With a number of hotel companies offering franchises, the selection process can become a complicated cost benefit analysis. Steve Rushmore gives you some important items to consider.
As demand in today’s luxury residential real estate market continues to increase, private residence clubs (“PRCs”) are offering fractional real estate owners the best of several worlds...
Steve Rushmore's July 2001 Hotels article.
Performance Clauses Essential In Contract
As the struggle goes on to recover from the aftermath of the biggest earthquake ever seen, where there can be no underestimating the scale of the human devastation wrought by Asia's horrific tsunamis, and yet the overall economic impact is minimal.
2004 Canadian Hotel Transaction Survey
Tsunami highlights tourism industry's biggest handicaps: its vulnerability to changes in the immediate environment. It is among the first to get affected but among the last to recuperate. Sri Lanka prepares itself for the troubled times, yet again.
Since its inception, the economy segment has undergone a continual process of transition. Although most owners, operators and lenders take a “stick to the basics” approach, a problem arises when one attempts to define just what “the basics” are.
When investors and lenders call and ask “what are hotel cap rates today?” the first question is, “what net income are you using in your equation?”
Balancing Financial and Non-Financial Objectives in Public-Sector/Private-Sector Hotel Relationships
Public-/private-sector partnerships, while sometimes challenging, can certainly result in a win-win situation when financial and non-financial goals and objectives are clearly defined and effectively aligned.