Apple Hospitality REIT buys hotels for a total of $85M
Apple Hospitality REIT has acquired two hotels, spending a total of $85 million. It purchased the 134-room AC Hotel by… Read More »
Hilton CEO: Rates will rise as under supply meets demand
Hilton Hotels CEO Christopher Nassetta warns that as the travel sector continues to recover hotel rates will continue to climb… Read More »
How hotels are facing the rising cost of utilities
Though hotels’ utility costs declined during the pandemic shutdown, they are now rising as travel returns and are growing faster… Read More »
Biden goes after resort fees
President Joe Biden has pledge to eliminate “junk fees” charged by resorts, airlines and cable companies, urging transparency in pricing…. Read More »
3 tax credits to help hotels
Though hotels were hard-hit by the pandemic, several tax credits are available, writes Terracina Maxwell of Clarus Solutions. Maxwell explores… Read More »
Fla. trade association offers hurricane relief to hotels
Hotel and restaurant owners in four Florida counties hit by Hurricane Ian are eligible for $10,000 grants from the Florida… Read More »
Oetker Collection to transform Palm Beach, Fla., icon
The Oetker Collection will transform the Chesterfield, an iconic 100-year-old boutique hotel in Palm Beach, Fla., which was sold this… Read More »
3 Hilton, Marriott properties sold
The 135-room Courtyard Myrtle Beach Broadway, the 147-room Hilton Garden Inn Roanoke Rapids and the 148-room Courtyard Charlotte Airport have… Read More »