Home / Finance + Development (page 30)

Category Archives: Finance + Development

Feed Subscription

Hersha Hospitality Trust Closes Sale of Hotel 373

Hersha Hospitality Trust Closes Sale of Hotel 373

PHILADELPHIA—Hersha Hospitality Trust announced that the company has closed on the previously-announced sale of Hotel 373 in midtown Manhattan for $37 million, or approximately $529,000 per key. “The successful closing of the sale of Hotel 373 at attractive pricing highlights ...

Read More »

Hotels Continue to Invest in People and Technology

Hotels Continue to Invest in People and Technology

The introduction of technology has influenced the duties of on-site hotel sales personnel over the years. The Internet, sophisticated revenue management programs, and social media provide marketing professionals with an array of new tools. Investment in technology is often justified ...

Read More »

Marriott Hotels Expands Brand in China

Marriott Hotels Expands Brand in China

Tianjin, China—Marriott International has opened the 282-room Jixian Marriott Hotel, taking the total number of properties under its Marriott Hotels brand in China to 16. Under a long-term management agreement with Saint Light Investment Group, the hotel is a pioneer ...

Read More »

Five Hyatt Place Hotels to Open in Central America

Five Hyatt Place Hotels to Open in Central America

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a master development agreement with LATAM Hotel Corp. to develop 10 Hyatt Place hotels in Central America and Mexico and that Hyatt affiliates have entered into franchise agreements with ...

Read More »
Scroll To Top