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Consumers don't shop for "economy hotels." They shop for a price point, a product they like and an experience that works for them. That's a big reason I think Red Roof has an interesting opportunity right now. At its conference in Fort Lauderdale, the company laid out plans to grow Red Roof Plus+…
I'm at The Lodging Conference with Greg Friedman, CEO of Peachtree Group, talking about what happens when the cost of money moves faster than the economics of a hotel deal. Greg walks through a hypothetical $25 million loan where annual interest expense jumps from about $1 million to $2 million.…
During The Lodging Conference, Joseph Bojanowski, President of PM Hotel Group told me his Q4 booking pace is up double digits across group, transient, meetings and events, with Q1 tracking the same way. That's quite the different story than the broader economic mood. Low supply gives hoteliers p…
Ryan Bosch of Arriba Capital joined me at The Lodging Conference to talk through one of the toughest parts of the hotel investment market right now: the numbers keep moving faster than the deals. Treasury yields jumped more than 100 basis points, refinancing got more expensive and buyers started r…
I'm at The Lodging Conference with Wayne West III, President of Newport Hospitality Group, and we get into something most people never really think about: how much value you can create from the conversations between the sessions. Wayne comes to events like this with a plan. He knows who he wants…
Vastutamatussäte: Sellele lehele manustatud taskuhäälingusaade ja kunstiteosed pärinevad No Vacancy Live-lt, mis on selle omaniku omand ja ei ole seotud ettevõttega Listen Notes, Inc.