Hotels
Tuscaloosa Entrepreneurs Pitch Downtown Hotel Parking Deck with 400 Spaces
Source: Tuscaloosa Thread Nov 2nd 2021 Writer: Stephen Dethrage A group of entrepreneurs, business leaders, engineers and developers pitched the construction of a high-end hotel in downtown Tuscaloosa that could also add 400 parking spaces, three new restaurants and first-class office space to a “blighted, downtrodden” area of the Druid City. In a presentation to…
Read MoreHotel Restaurants Get Ready for a Rebound
Source: FSR Writer: Nicole Duncan October 2021 It’s been a long time since restaurants were a mere afterthought for hotels. As consumer enthusiasm surrounding global flavors and the overall dining experience ballooned, the other side of the hospitality industry recognized a new imperative. Hotels could either step up their on-premises restaurants or relegate foodservice to…
Read MoreWhat Drove Hotel Values to Decline in 2020 –
SOURCE: Hotel and Leisure Advisors Writer: Joe Pierce The once-in-a-century pandemic has caused hoteliers to endure a firestorm that decimated the hotel and leisure industries. The growing COVID-19 cases across the U.S., as well as government restrictions on travel that further stress demand, continue to leave the hotel industry significantly behind pre-pandemic levels in…
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