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Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update

Lodging Magazine

DALLAS, Texas—Ashford Hospitality Trust, Inc. percent capitalization rate on trailing 12-month net operating income through March 2024. All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. million ($95,300 per key).

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Hospitality Leaders Forum: Applejack

Hospitality Magazine

Hospitality magazine has long prided itself on being the industry’s go-to resource for the latest news, trends, openings, and movements that sweep across our ever-evolving industry. Ben Carroll Applejack Hospitality had a vibrant and eventful 2023. Already, we have seen a large shift to prix fixe and happy hours.

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Hospitality Softnet, Inc. Named a Top 10 Sales Training Company by ManageHR magazine

Hospitality Net

Hospitality Softnet, Inc. is honored to announce that it has been named a Top 10 Training Company in America by ManageHR magazine. Recognized for over 30 years as a leader in Sales Training for the hospitality industry, the company offers more sales training topics, delivering them in more ways, than any other competitors or brands.

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Ex-Gosford bistro operators penalised $9,990 in court

Hospitality Magazine

The post Ex-Gosford bistro operators penalised $9,990 in court appeared first on hospitality | Magazine. The Federal Circuit and Family Court imposed a $7,992 penalty against Tolu Investors and a $1,998 penalty against Goldsmith.

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Ashford Trust Signs Agreement to Sell Hilton Boston Back Bay

Lodging Magazine

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.

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Three JMBM Partners Recognized by EB5 Investors Magazine

Hospitality Net

JMBM is pleased to announce that partners Jim Butler, Catherine DeBono Holmes and David Sudeck have been named to EB5 Investors Magazine’s Top 15 Corporate and Securities Attorneys list for 2023.

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Radisson Hotel Group Joins Global Sustainable Tourism Council

Lodging Magazine

Brussels—Radisson Hotel Group joined the Global Sustainable Tourism Council (GSTC) to drive forward the hospitality industry’s sustainability agenda and support the development of integrated sustainable tourism practices. The post Radisson Hotel Group Joins Global Sustainable Tourism Council appeared first on LODGING Magazine.