U.S. hotel companies and real estate investment trusts reported higher revenues from groups booking rooms in the third quarter. Business Transient Demand Slow and Steady Many publicly traded U.S. hotel companies and real estate investment trusts reported a pickup...
Timm Hotel | Nov 30, 2023 | 9 min read
One of the biggest challenges for PIPs and renovations right now comes down to aligning project costs with scope. “It’s difficult to always put your thumb on what pricing for specific products will be in today’s market and then in the future, so it’s important to...
Timm Hotel | Oct 25, 2023 | 4 min read
Marriott International is launching a new brand for the Europe, Middle East and Africa market. Four Points Express by Sheraton, designed for the midscale segment, is a response to “growing consumer demand for reliable yet affordable accommodation” in the region,...
Timm Hotel | Sep 27, 2023 | 2 min read
Hotel operators can combat rising rates with audits, accountability, and awareness of post-pandemic challenges Just as ensuring hotel safety requires leaving no asset or process unexamined, the quest for affordable property coverage requires casting a wide net....
Timm Hotel | Sep 14, 2023 | 4 min read
Delivering an unrivalled commitment to quality and choice, new brand will be franchise-ready in early September ATLANTA (Aug. 16, 2023) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today launched its new midscale conversion brand,...
Timm Hotel | Aug 21, 2023 | 4 min read
Hilton Unveils New Brand, Spark by Hilton, a Value‑Driven Offering That Proudly Delivers Reliable Essentials and Friendly Service MCLEAN, Va. – Hilton (NYSE: HLT) today announced the launch of Spark by Hilton, the newest addition to its portfolio of world-class...
Timm Hotel | Jan 12, 2023 | 4 min read
A new analysis completed in partnership between the American Hotel & Lodging Association (AHLA) and Kalibri Labs projects hotel leisure travel revenue to be 14 percent higher by the end of this year than it was in 2019, with top cities like Orlando, Miami and...
Timm Hotel | Oct 18, 2022 | 2 min read
With the close of this transaction, Choice Hotels International has added approximately 67,000 rooms, expanding its presence in the higher revenue upper upscale and upscale full-service segments, and bolstering its core upper-midscale hospitality segment,...
Timm Hotel | Aug 11, 2022 | 3 min read
The future of hospitality: 2021 and beyond The pandemic in 2020 affected the hospitality industry severely—as we have never seen before. The effects have been even greater than what we saw in 2001 and 2008. This mega-event has shaken all our assumptions about...
Timm Hotel | Dec 30, 2021 | 4 min read
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 is making its return. Sources of capital have been wary of investing...
Timm Hotel | Nov 9, 2021 | 2 min read
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.
Sign up to our email list and stay connected to our latest properties!