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The status of the economy-hotel segment is markedly different from that of the boom years in the 1980s, this feature says. Average occupancy in U.S. markets has yet to surpass 60 percent for a full year since 1995 as deteriorating supply continues to erode revenue. However, the recent acquisition of the Motel 6 and Studio 6 brands by a Blackstone Group affiliate has raised hopes that the sector will finally see a recovery. Read the HotelNewsNow.com story here.
The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.
2023 Virtual Men’s Round Table was held on November 7th, 2023 via Zoom.
Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces the completion of a capital improvement project at the Glenpointe Marriott, a 351-room full-service hotel located on the company’s Glenpointe corporate campus in Teaneck, N.J. The capital improvement project transformed the hotel’s 39,317-square-foot
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