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Occidental Completes Long-Term Debt Refinancing

Occidental Completes Long-Term Debt Refinancing

MADRID—Following months of negotiations, Occidental Hotels and Resorts has concluded its long-term debt refinancing process through an agreement with 10 Spanish and International entities which have endorsed the company’s 2012-2016 business plan. The process, supervised by financial advisors of the ...

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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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Hospitality Property Sales Expected to Jump in 2013

CHICAGO—Sales of hospitality properties across the United States are expected to increase in the foreseeable future, thanks to continued strength in property fundamentals, according to new research released by Marcus & Millichap Real Estate Investment Services. “Our Q1 2013 Hospitality ...

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Destinations Relaxation

Conventional wisdom says that high-end resort hotels are more vulnerable to economic recessions because of the discretionary nature of leisure expenditures. This wisdom rang true when we reviewed how upper-tier resorts performed during the recent recession and found how much ...

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Resorts Bounce Back

Resorts Bounce Back

Conventional wisdom says that high-end resort hotels are more vulnerable to economic recessions because of the discretionary nature of leisure expenditures. This wisdom rang true when we reviewed how upper-tier resorts performed during the recent recession and found how much ...

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