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Gramercy Park Hotel on Market

Gramercy Park Hotel on Market

The 186-room Gramercy Park Hotel in New York is on the market. According to Crain’s New York Business, real estate investors Aby Rosen and Michael Fuchs hired brokerage firm Eastdil Secured to market the property. The pair developed the property ...

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Survey Shows Ebola Scare Affecting Travelers

DALLAS—Unicomm, producer of the leading series of travel shows in the U.S., surveyed nearly 6,200 active travelers in six major metropolitan markets regarding the potential impact of the current Ebola occurrences as they relate to their travel plans and their ...

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Median Franchise Cost is 11.8 Percent of Rooms Revenue

Median Franchise Cost is 11.8 Percent of Rooms Revenue

The median franchise cost is 11.8 percent of rooms revenue, according to the 2014 United States Hotel Franchise Fee Guide from HVS. Franchise fees for full-service brands were mostly above the median franchise cost, while extended-stay brands were largely below ...

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