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Unprecedented Package
Unprecedented Package    (3/26/2020)
Congress Greenlights $2 Trillion Stimulus; Hotel Leaders Call For Another Phase
AHLA Applauds Senate Passage Of CARES Act
AHLA Applauds Senate Passage Of CARES Act    (3/26/2020)
WASHINGTON—The following is a statement from Chip Rogers, AHLA president and CEO, on the Senate passage of the CARES Act. ...
Knighthead Funding Provides $30.5 Million Loan For Full-Service Boutique Hotel In Charleston, SC    (3/23/2020)
GREENWICH, CT—Knighthead Funding LLC has provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the ...
McKibbon Hospitality Establishes Associate Assistance Fund
McKibbon Hospitality Establishes Associate Assistance Fund    (3/23/2020)
TAMPA, FL—In the 94 years that McKibbon Hospitality has been in business, we have never endured more challenging times. COVID-19’s impact ...
HREC Arranges Sale Of The Fairfield Inn & Suites by Marriott - Savannah Midtown, GA    (3/19/2020)
DENVER–HREC Investment Advisors is pleased to announce it has arranged the sale of the 146-guestroom Fairfield Inn & Suites Savannah Midtown ...
UNITE HERE Local 5 Concerned About Preserving The Hilton Brand Value Amid Timeshare Acquisition Rumors    (3/19/2020)
HONOLULU--UNITE HERE Local 5 released a report detailing potential risks to the Hilton hotel brand value. UNITE HERE Local 5’s report ...
Relief Effort
Relief Effort    (3/18/2020)
AHLA, U.S. Travel Association Appeal To Government For Help For Lodging Industry
Mumford Company Completes Sale Of Holiday Inn Mobile    (3/18/2020)
NEWPORT NEWS, VA—Mumford Company, a full-service hotel advisory firm since 1978, announced today it completed the sale of the Holiday Inn ...
Park Hotels Withdraws 2020 Outlook Due To Increased Uncertainty    (3/10/2020)
TYSONS, VA--Park Hotels & Resorts Inc. (NYSE: PK) (the “Company” or “Park”) today announced that it is has withdrawn its previously ...
Midas Hospitality Closes Second Opportunity Zone
Midas Hospitality Closes Second Opportunity Zone    (2/11/2020)
ST. LOUIS--Midas Hospitality—a leading hotel development, management and investment firm—recently closed its second opportunity zone that funded its first California property. ...
Virtua Partners Completes Merger with Hotel Equities; Raises over $341 Million In 2019
Virtua Partners Completes Merger with Hotel Equities; Raises over $341 Million In 2019    (2/5/2020)
ATLANTA--Virtua Partners (together with its affiliates, “the firm”) today announced raising over $341 million in 2019. A significant portion of the ...
RobertDouglas Advises Geolo Capital and JW Capital Partners On Sale Of Thompson Washington, DC    (1/28/2020)
NEW YORK–-RobertDouglas announced today that it advised a joint-venture between Geolo Capital and JW Capital Partners in arranging the forward-sale of ...
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