Understanding the Risks in Hotel Business and How to Survive

Businesses in the hospitality industry are very critical, they need constant updates to deal with the ever-changing needs and problems of their clients. To maintain their clientele, they need to improve on a regular basis. In this business, the risks are often greater as other business rivals are looking for anything that they can improve

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New Study Shatters Airbnb Homesharing Myth

The American Hotel & Lodging Association (AHLA) released a new report today that examines the rise of commercial activity taking place on Airbnb nationwide.

Spider launches new hotel concept aimed at millenials in Miami Beach

All-in-one real estate investment firm Spider is kicking off its first project in the hotel sector.

Hyatt Plans to Open Two Abu Dhabi Hotels in 2011

Hyatt Hotels and Resorts announced that two of its Abu Dhabi properties will open in the second half of 2011.  The Park Hyatt Abu Dhabi Hotel and Villas and the Hyatt Capital Gate are located near Abu Dhabi International Airport and will welcome business and leisure guests from all over the world. The Tourism Authority

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LaSalle Hotel Properties Acquire Viceroy Santa Monica

LaSalle Hotel Properties announced that it has acquired a leasehold interest in Viceroy Santa Monica for $80.1 million.  In real estate terms, a leasehold interest gives the tenant a limited interest in the property to inhabit for the term of the lease – in this case to operate a hotel. The hotel is an urban

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