A Trusted Advisor: The Evolved Role of the Broker Brings More Value to Owners
When I first started out in hotel brokerage back in the late 1980s, the market was unsophisticated and had not adopted the fiduciary focus that was required to establish trust. Con
Rising Interest Rates, Construction Costs Keep Hotel Supply Growth Muted
As a result of a significant spike in the cost of raw materials following the pandemic, as well as a steady increase in interest rates making it more difficult to finance projects,
Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio
PLANO, Texas— Aimbridge Hospitality, a leading global hospitality company, has assumed management of 71 hotels previously operated by Houston-based Terrapin Hospitality. With ove
Duetto Announces New Revenue Optimization Product
SAN FRANCISCO—Duetto released its revenue optimization product, Duetto Advance, at ITB Berlin. With event demand intelligence ingested from PredictHQ, the introduction of Advance
Red Roof to Open 50 Properties in 2023
COLUMBUS, Ohio—Red Roof will open 50 properties—new builds and conversions—in 2023, representing 60 percent year-on-year growth. The company attributes this growth to continu
Bruce Baltin Passes Away at 79
Hotel industry consultant Bruce Baltin passed away at age 79 earlier this month. He is survived by his wife, Tammi Baltin; his brother, Mark Baltin; his sister, Suzanne Jacobs; and
Success Story
What initially inspired you to get into the hospitality business? I’ve seen the hospitality business from many different perspectives in my life, starting at a young age when my
Dellisart Hospitality Offers Digital Media Audits
WRIGHTSVILLE BEACH, North Carolina—Dellisart Hospitality announced they are offering a digital media audit to the first twenty-five ownership groups that qualify. “With Google
Sign of the Times: Soul Community Planet Succeeds by Specializing in Holistic Hospitality
A prominent sign of the era of sustainable lodgings is the success of Soul Community Planet (SCP), a hotelier that prioritizes environmental responsibility, along with wellness and
IHG Announces First Regent Hotels & Resorts Property in the Americas
IHG Hotels & Resorts announced the first destination in the Americas for the reimagined Regent Hotels & Resorts on the beachfront of Santa Monica, California. Poised to ope