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
The skies are undoubtedly sunnier for many hotel owners and investors as vaccines are rolling out and businesses open up. A perfect example of this
It’s true… the Covid-19 pandemic has dealt a major blow to the hospitality industry. With tourism stifled and convention centers abandoned, many hotel owners have
In 2019, hotels across the country experienced a tremendous bull run from the last recession. Capital was abundant, supply was plentiful, and demand was high.
“Less is more”, as Coco Chanel used to say, may no longer apply exclusively to the fashion world. In light of the “new normal” brought
Congress has authorized a much-needed second round of Section 1112 payments to eligible SBA loan recipients. This funding is available to eligible, non-casino hotels and
The hospitality industry evolves at a rapid rate. That hasn’t been more truthful than with recent global events that shape all aspects of lives. The