Ashford sells 2 hotels for $37.8M
Ashford sells 2 hotels for $37.8M

Hotel Management · 15 Aug

Ashford Hospitality Trust sold a 156-room Courtyard by Marriott in Savannah, Ga., and a 128-room Hilton Garden Inn in Wisconsin Dells, Wis.

Pebblebrook to sell L.A. hotel, rebrand 2 D.C. hotels
Pebblebrook to sell L.A. hotel, rebrand 2 D.C. hotels

Hotel Management · 11 Jun

Pebblebrook Hotel Trust has agreed to sell the 132-room Hotel Amarano Burbank, while two Washington, D.C., hotels will join the Viceroy Hotels & Reso

RMS releases new software
RMS releases new software

Hotel Management · 29 May

The release includes a number of enhancements for hotel and other clients currently using the company's software to manage their properties.

PMZ Realty Capital arranges $11M loan for CMC Hotels
PMZ Realty Capital arranges $11M loan for CMC Hotels

Hotel Management · 15 Apr

Real estate investment banking firm PMZ Realty Capital arranged an $11 million loan for CMC Hotels’ Fairfield Inn & Suites by Marriott Raleigh Cary i

Park Hotels & Resorts divests Hilton Nuremberg for $17.5M
Park Hotels & Resorts divests Hilton Nuremberg for $17.5M

Hotel Management · 29 Mar

Lodging REIT Park Hotels & Resorts has closed on the sale of the 152-room Hilton Nuremberg in Germany for $17.5 million ($115,000 per key). The buyer

Michels & Taylor, Freo Group complete partnership agreement
Michels & Taylor, Freo Group complete partnership agreement

Hotel Management · 4 Mar

As the International Hotel Investment Forum began in Berlin, European hotel management and advisory company Michels & Taylor announced that it has co

Hilton Santa Cruz changes hands for $50M
Hilton Santa Cruz changes hands for $50M

Hotel Management · 27 Feb

Ashford Hospitality Trust purchased the Hilton Santa Cruz/Scotts Valley, a 178-room hotel in Scotts Valley, Calif., from The Arden Group for $50 mill

Hotel asset manager compensation fair, but should be higher for some, says AETHOS
Hotel asset manager compensation fair, but should be higher for some, says AETHOS

Hotel Management · 9 Apr

A new study out by AETHOS Consulting Group illustrates compensation for hotel asset managers, and high-performing, SVP-level asset managers may have

Barings finalizes sale of seven-hotel portfolio in U.S.
Barings finalizes sale of seven-hotel portfolio in U.S.

Hotel Management · 6 Feb

Asset manager Barings, a MassMutual subsidiary, completed the sale of a $650-million portfolio of seven hotels in the U.S. to a Hong Kong-based inves

Wells Fargo launches Hotel Franchise Finance division
Wells Fargo launches Hotel Franchise Finance division

Hotel Management · 17 Oct

Wells Fargo Corporate Banking, part of Wells Fargo & Company, formed the Hotel Franchise Finance division to provide real estate financing to multiun

Nonrecourse hotel loans entail less risk, more benefits
Nonrecourse hotel loans entail less risk, more benefits

Hotel Management · 10 Oct

Lenders provide many options for financing in the hotel industry, but finding the right debt for an asset can sometimes be a daunting experience, esp