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HFTP and Hospitality Net Partner on Investment Sentiment Survey, Ahead of the Inaugural HITEC Technology IC

Hospitality Net

Hospitality Net and Hospitality Financial and Technology Professionals (HFTP®) are collaborating on a brand-new survey which aims to gather and analyze data on current investment trends, funding needs, future investment priorities, technology adoption rates, and the overall market dynamics within the hotel technology ecosystem.

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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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IHG reports Q1 global RevPAR up 2.6%

Hotel Business

increase YOY adjusting for Iberostar Net system size grew 3.4% YOY and is flat YTD; adjusting for Iberostar, net system size is up 3.2% increase YOY adjusting for Iberostar Net system size grew 3.4% YOY and is flat YTD; adjusting for Iberostar, net system size is up 3.2% Net system size growth was 1.0% in the U.K.,

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Ashford Trust sells Georgia Hampton Inn for $8.1M

Hotel Business

Ashford Hospitality Trust Inc. The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. All of 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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The latest US hospitality survey unveils future travel trends

Hospitality Net

Is the “hush workcation” the new vacation trend? Nearly a third of Americans admitted they’ve worked remotely on vacation without telling their bosses.

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What does a Hotel Manager do?

Hospitality Net

Hotel Managers have one of the most challenging yet rewarding jobs in hospitality, and that’s why the job is not for the faint-hearted. The role attracts those who have high ambition, a passion for service, and are natural-born leaders. A career in hotels can be exciting, luxurious, and lead you to travel the world.

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A major culture problem: why people don’t want to work in hospitality

Hospitality Net

Plugging the huge shortage of staff in the hospitality sector is a narrative we’ve been grappling with for years now. People are no longer surprised to hear that there are more than 100,000 vacancies in hospitality at any one time, nor that the proportion of vacancies has increased by 48% since the Covid-19 pandemic (UK Hospitality).

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