Wave of High-Priced Transactions Boosts Attractiveness of Construction Financing While lending for new U.S. hotel development lags behind loans for transactions and refinancing deals, the segment...
Gross operating profit for U.S. hotels improved to 84 percent of the comparable 2019 level, according to STR's June 2021 profit and loss data release. Labor costs also rose from the previous...
Wyndham Hotels & Resorts has unveiled its 21st brand, Registry Collection Hotels, adding a luxury offering to the upper end of the company’s growing portfolio. The brand’s flagship resort is...
Hotel Booking Window Remains Short, Could Lengthen This Summer Passengers wearing protective masks check in and drop off luggage at the Delta Air Lines ticket counter at Hartsfield-Jackson...
The hotel industry is closer to the finish line than the starting line of the pandemic, and while leisure demand is still driving the recovery, hoteliers are seeing signs of life in group...
Extended-stay hotels have long been the industry’s answer to those seeking accommodations similar to an apartment, but without the need to sign a long-term lease. Stays can be as short as one...
Vaccinations, Direct Financial Assistance to Individuals Could Spur Demand The passage and expected signing into law of the American Rescue Plan Act of 2021 gives hoteliers reason to celebrate,...
In a further vote of confidence in the future of hospitality—and in the extended-stay sector, specifically—Blackstone and Starwood Capital Group have agreed to acquire Extended Stay America and...
Whether you are looking to buy a hotel or sell a hotel, Timm & Associates looks forward to the opportunity to work with you. We are dedicated to helping your company reach its goals and objectives. At Timm & Associates, we approach each hotel transaction with the highest level of integrity and with the highest regard for the parties involved.
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