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TPI Hospitality refinances Margaritaville resort in Florida

Hotel Business

The financing, provided by an institutional-grade balance sheet lender, repaid construction financing, returned equity to TPI and includes an earnout structure for future proceeds based on performance.

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Survey: NYU, EY offer CFO insights

Hotel Business

“Working alongside NYU SPS has helped us better understand where the hospitality industry is experiencing friction,” said Umar Riaz, EY Americas real estate, hospitality & construction consulting leader/EY Americas hospitality sector leader. Top two industry trends causing the most strain on hotel net operating income: 1.

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10 Tips When Buying a Hotel

MBA Hotels

Potential pitfalls of a major renovation include excessive room closures, negative guest reviews, or even losing a large client due to noise and construction. New construction also carries far greater risks than buying a performing hotel. To know which loan programs can finance renovations and PIP costs, go to [link].