Hotel Business

OCTOBER 17, 2023

Mumford Company, a full-service hospitality brokerage advisory firm since 1978, has completed a number of deals this year to close a robust third quarter. In the last few weeks, the firms closed several deals representing a broad range of property types throughout the U.S.

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Hotel Business

APRIL 29, 2024

Ashford Hospitality Trust Inc. has closed on the sale of the 85-room Hampton Inn Lawrenceville in Lawrenceville, GA, for $8.1 The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. million ($95,300 per key). appeared first on hotelbusiness.com.

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Hotel Business

JANUARY 2, 2024

“We wish MMI Hospitality nothing but success as they steer the property forward into the next generation of ownership.” Benjamin Yelm, Marcus & Millichap’s broker of record in North Carolina, assisted in closing the transaction.

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Hotel Business

FEBRUARY 29, 2024

Ashford Hospitality Trust Inc. The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. Excluding the anticipated capital spend, the sale price represents an 8.7% 2023 hotel EBITDA.

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Hotelier Magazine

MARCH 4, 2025

This is truly a rare opportunity to own in the heart of the Whistler Village, steps away from Whistler Blackcomb, North Americas largest ski resort, says Curtis Gallagher, principal, VP, Canadian hospitality lead, Avison Young. The closing date is scheduled for May 29, 2025. Resort Lists for Sale appeared first on Hotelier Magazine.

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Lure Agency

AUGUST 5, 2022

It’s no secret that there are a lot of misconceptions about hospitality B2B marketing. Let’s Get Real About B2B Hospitality Marketing First things first, what is B2B hospitality marketing? This could include anything from hospitality tech and meeting space to catering services and event planning.

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Horizon Hospitality

APRIL 22, 2024

However, by using DISC and similar types of personality assessments , senior living sales leaders realize that the most successful professionals tend to be more aggressive. They are more likely to push the sales process forward and help sales leads to get off the fence. appeared first on Horizon Hospitality.

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Cloudbeds

OCTOBER 9, 2024

. “Efficiency is a key factor in maximizing hotel group sales and meeting revenue,” said Ryan Hamilton, Co-founder of STS Cloud. “We designed STS Cloud to streamline every part of the sales process—from pipeline management and group block creation to event orders and digital contracts.

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Lure Agency

AUGUST 23, 2022

The hotel sales process can be complex, but it doesn’t have to be mysterious. The InnSync Show’s Cory Falter recently chatted with Tammy Gillis, sales performance expert from Gillis Consulting and Training , Inc., Tammy says there are two distinct sales types: gathering and hunting. This is a big mistake.

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Hotel Business

DECEMBER 5, 2022

Hotel management and development company Concord Hospitality is one of these companies which has integrated strategies across its departments to reduce its carbon footprint. McAteer: Growth for our business and our people is closely tied to the growth of our overall footprint. To the community, to the planet, future generations.

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eZee Absolute

JULY 27, 2022

A hotel’s sales process doesn’t come cheap. You as a hospitality hiring manager should always give candidates precise expectations of the role and what success looks like in it. Furthermore, it improves your hiring process by filtering candidates in the initial stage itself. And your hotel’s sales team is no exception.

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Hotel Business

DECEMBER 4, 2024

Ashford Hospitality Trust Inc. The sale is expected to be completed in January and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the company’s anticipated capital expenditures, the sale price represents a 5.9%

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