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Hotel Del Coronado – Coronado, CA
Back on the Road Again

While the AHLA’s “Safe Stay” initiative represented a new level of focus on transient lodging facility sanitation, there is no universally accepted way to clean a hotel guest room and there apparently remains no shortage of hotels that continue to fail to meet the challenge of cleanliness.

COVID-19’s Impact on the U.S. Hotel Sale Transaction Market

While the post-COVID-19 environment may meaningfully reduce demand for commercial real estate including hotels, past downturns no matter how painful, have always been followed by recoveries during which new highs were achieved for both rental rates as well as property valuations.

Florida Court of Appeal Rules against Rushmore Approach in Disney Resort Decision

There can be only one market value, and the method employed to determine such must be the same under any circumstance, including property tax appeals.

Hotel Borrowers, Lenders Prepare for Transition of Debt Benchmark

Hotel owners and financiers are confronting the phase-out of a longstanding interest rate benchmark as they address the impact the pandemic has had on borrowers’ ability to repay loans.

‘Thank Goodness’ For More Hotel Brands

The lodging sector continues to introduce an endless array of categories and choices resulting in overwhelming consumer bewilderment, and the simple fact is there are too many hotel brands.

B&Bs on Cape Cod; Is the Current Operating Model Sustainable?

Overall, Cape Cod will continue to offer many of the features sought by guests to bed and breakfast inns, and innkeepers will continue to provide these guests with an alternative lodging experience. However, with increased competition from private home rentals, innkeepers will need to be creative in order to maintain overall RevPAR and profitability levels.

How Hotels are Faring in Transformative Times

Despite the plethora of bad news there are also several reasons for optimism.

Downturn Lesson Number One: Risk

Downturn lesson number one is that lodging sector sponsors should, if necessary, be ready, willing and able to have the wherewithal to invest for the long term, as anything less is akin to playing with fire.

Post-Pandemic Hotel Property Tax Burdens

Hotel owners who perceive the pandemic will automatically result in a decline to property tax burdens need to think twice.

Hotel Hygiene and Safety Remain a Challenge

Although the lodging industry has traditionally committed to cleanliness and safety, the fact is that sanitary issues at many types of lodging facilities have been a challenge for a long time.

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