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Major mid-price hotel operator Extended Stay America has reduced its owned-room portfolio more than 10% in pursuit of an “asset-lite” model it hopes will foster stability, according to The Wall Street Journal. Most of the sold-off properties become franchised as the chain aims for a mix of 70% owned and 30% franchised.
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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