Articles tagged “ashford hospitality”

Coronavirus

Hyatt’s $2.7 Billion Apple Leisure Group Acquisition Fuels European Growth

Hyatt's Apple Leisure Group acquisition gives it a major boost in its desired expansion into Europe. But it is also a shot across the bow to competitors like Marriott and Hilton as well as smaller brands. The battle is on to expand into the high-end leisure travel and all-inclusive resort sector.

Hyatt’s $2.7 Billion Apple Leisure Group Acquisition Fuels European Growth

Coronavirus

Hotels Face Bad Side of Good News: Accelerating Recovery Hinders Push for Federal Help

Weekend crowds on city streets don’t necessarily translate to sold-out hotels, but the optics threaten the hotel industry’s already long-shot push for targeted economic relief from the federal government.

Hotels Face Bad Side of Good News: Accelerating Recovery Hinders Push for Federal Help

Coronavirus

Hotel Company Mired in Pandemic Loan Controversy Shows It Didn’t Need Federal Money Anyway

Ashford Trust's survival strategy shows the Paycheck Protection Program may not be enough of a life raft for struggling hotels during the coronavirus pandemic.

Hotel Company Mired in Pandemic Loan Controversy Shows It Didn’t Need Federal Money Anyway
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Online Travel

How Covid-19 Is Reshaping Consumer Behavior — and What That Means for Travel Brands Right Now

The Covid-19 pandemic has altered nearly every aspect of the travel business as new habits, concerns, and demands become top of mind for consumers. Travel and hospitality companies should be paying close attention to these shifts to stay relevant and maintain trust in today’s challenging environment.

How Covid-19 Is Reshaping Consumer Behavior — and What That Means for Travel Brands Right Now

Coronavirus

Hospitality Company at Root of Loan Controversy Pivots to Survival Mode Sans Federal Help

Ashford Inc. wants to tout the strength of its smaller businesses that could benefit from changing guest expectations around health and safety, but it can't ignore the billions of dollars in hotel debt held by two of its associated real estate companies.

Hospitality Company at Root of Loan Controversy Pivots to Survival Mode Sans Federal Help

Coronavirus

The Delicate Balance for Hotel Owners in This Crisis Between Defaulting and Protecting a Portfolio

Braemar Hotels & Resorts may have a $3 billion lighter mortgage debt load than Ashford Hospitality Trust, but it still needs to find a way to buy time and protect assets, many of which are still temporarily closed.

The Delicate Balance for Hotel Owners in This Crisis Between Defaulting and Protecting a Portfolio

Coronavirus

Debt Woes Mount for Hotel Company Tied to Coronavirus Relief Loan Controversy

Ashford Hospitality Trust is running out of relief options for its billions of dollars in mortgage debt, and selling or giving back assets to lenders seems almost certain.

Debt Woes Mount for Hotel Company Tied to Coronavirus Relief Loan Controversy

Coronavirus

Luxury Hotel Group Caves to Pressure, Returns $59 Million in Relief Funds

Bigger companies are returning PPP funds, but that doesn't mean small hotel operators are having an easier time getting relief from the downturn in travel.

Luxury Hotel Group Caves to Pressure, Returns $59 Million in Relief Funds

Coronavirus

Luxury Hotel CEO Steps Down Amid Coronavirus Relief Loan Pushback But Controversy Lingers

Douglas Kessler's resignation only addresses one part of a luxury hotel portfolio tied to Monty Bennett receiving tens of millions of dollars in small business relief.

Luxury Hotel CEO Steps Down Amid Coronavirus Relief Loan Pushback But Controversy Lingers