A commonly used hotel metric will edge lower in 2022 despite the hospitality sector improving, according to projections for 2022 by CoStar analysts. Convention hotels are expected to see falling average daily rates, a measure of how much revenue is generated per room, as group travel increases. … [Read more...] about 12.8.21: COSTAR PREDICTS REBOUNDING GROUP TRAVEL WHICH MEANS ONE HOTEL METRIC COULD SUFFER
8.14.17: Which Hotel Brands Are Eligible for CMBS Conduit Loans?
Most borrowers are aware that hotel properties are eligible for CMBS conduit loans. However, some sponsors mistakenly believe that all hotels are eligible for CMBS conduit loans, but that is not true. In general, independent hotels that are not operated under a nationally recognized franchise brand … [Read more...] about 8.14.17: Which Hotel Brands Are Eligible for CMBS Conduit Loans?
7.13.16: Why an Arizona Woman Sued More Than 30 Hotels at Which She’d Never Stayed!
A few years ago I wrote about predatory Americans with Disabilities Act (ADA) litigation that affected one of our clients. He paid $25,000 to settle a lawsuit brought by an attorney for a guest alleging that the ADA grab bars in the hotel shower were too high. Although the suit was without merit, … [Read more...] about 7.13.16: Why an Arizona Woman Sued More Than 30 Hotels at Which She’d Never Stayed!