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M3 Helps Launch $350k Ukraine Relief Initiative By Becoming A Founding Partner Of HospitalityforPeace.org
GWINNETT, GA— M3, along with other hotel tech providers, has successfully helped launch HospitalityForPeace.org. Through the alliance of these hospitality and hospitality-related companies, the hotel industry has come together to help provide Ukrainian with much-needed relief and aid. These donations, currently…
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CBRE Forecasts Continued Hotel Recovery In 2022 Despite Increasing Risks
DALLAS—CBRE Hotels Research has raised its forecast for 2022 average daily rate (ADR), Occupancy and Revenue per available room (RevPAR) to reflect the stronger-than-expected fundamental performance in the fourth quarter. Other factors contributing to the improvement include below-average supply growth,…
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The LCP Group & Safanad Acquire Postcard Inn, St. Pete Beach
NEW YORK—A joint-venture between The LCP Group, L.P. (“LCP”), a vertically integrated, private real estate investment firm specializing in hospitality investing, and Safanad, a real estate and private equity investment firm, announced it acquired the iconic Postcard Inn on the…
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Mission Hill Hospitality Acquires Killington Mountain Lodge, Tapestry Collection By Hilton In Vermont
DENVER–Mission Hill Hospitality, a KSL Capital Partners portfolio company focused on transforming select service and extended stay hotel investing, announced it has acquired the Killington Mountain Lodge, Tapestry Collection by Hilton, located in central Vermont’s famed Green Mountains. Terms of…
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Danziger Named CEO Of Braintree Group
BOISE, ID–Braintree Group, an Idaho-based family of companies focused on fostering smart and sustainable community advancement and growth, announced today that Eric Danziger has been hired as Chief Executive Officer. Danziger, formerly the Chief Executive Officer of Trump Hotels, will…
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Enseo Kicks Off 2022 By Exceeding More Than 130 Patents
PLANO, TX–Enseo, the premier technology services provider offering solutions in hospitality, senior living, and education, is starting strong in 2022, celebrating 134 patents over the course of its 22-year history. Enseo’s comprehensive patent portfolio now includes both the foundational technology…