Q&A: Carlson Veteran Paul Kirwin Takes the Reins
Paul Kirwin didn’t have to travel far when he changed jobs last month. The 25-year-veteran of Minneapolis-based Carlson Companies left the firm earlier this year and in May joined Northcott Hospitality as president and COO....
Sonesta Hotels Launches Franchising Program
NEWS: Upper Upscale Chain Extends Licensing to U.S.
Sonesta International Hotels, one of the oldest hotel chains, is the newest to offer franchising in the U.S. ...
management
TI Signs With K Hotels
NEWS: Independent Treasure Island Joins Small Collection
Treasure Island, recently rebranded TI, yesterday became the first casino, the first Las Vegas property and the largest property in K Hotels’ worldwide collection of independent hotels. Phil Ruffin, who bought TI for $775 million from MGM Mirage earlier this year, has ...
Prime-Time Location for La Quinta
FEATURE: Execs Excited About New Property in Chicago
There wasn’t just one reason the entire La Quinta executive team left the hot and dry Texas weather for a windy and rainy day in Chicago on Tuesday. There were 50 million reasons....
realestate
A New Approach to Appraising Hotels
OPINION: Traditional Methods Don't Work in Today's Market
These are challenging times for hotel appraisers. Transactions are occurring infrequently, and when they do, many times the price represents liquidation value or a forced sale rather than market value...
Prime-Time Location for La Quinta
FEATURE: Execs Excited About New Property in Chicago
There wasn’t just one reason the entire La Quinta executive team left the hot and dry Texas weather for a windy and rainy day in Chicago on Tuesday. There were 50 million reasons....
reits
Apple REIT Chief Touts Cash
If cash is king, Glade Knight is king of kings. The chairman and CEO of Apple REIT Cos. touted the value of cash as a business-building tool during a keynote address Monday at the Hunter Investment Conference in Atlanta. Through its nine funds, Apple now ...
Values to Rise in 2010?
Since the government has notified us we've officially been in a recession since December 2007, we have a broad explanation for why hotel values declined...
