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SBE Moves to Asset-Light Model

SBE Moves to Asset-Light Model

Hospitality, real estate, and entertainment company SBE, helmed by Sam Nazarian, is moving to an asset-light model so it can focus on its management operations, according to this article from Bloomberg. Nazarian is putting his SLS Beverly Hills hotel on ...

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Ace Hotel Potentially Coming to Downtown Brooklyn

Ace Hotel Potentially Coming to Downtown Brooklyn

GFI Capital Resources is nearing a deal with the Ace Hotel chain to open a property in downtown Brooklyn, according to this report from the Commercial Observer. Allen Gross, president and CEO of GFI Capital Resources, acquired a site a few ...

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Dorchester Collection Hotel Boycott Grows

Dorchester Collection Hotel Boycott Grows

Virgin Group Founder Richard Branson is the latest celebrity to encourage the boycott of the Dorchester Collection luxury hotel chain over the owner’s ties to the introduction of Sharia law in the Sultanate of Brunei, according to this report from ...

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Choice Hotels Shares Road Warrior Survey Findings

Choice Hotels Shares Road Warrior Survey Findings

Choice Hotels International has announced the findings from its Road Warrior Survey, which shows that 73 percent of business travelers value location when selecting a hotel, followed by room value at 61 percent. Free WiFi ranked third on the list ...

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