2 hours ago AHLA proudly serves our members who represent every segment of the hotel & lodging business across the country. We are the singular voice that brings together and represents the industry’s multitude of constituents and our members include: Leading global hotel brands. Hotel owners, management companies and Real Estate Investment Trusts (REITs)
6 hours ago Real Estate Taxes – Includes all taxes assessed against the real property by a government or public agency. Personal Property Taxes – Taxes on furnishings, fixtures, and equipment. This also includes any profes-sional fees incurred by the property in appealing a tax assessment.
3 hours ago Real Estate Taxes – Includes all taxes assessed against the real property by a government or public agency. Personal Property Taxes – Taxes on furnishings, fixtures, and equipment. This also includes any professional fees incurred by the property in appealing a tax assessment.
3 hours ago Dune Real Estate Partners 640 Fifth Avenue, 17th Floor New York, NY 10019 (212) 301-8371 [email protected] Mobile (646) 717-6085. Raj Chandnani . Executive Vice President . Chief Development Officer . WATG . 601 West 5th Street, Suite 800 Los Angeles, CA 90071 . …
7 hours ago Lodging Hospitality (now part of National Real Estate Investor) www.nreionline.com Lodging Magazine American Hotel & Lodging Association www.lodgingmagazine.com The Rooms Chronicle www.roomschronicle.com Today's Hotelier www.todayshotelier.com MEETINGS & CONVENTIONS Black Meetings & Tourism www.blackmeetingsandtourism.com Convene
6 hours ago Without action to shore up debt servicing, including in the CMBS market, this crisis will lead to widespread foreclosures, snowballing into mass disruption and a critical lack of liquidity in the commercial real estate market.
6 hours ago A new analysis released by CBRE Hotels’ Americas Research, a leading real estate research company, released Hosts with Multiple Units – A Key Driver of Airbnb Growth, which adds to the overwhelming weight of evidence showing that short-term rental companies – and specifically Airbnb – are providing a platform for commercial operators to
Just Now billion in hotel real estate taxes at risk.7 Also in jeopardy is the approximately $400 billion of state and local taxes generated by the shopping center industry that goes to support local communities, public safety resources and infrastructure. Before COVID-19, many of the various real estate …
3 hours ago Without action, an unprecedented wave of hotel foreclosures will ripple out from the commercial real estate market causing permanent job losses for thousands and the loss of billions in tax revenue to local municipalities supported by hotels.
9 hours ago Among hotel owner respondents, more than half are in danger of foreclosure by commercial real estate lenders. AHLA conducted the survey of hotel industry owners, operators, and employees from July 23-27, 2020, with more than 1,200 respondents. Key findings include the following:
9 hours ago The challenges facing commercial real estate are not confined to the CMBS market. Many commercial properties with traditional financing continue to struggle due to the economic hardship created by the COVID-19 pandemic, despite the actions to-date by Congress, the Administration, and individual lenders.
4 hours ago Prior to joining G6 Hospitality, Juceam served as CEO of BRE Hotels and Resorts, a non-listed real estate investment trust focused on the ownership of upscale, extended-stay and select service hotels. During his tenure, he supported business development and drove efforts to identify opportunities in markets that have multiple demand generators
7 hours ago The study, conducted by a leading real estate research company CBRE Hotels’ Americas Research and funded by the American Hotel & Lodging Education Foundation, echoes a growing body of research that shows Airbnb “hosts” renting out two or more entire home units are the fastest growing segment of Airbnb’s business in the U.S., generating
6 hours ago Rob Tanenbaum Executive Vice President, Asset Management of Park Hotels and Resorts Robert Tanenbaum is the Executive Vice President, Asset Management of Park Hotels and Resorts (NYSE: PK), a real estate investment trust with 67 properties and over 35,000 hotel rooms.
9 hours ago The rise of these commercial hosts represents a large and growing revenue stream for short-term online rental platforms like Airbnb,” said Dr. John O’Neill, Professor and Director of the Center for Hospitality Real Estate Strategy at Pennsylvania State University, who directed the research.
Just Now An Update on Hotel Commercial Real Estate The hotel segment of the commercial mortgage-backed securities (CMBS) market has been the most heavily hit since the beginning of the COVID-19 pandemic. Below are some statistics that summarize the current conditions of the CMBS hotel sector. The data is as of July 2020, the most recent data available.
9 hours ago HOTEL REAL ESTATE COVID-19 UPDATES FROM WEEK OF 03.23.2020 by hotelAVE . STR REVPAR TRENDS – 3 WEEKS OF COVID-19 IMPACT (-12%, -33% and now -70%) According to CBRE and SunTrust, we are 7 weeks behind China and 3 weeks behind Italy. Week Ended: 7-Mar 14-Mar 21-Mar 7-Mar 14-Mar 21-Mar 7-Mar 14-Mar 21-Mar
9 hours ago AH&LA is a national association representing all sectors and stakeholders in the U.S. lodging industry, including owners, Real Estate Investment Trusts (REITs), chains, franchisees, management companies, independent properties, suppliers, and state associations.
2 hours ago It is one of the three oldest continually-operating hospitality management programs in the United States and offers a Bachelor of Science (B.S.), Master of Science (M.S.) and Doctor of Philosophy (Ph.D.) in Hospitality Management. The school houses the Center for Hospitality Real Estate Strategy under the direction of Dr. John W. O'Neill.
7 hours ago Michelle S. Russo, CHAM, MAI, CHA, has more than 30 years of practical, hands-on experience with hotels, restaurants, resorts, convention centers, real estate, and finance. She has worked on thousands of hotel assets across the United States and, in 2003, founded Hotel Asset Value Enhancement, one of the largest hospitality asset management firm with a current asset management portfolio
7 hours ago commercial real estate mortgages owned by a CMBS trust CREFC’s dialog with constituents within the CMBS community have indicated that the following are best practices when submitting requests for relief due to circumstances brought about by COVID-19 impacts. First, required loan payments should continue to be made to the extent possible.
6 hours ago The 235-room Aloft South Beach was developed by JMH Development and Madden Real Estate Ventures and is managed by Highgate. Hampton Inn Chicago Motor Club - Chicago, IL The 143-room Hampton Inn Chicago Motor Club was developed by Murphy Asset Management and is managed by Crescent Hotels & Resorts. Residence Inn Chicago Downtown/Loop - Chicago, IL
8 hours ago RLJ Lodging Trust is a self-advised, publicly-traded real estate investment trust focused on acquiring premium-branded, focused-service, and compact full-service hotels. The company's portfolio consists of 147 hotels and two planned hotel conversions, with a total of more than 23,100 rooms located in 21 states and the District of Columbia.
9 hours ago The B. F. Saul Company, founded in 1892, is a privately-held diversified real estate and banking concern based in the Washington, D.C. area. The Hospitality Group owns and operates a portfolio of 20 business class hotels, which are affiliated with Intercontinental Hotels Group, Marriott, and Hilton.
Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time.
Real estate is often a referral-based business. Those who are involved in the business longer typically are the most successful. Those with 16 years or more experience earned the highest real estate income: approximately $78,850 on average.
Dallas tops the list of real-estate markets over the period studied, exhibiting strong price appreciation, while remaining a market in which investors saw strong rents relative to property values.
Manhattan real estate is the most expensive in the US per square foot with some properties topping $10,000: Study. Move over San Francisco — the Big Apple tops Silicon Valley as most expensive place to live in the United States, a new study shows.