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Actual Share

Actual Share

The percentage of room nights or revenue that a hotel captures from its competitive set is called the actual share. This metric is calculated by dividing the total room nights the hotel sold by the total room nights sold by ...

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Chesapeake to Manage, Redevelop Mount Vernon Hotel

Chesapeake to Manage, Redevelop Mount Vernon Hotel

GREENBELT, Md.—Chesapeake Hospitality has announced the management and redevelopment of the Mount Vernon Hotel in Baltimore, Md. Located off W. Franklin Street, this historic landmark, currently known as the Mount Vernon Hotel, will soon be redeveloped into a 170-room Hotel ...

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Chesapeake Hospitality to Manage Milwaukee River Inn

Chesapeake Hospitality to Manage Milwaukee River Inn

GREENBELT, Md.—Chesapeake Hospitality has added the management of the Milwaukee River Inn located in Glendale, Wis., to its full-service management portfolio. The Milwaukee River Inn was most recently operated under the Hilton flag, but will immediately begin a complete multi-million ...

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SoTHERLY Hotels Acquires Georgian Terrace Hotel

SoTHERLY Hotels Acquires Georgian Terrace Hotel

WILLIAMSBURG, Va.—SoTHERLY Hotels Inc. has acquired the Georgian Terrace Hotel, an adjacent 698-space parking structure, and a 0.6 acre development parcel for $61 million. The 326-room independent, full-service hotel is located in Atlanta, Ga.’s revitalized Midtown business district. The hotel ...

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