The hotel industry is constantly pushing for innovative technology due to the ever-changing expectations of the modern traveler. 2022 has been a big year for hotel technology...
virtual reality tours and hotel bookings Virtual reality is no longer a teenager knocking about the living room, dreaming of becoming the next elite tennis...
You cannot overstate the importance of having and implementing the right marketing trends and strategies for your hotel. Critical factors like building brand awareness, optimizing...
Phoenix (May 24, 2022) – Dinesh “Dan” Rama and Kishan Gohel of NewGen Advisory proudly announce the sale of the Days Inn by Wyndham hotel...
Travel this summer should include consideration for responsible tourism. Modern travelers are seeking to know the impact of their travel plans on the world around...
It’s time for hotel owners and managers to prepare for the upcoming summer season. Expedia Group CEO, Peter Kern, tells Bloomberg that “summer 2022 will...
The modern young business person likes to travel. They consider themselves a digital nomad – or someone who could be – and they like the...
1031 exchange is not a mere tax bypass strategy. It’s a useful wealth creation principle. This exchange is popularly used by real estate investment moguls...
The cost of labor has been steadily on the rise. How will this affect the hotel market going forward? The rising cost of labor has...
Hotel brokerage kicks off partnership with $5K donation PHOENIX (January 12, 2022) – NewGen Advisory, a boutique brokerage firm specializing in exclusively hospitality assets, has...
The strategic swap of business properties is a useful way to defer capital gains taxes. A 1031 Delaware Statutory Trust (DST) uses the standard 1031...
As the world reopens after the pandemic, many industries are experiencing substantial increases in profitability. The hospitality industry is starting to grow leaps and bounds...
NewGen Advisory is pleased to announce the closing of a large, all-cash 1031 exchange transaction that the company was able to facilitate in 30 days...
Hotels working to meet ends meet and provide to those they can, have yet to reach pre-Covid levels of demand. Due to the market conditions,...
Phoenix— September 17, 2021 — NewGen Advisory (NewGen) assisted in the acquisition of the 40-unit Rodeway Inn by the city of Tempe to expand the...
Phoenix— September 14, 2021 — NewGen Advisory (NewGen) assisted in the acquisition of the 44-unit Travelodge Hotel by Housing Solutions of Northern Arizona (HSNA) to...
Phoenix, August 2021 – NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott. The property was opened in February of...
Covid-19 has altered the hospitality industry in many ways, impacting how hotels operate to survive while maintaining brand quality. Hotel managers have had to develop...
The hotel industry was one of the hardest hit by the COVID-19 pandemic. However, it is recovering and gaining momentum as assets change hands at...
Are you ready to welcome back international travelers? After a challenging year with various restrictions, the travel industry has adapted and is starting to open...
The hotel industry, along with the rest of the tourism sector, was one of the most affected by lockdown and restrictions. Finally, after months of...
After months of lockdown, hotels are open for business once again. However, the business will not go back to how it was, and innovative and...
The process of investing in a hotel provides various investment options. There are several methods to acquire property. Exploring these different options will bring prospective...
Phoenix, May 2021 – NewGen Advisory (NGA) created a task force to help hotel owners and alternative use buyers during the pandemic. The initiative tapped...