Lodging Partner’s News
Sale of the Windsor Hotel, a Historic Boutique Hotel in Americus, GA
Lodging Partners is pleased to announce it has arranged the sale of the Windsor Hotel, a Historic Boutique Hotel in Americus, GA. Lodging Partners exclusively represented the seller on this transaction, with the marketing and negotiations led by Ford [...]
Holiday Inn Express & Suites – Little River / North Myrtle Beach
Lodging Partners negotiates the sale of the Holiday Inn Express & Suites - Little River / North Myrtle Beach. This is the 21st Hotel deal that Lodging Partners has been involved with in the Myrtle Beach market [...]
SureStay Plus Hotel By Best Western – Asheboro, NC
Lodging Partners announced it has arranged the sale of the SureStay Plus Hotel By Best Western in Asheboro, NC. This is Lodging Partner's third transaction in this market. The Hotel has very strong performance, excellent CashFlow, and stable Revenue. [...]
Hampton Inn Laurinburg, NC
Lodging Partners is pleased to announce that it has arranged the sale of the Hampton Inn Laurinburg, NC. The Hotel is well-located along a highly trafficked corridor of US-74 near major companies & numerous local attractions and serves as [...]
Holiday Inn Express & Suites Asheboro
Lodging Partners announced it has arranged the sale of the brand new 87-room Holiday Inn Express & Suites Asheboro that just opened in 2021. The Hotel contains 18 large oversized suites and has an excellent location near area businesses, [...]
Hilton Garden Inn Kent Island
Lodging Partners is pleased to announce it has arranged the sale of the 91-unit Hilton Garden Inn Kent Island & Wells Cove Marina in Grasonville, MD. This is the 3rd property that Lodging Partners has represented for the Seller. [...]
Hotel Industry News
- PIPs in Perspective: Costlier Projects Negatively Affecting Economy Sectorby Chris Guimbellot on March 31, 2023 at 1:47 pm
Property improvement plans, or PIPs in industry parlance, can be a sore spot in the relationship between franchisors and franchisees. While auspiciously meant to align property standards with changing guest expectations, they can create a slippery slope for the franchisee in terms of amenity creep and be an expensive undertaking with a questionable return. In no area is this more apparent than the economy segment of the market. PIPs are Growing More Expensive Historically, hoteliers The post PIPs in Perspective: Costlier Projects Negatively Affecting Economy Sector appeared first on LODGING Magazine.
- 5 Senses Hospitality Management Opens AC Hotel Frisco Colorado Following Renovationby LODGING Staff on March 31, 2023 at 1:34 pm
FRISCO, Colorado—Denver, Colorado-based hotel company 5 Senses Hospitality Management has announced the opening of the AC Hotel Frisco Colorado by Marriott. The announcement comes nearly two years after the hotel’s acquisition in 2021 and subsequent renovation. Located off I-70, the property is nearby Summit County’s ski resorts including Breckenridge, Keystone, Copper Mountain, Beaver Creek, Arapahoe Basin, and Vail. The property is only six miles away from Sapphire Point, a hiking trail and wedding destination, along The post 5 Senses Hospitality Management Opens AC Hotel Frisco Colorado Following Renovation appeared first on LODGING Magazine.
- STR: U.S. Hotel Performance Fluctuates With Spring Break Seasonby LODGING Staff on March 31, 2023 at 1:14 pm
HENDERSONVILLE, Tennessee—Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR’s latest data through March 25, 2023. U.S. Hotel Performance March 19-25, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 64.9 percent (down 0.6 percent, down 6.3 percent)ADR: $158.61 (up 4.7 percent, up 19.5 percent)RevPAR: $102.98 (up 4.1 percent, up 12.0 percent) Among the Top 25 Markets, Chicago saw the highest year-over-year increase The post STR: U.S. Hotel Performance Fluctuates With Spring Break Season appeared first on LODGING Magazine.
- A Data Driven Storyby LODGING Staff on March 31, 2023 at 12:48 pm
What initially inspired you to get into the hospitality business? My interest and experience in telling a story with data is what led me to STR. This is where I really learned the full breadth and depth of the hospitality business and the opportunities in this industry. My first experience in hospitality was when I was teenager working as a hostess, then server, at Ruby Tuesday. Working in restaurants throughout my college years taught me The post A Data Driven Story appeared first on LODGING Magazine.
Upcoming Conferences
- Hotel Brokers International Conference – Las Vegas – February 21-23, 2023
- The Hunter Hotel Conference – Atlanta – March 21-23, 2023
- The remaining 2023 Hospitality Conference schedule is anticipated to be available soon, please check back later.