Sat.Feb 24, 2024 - Fri.Mar 01, 2024

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Ashford Trust Signs Agreement to Sell Hilton Boston Back Bay

Lodging

DALLAS—Ashford Hospitality Trust, Inc. 31, 2023, the hotel’s net income […] The post Ashford Trust Signs Agreement to Sell Hilton Boston Back Bay appeared first on LODGING Magazine. The sale is expected to be completed in March and is subject to normal closing conditions. For the trailing 12 months ended Dec.

Sales 173
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Ashford to sell Hilton Boston Back Bay for $171M

Hotel Business

Ashford Hospitality Trust Inc. 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 capitalization rate on 2023 net operating income, or 12.3x 2023 hotel EBITDA.

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What can hospitality learn from airlines?

Mews

In 2023, the industry’s net profit margin was less than three percent. This requires an ambitious approach to utilization, and it’s definitely something hospitality can learn from. The utilization mindset Running a profitable airline is hard.

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Unveiling the Top 22 Luxury-Evoking Words in Luxury Branding

MediaBoom

Explore the strategic use of synonyms and repetition to craft impactful copy for High-End Brands Uncover the specific words consistently employed by luxury brands to elevate their presence and appeal to high-net-worth individuals. Your content should focus on selling an experience, not just a product. Wondering why?

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Marriott announces first Marriott All-Inclusive in the Dominican Republic

Hospitality Net

Marriott International in the Caribbean and Latin America announced today the latest addition to its All-Inclusive by Marriott Bonvoy portfolio with the signing of Marriott Miches Beach, An All-Inclusive Resort, currently the Sunrise Miches Beach Resort in Dominican Republic.

Resorts 255
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Omni Hilton Head Oceanfront Resort Welcomes New Era of Coastal Elegance with $26 Million Property-wide Renovation

Hospitality Net

Omni Hilton Head Oceanfront Resort has unveiled the completion of its highly anticipated $26 million property-wide renovation.

Resorts 264
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Life House Expands Into Oaxaca

Hospitality Net

Life House has expanded its footprint to Oaxaca, Mexico with the management of Casa Yuma, a beachfront boutique hotel and restaurant set to open in March 2024 in Puerto Escondido.

Travel 214