Drilling down on Remington Hotels' acquisition of Chesapeake Hospitality
Drilling down on Remington Hotels' acquisition of Chesapeake Hospitality
Dallas-based Remington Hotels, a wholly owned portfolio company of hotelier Monty Bennett’s holding company Ashford Inc., expanded its management portfolio significantly with the $26 million purchase on April 18 of Chesapeake Hospitality. Here's how the acquisition fits into the parent company Ashford Inc.'s growth strategy.
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Dallas-based Remington Hotels, a wholly owned portfolio company of hotelier Monty Bennett’s holding company Ashford Inc., expanded its management portfolio significantly with the $26 million purchase on April 18 of Chesapeake Hospitality. Here's how the acquisition fits into the parent company Ashford Inc.'s growth strategy.
Dallas-based Remington Hotels, a wholly owned portfolio company of hotelier Monty Bennett’s holding company Ashford Inc., expanded its management portfolio significantly with the $26 million purchase on April 18 of Chesapeake Hospitality. Here's how the acquisition fits into the parent company Ashford Inc.'s growth strategy.
The acquisition creates a global crop protection company with total sales exceeding $2 billion worldwide.
The acquisition creates a global crop protection company with total sales exceeding $2 billion worldwide.
Branded hotel managers are not bad people, but they’re sometimes bad managers if profitability is your objective. If you noticed that operating margins improved when brand standards were relaxed during the pandemic, and when the brands were forced to reduce corporate charges, you’re not alone. The brands will suggest that these were temporary measures reflecting […]
Branded hotel managers are not bad people, but they’re sometimes bad managers if profitability is your objective. If you noticed that operating margins improved when brand standards were relaxed during the pandemic, and when the brands were forced to reduce corporate charges, you’re not alone. The brands will suggest that these were temporary measures reflecting […]
Maryland has received federal approval to conduct an environmental study to help find a location for a new Chesapeake Bay crossing.
Maryland has received federal approval to conduct an environmental study to help find a location for a new Chesapeake Bay crossing.
This week’s round-up features green financing of hotels, efforts of the European Union to protect critical infrastructure, initiatives surrounding the IIJA to advance equity for historically disadvantaged businesses, and more.
Commercial real estate experts and developers are anticipating the demand for industrial space, which has outpaced supply over the past few years, to ease as interest rates creep higher. (Kate Carlson, MiBiz)
Six state department of transportation (DOT) heads have sign...
This week’s round-up features green financing of hotels, efforts of the European Union to protect critical infrastructure, initiatives surrounding the IIJA to advance equity for historically disadvantaged businesses, and more.
Commercial real estate experts and developers are anticipating the demand for industrial space, which has outpaced supply over the past few years, to ease as interest rates creep higher. (Kate Carlson, MiBiz)
Six state department of transportation (DOT) heads have sign...
Vacation Ownership Consultants
Hilton Grand Vacations Informed Owners of Diamond Resorts Acquisition.
Now that timeshare companies are looking to maximize future earnings, the race for the biggest pool of aspiring travelers has begun. Since the beginning of 2021, we’ve already seen Wydham merge with Travel + Leisure and Marriott’s PR to acquire Welk Resorts – even while timeshare owners struggle. This past week, Mark Wang, the President and CEO of Hilton’s Grand Vacations (HGV), made an ...
Vacation Ownership Consultants
Hilton Grand Vacations Informed Owners of Diamond Resorts Acquisition.
Now that timeshare companies are looking to maximize future earnings, the race for the biggest pool of aspiring travelers has begun. Since the beginning of 2021, we’ve already seen Wydham merge with Travel + Leisure and Marriott’s PR to acquire Welk Resorts – even while timeshare owners struggle. This past week, Mark Wang, the President and CEO of Hilton’s Grand Vacations (HGV), made an ...
After a two-year absence due to the pandemic, the Institute of Hospitality’s (IoH) black-tie Annual Dinner & Awards 2022 is back and will take place on 4 July 2022 at Hilton London Bankside with the search to find the very ‘best’ from within the global hospitality industry underway. This year the awards are open to ...
The post Institute of Hospitality launches Annual Dinner & Awards appeared first on FMJ.
After a two-year absence due to the pandemic, the Institute of Hospitality’s (IoH) black-tie Annual Dinner & Awards 2022 is back and will take place on 4 July 2022 at Hilton London Bankside with the search to find the very ‘best’ from within the global hospitality industry underway. This year the awards are open to ...
The post Institute of Hospitality launches Annual Dinner & Awards appeared first on FMJ.
The data center REIT reported more than $1.2 billion in total revenue in 2021.
The post KKR, GIP Close $15B Acquisition of CyrusOne appeared first on Commercial Property Executive.
The data center REIT reported more than $1.2 billion in total revenue in 2021.
The post KKR, GIP Close $15B Acquisition of CyrusOne appeared first on Commercial Property Executive.
Today we're joined by Russ Cofano, Vice-President of Industry Relations for Move.Com, to discuss the recent announcement that News Corp will be purchasing Move.Com. Cofano is a 25-year real estate industry veteran who joined Move.Com back in June 2014 as the senior vice president of industry relations, and in that role he develops strategy and business plans that further the company's open communications with the industry's leading companies and trade organizations as well as the technology s...
Today we're joined by Russ Cofano, Vice-President of Industry Relations for Move.Com, to discuss the recent announcement that News Corp will be purchasing Move.Com. Cofano is a 25-year real estate industry veteran who joined Move.Com back in June 2014 as the senior vice president of industry relations, and in that role he develops strategy and business plans that further the company's open communications with the industry's leading companies and trade organizations as well as the technology s...
The presence of pests in hotels should be dealt with promptly for the safety of guests. Pests create a health risk for humans and can be difficult to eradicate, which is why professional help is needed. ICE Cleaning, a specialist cleaning company, is a nationwide provider of pest removal solutions. Their technicians operate 24/7, 365 days a year, utilising the latest advanced solutions to remove pest infestations. In this article, the experts discuss the importance of professional pest removal i...
The presence of pests in hotels should be dealt with promptly for the safety of guests. Pests create a health risk for humans and can be difficult to eradicate, which is why professional help is needed. ICE Cleaning, a specialist cleaning company, is a nationwide provider of pest removal solutions. Their technicians operate 24/7, 365 days a year, utilising the latest advanced solutions to remove pest infestations. In this article, the experts discuss the importance of professional pest removal i...