What’s Attracting High Net-Worth Investors to Value-Add Assets?
More and more high-net worth investors plan on putting their money in value-add assets. As a wealth-management strategy, investing in high-value real estate is an effective way to grow and even protect one’s assets. That’s one of the reasons why investors are looking for value-add real estate properties. The move is also an excellent way […]
Radisson Hotel Group Invests in Meetings and Events Offering
Amenities continue to be a significant draw for hotel guests. By providing clients with spaces where they could plan and organize events, hotels can generate more rental revenues. The Radisson Hotel Group believes in the same idea, with the brand launching its new meetings and event spaces. The hotel group wants to become the number […]
Clean Tech: How Technology is Changing Hotel Linens
It takes an enormous amount of water—about 2,800 gallons of it—to wash a queen-size bed sheet. Factor in the chemicals needed to sanitize the sheets along with the annual cost of replacing hotel linens—which have risen by about 25 to 35 percent due to theft and persistent stains—and that gives you an idea of how […]
Ambiente, North America’s First Landscape Hotel, to Open in Sedona in 2020
Sedona has plenty of breathtaking views, given its well-known red rocks, fantastic sunsets, and some of the best resorts the country has to offer. With the first landscape hotel opening in late 2020, tourists have another reason to pay a visit. Ambiente is owned by Two Sister Bosses, a local Sedona company. The firm has […]
10 Lodging Investment Trends and Challenges of 2019
Being in the hospitality business means you’ll need to stay on top of trends and challenges. If you are on the hunt for a new property, here are some of the things you might need to discuss with your hotel brokerage firm. Labor issues Expect operating profits to take a hit after the recent labor […]