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Assessing the True Cost of Franchise Fees

Assessing the True Cost of Franchise Fees

The series of fees that hotel companies charge their franchisees covers a variety of services provided by the franchisor. PKF Hospitality Research’s annual Trends in the Hotel Industry survey discretely captures four of these fees—advertising and marketing, reservations, royalty, and loyalty ...

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Taking Advantage of New Hotel Tax Incentives

Taking Advantage of New Hotel Tax Incentives

Hotel owners now have a multitude of tax benefits available to them. These benefits come in the form of both conventional tax incentives like cost segregation, which has recently undergone changes, to incentives that help save energy, like alternative energy ...

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Laurus Corporation Acquires Marriott Warner Center Hotel

Laurus Corporation Acquires Marriott Warner Center Hotel

WOODLAND HILLS, Calif.—Laurus Corporation, a U.S.-based private real estate investment and development firm, has acquired the Marriott Warner Center hotel in Woodland Hills, Calif. Woodland Hills is located in the heart of Los Angeles County’s San Fernando Valley region, an ...

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FelCor Completes Exchange of 10 Joint Ventures Hotels

FelCor Completes Exchange of 10 Joint Ventures Hotels

IRVING, Texas—FelCor Lodging Trust Incorporated announced that it unwound joint ventures that owned 10 non-strategic hotels. Through an exchange of interests, FelCor now owns five of those hotels outright, and its joint venture partner owns the other five. The company ...

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