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Industry News from HSyndicate |  | |
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Atlanta, Ga. to Host 2011 HFTP Annual Convention & Tradeshow
Hospitality Financial and Technology Professionals (HFTP®) announces Atlanta, Ga. as the host city of the 2011 HFTP Annual Convention & Tradeshow. HFTP's Annual Convention & Tradeshow offers attendees a way to find cost-effective solutions to their current work challenges, stay informed on the hottest hospitality industry topics, expand their network, increase their professional value and become empowered. The 2011 convention will be October 19-22 at the Omni Hotel at CNN Center in Atlanta, Ga.
The Problem With Marketing | By Conor Kenny
To quote a famous fellow Irishman (he’s famous, I’m Irish) George Bernard Shaw, playwright, once said; “The single biggest problem in communication is the illusion that it has taken place.” Marketing has never been so necessary. A changed landscape means the need for a new plan, a new marketing plan.
HEI Hotels & Resorts Sells Two Philadelphia Hotels to LaSalle Hotel Properties
HEI Hotels & Resorts (HEI), the nation’s fastest growing private owner/operator of hotel real estate, today announced that it has sold two of its Philadelphia hotels, the 294-room Westin Philadelphia and the 288-room Embassy Suites Philadelphia-Center City, to LaSalle Hotel Properties (NYSE:LHO), a leading real estate investment trust (REIT), for an undisclosed amount. Under terms of the deal, brokered by Hodges Ward Elliott, HEI will continue to operate the hotels on behalf of its new owners.
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News from Travel Industry Wire | | |
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News from HotelWorldNetwork.com | | |
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LaSalle REIT buys two Philadelphia hotels from HEI
Hodges Ward Elliott brokered the deal for the 294-room Westin Philadelphia and the 288-room Embassy Suites Philadelphia-Center City. HEI will continue to operate the hotels on behalf of their new owners.
ASH II sells Radisson Admiral Semmes in Alabama
Huff, Niehaus & Associates structured the sale of the Radisson Admiral Semmes Hotel in Mobile, Ala. The Radisson franchise was canceled at closing and the hotel will operate independently.
New Jersey college completes acquisition of Seaview Resort
The Richard Stockton College of New Jersey, in Galloway Township, finalized its purchase of the Seaview Resort for $20 million. Dolce Hotels and Resorts will continue to operate the property, and the college is planning numerous upgrades.
Broker, lender shopping $100 million for hotel assets
Summit Capital announces access to $100 million from an undisclosed lender, targeting transactions on existing high-quality assets up to approximately $15 million with a minimum debt coverage ratio of 1.4 on a 20-year amortization with a three to five year term.
PCMA reorganizes with a focus on education
Brad Lewis has been named executive director, PCMA Education Foundation and Head, PCMA Education and the new 2011-2013 strategic plan becomes more member and education focused.
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News from AH&LA Smart Brief | | |
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