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
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 month and in comparison with 2019. Each of the key profitability metrics,...
Timm Hotel | Aug 3, 2021 | 2 min read
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 the 144-room, all-suite Grand Residences Riviera Cancun in Mexico. The...
Timm Hotel | Jun 4, 2021 | 5 min read
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 Atlanta International Airport in Atlanta. (Bloomberg/Getty Images) By Dana...
Timm Hotel | Apr 22, 2021 | 5 min read
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 business and reasons to be optimistic. Speaking during the "North America...
Timm Hotel | Apr 9, 2021 | 3 min read
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 its paired-share real estate investment trust, ESH Hospitality, for $6...
Timm Hotel | Mar 15, 2021 | 3 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.
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