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Pebblebrook Chairman Jon Bortz
News

No More Mini Bars And Turndowns? Hotel CEO Says Industry Is In For A Major Change.

... coronavirus crisis and what he sees long-term for the hospitality industry post-coronavirus. Bortz said since the pandemic hit, ... to be a very, very slow and bumpy recovery," Bortz said. The hospitality industry is also struggling with getting employees to ...

Apr 22, 2020
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As Hotel Occupancies Crawl Out Of Basement, Dubai Hotelier Plans To Open U.S. Properties
News

As Hotel Occupancies Crawl Out Of Basement, Dubai Hotelier Plans To Open U.S. Properties

... to focus on long-term strategies to proactively target recovery in the hospitality sector," Leva Hotels CEO J.S. Anand said ... to the United States, New York University assistant professor and hospitality expert Richie Karaburun told Skift. He pointed out it ...

Jun 21, 2020
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Even Coronavirus May Not Quell Appetite For Flexible Office Space
News

Even Coronavirus May Not Quell Appetite For Flexible Office Space

... tenant experience with creative, efficient office design, high-touch hospitality service and shared community, giving rise to what we ... to flexible office solutions even more. Especially if the recovery is slow and halting, companies will probably turn to ...

Apr 06, 2020
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Investors Getting Ready To Bet On Hotels' Comeback
News

Investors Getting Ready To Bet On Hotels' Comeback

... opportunity was most extant and you could actually see a recovery and pro forma, it would have to be hotels,” Solomon ... investment firm will most likely invest in hotels and other hospitality properties in 2021 and 2022, he said. Conversely, investment even ...

Jun 15, 2020
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This Week's Chicago Deal Sheet
News

This Week's Chicago Deal Sheet

... of this transaction, coinciding with Chicago’s post-pandemic recovery progress, is auspicious,” Oxford Hotels & Resorts CEO John ... real estate at Advocate Aurora Health. *** JLL Hotels & Hospitality added Mike Wernet as a senior vice president, asset ...

Aug 10, 2021
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Mayor Signs Law Shielding Retail Tenants From Landlords
News

Mayor Signs Law Shielding Retail Tenants From Landlords

... New York City retail tenants and the hospitality industry received some relief from City Hall ... a disaster no one saw coming."  New York City Hospitality Alliance Executive Director Andrew Rigie lauded the new laws ... of our city’s economic and social recovery.”

May 27, 2020
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Lollapalooza Packing Downtown Hotels, But Its Huge Crowds Carry A Risk
News

Lollapalooza Packing Downtown Hotels, But Its Huge Crowds Carry A Risk

... 's visibility as a whole as well as its entire hospitality ecosystem. We need to, of course, keep our eye on ...

Jul 28, 2021
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Conservatism During The Expansion Is Paying Off For REITs So Far
News

Conservatism During The Expansion Is Paying Off For REITs So Far

... the year, more REITs — especially those focused on retail and hospitality — could fall victim to distress. Vert Asset Management CEO ... are probably less likely in the near term because the recovery is so uncertain,” Green Street Advisors Senior Analyst Eric ...

Apr 27, 2020
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Coronavirus Has Put The Hotel Industry In A Tailspin. What Can Lenders Do To Help?
News

Coronavirus Has Put The Hotel Industry In A Tailspin. What Can Lenders Do To Help?

... of business development at Access Point Financial, an Atlanta-based hospitality lender. “This wasn’t something the hotel industry could ... are more optimistic and are already looking toward the recovery. Clients in that category are using the downtime as ...

Apr 07, 2020
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The Coming Year Could Still Be 'A Roller Coaster Ride' For Chicago Hotels
News

The Coming Year Could Still Be 'A Roller Coaster Ride' For Chicago Hotels

... , Los Angeles and San Francisco. “We’ve got the longest recovery ahead, that’s for sure,” she said. Habeeb indicated agreement ... the sentiment but added that with Chicago’s path to recovery at least visible, new development deals are possible again. His ...

May 12, 2021
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