Keyword: Hunter Hotel Advisors
RLH Corp. and Pebblebrook continued their disposition plans, TJM Properties sold a closed 500-room hotel and two properties in the South were traded.
The direct hospitality lender sold its stake in the 182-suite Panama City Beach hotel to Wesley and Donna Spruill.
In its second day, the Hunter Hotel Investment Conference included discussions about the industry's financial future, employee culture and changes needed.
The mood at the annual Atlanta event was marked by cautious optimism despite hotel executive's concerns about what the future will bring.
Since joining Sage in 2014, Stambules has been a part of the company’s acquisition team as the director of feasibility.
Brokers remain upbeat about the direction of the hotel transaction business despite rumblings about the current cycle's end.
The Hampton Inn & Suites in St. Augustine, Fla., and the Courtyard by Marriott in Cranbury, N.J., traded hands at the end of 2018.
The 119-room hotel, now operated by Marshall Hotels & Resorts, opened in 2008 and underwent a renovation in 2017.
Driftwood Hospitality Management, Driftwood Acquisitions' sister company, will manage the three Fairfield Inn & Suites properties.
It’s no longer enough for hoteliers to set targets for revenue in 2018; now they should be setting targets for the cost of making sales.