Month: January 2020

Supported by lower interest rates, transaction activity held up during a year of uncertainty. This article addresses recent trends in hotel sales and capitalization rates, the course of hotel values since the last downturn, and the outlook for 2020. Published by: Suzanne Mellen/Hotel Online Published date: January 2020 Despite increasing concerns about a global economic

H&LA’s recent research for a project in Austin, Texas revealed some exciting new hospitality-related developments happening in the area. These developments will have a major impact on tourism, employment, and the general economy in the Austin area in 2020 and beyond. Austin-Bergstrom International Airport saw its busiest year ever in 2018, with more than 7.7

Insightful and well-researched article on dual branded hotels from Cornell University of Hotel Administrations’ The Scholarly Commons, titled ‘Do Dual-Branded Hotels Outperform Single-Branded Hotels?’ by Chekitan S. Dev and Eva Steiner.  This article discusses whether dual-branded hotels operate more efficiently than comparable single-branded hotels (and therefore deliver better bottom-line results).

In a company press release, HOF Village, LLC (HOFV), the owner of the premier sports, entertainment and media enterprise surrounding the Pro Football Hall of Fame in Canton, Ohio, announced that it will open a DoubleTree by Hilton hotel in Downtown Canton. The fully renovated hotel, which was acquired by HOFV in October 2019, is expected to open