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The Top and Bottom Lines

Developers are attracted to extended-stay (ES) hotels because of the relative simplicity of their operations and their high profit margins. Low levels of staffing combined with limited offerings of services and amenities allow for a significant portion of topline revenues ...

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The James New York Trades for $85 Million

The James New York Trades for $85 Million

NEW YORK—Brack Capital Real Estate (BCRE), a global real estate investment and development company, announced today that The James New York was sold for approximately $85 million. Operations will remain unchanged as Denihan Hospitality Group will carry on management, along ...

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The Simple Life

The Simple Life

While most hotels are constantly upgrading their networking infrastructure and TV connections to accommodate the latest tech devices that guests bring along when they travel, some hotels are promoting a tech-free experience where guests are encouraged to take a break ...

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Crowne Plaza Edinburgh-The Roxburghe Opens

Crowne Plaza Edinburgh-The Roxburghe Opens

InterContinental Hotels Group (IHG) announced the opening of Crowne Plaza Edinburgh-The Roxburghe, located on Charlotte Square. The 198 room hotel is a Category A Listed Building, originally designed as a series of quintessential townhouses by Robert Adam, the Scottish neoclassical ...

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