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Log In / Register | Aug 14, 2018

Banyan Investment Group Acquires Hampton Inn Terre Haute

Atlanta-based Banyan Investment Group has acquired the Hampton Inn in Terre Haute, Indiana, which is located on a high-visibility 2.5 acre site along Interstate 70.

Hotel Operators Control Utility Costs

After two years of declining revenues and profits, U.S. hotels turned the corner in 2010. According to the 2011 edition of Trends in the Hotel Industry published by PKF Hospitality Research (PKR-HR), the average hotel in the nation achieved a 4.8 percent increase in total revenue during 2010.

Working in an Ivory Tower

Steve Joyce recently appeared on the television program Undercover Boss, where he disguised himself to work unrecognized among hotel staff. He shaved his mustache and dyed his hair.

So You're Not Happy with Your Franchise

So you are not happy with your franchise and you are thinking about changing flags? Really??? It is a conversation and a personalized reality check that I have with many clients each and every year.

Strong Hotels Will Wait for Next Up Cycle to Sell

In 2008 it is evident that liquidity in the hotel ownership market has been drastically reduced, RevPAR expectations have been revised downward, and transactions have considerably slowed.