Hotel Owner Xenia Mulls Nashville As Market For Expansion
Don't miss the Nashville State of the Market event April 18, with powerhouse speakers like Buckingham Cos. CEO Brad Chambers and Northwood Ravin CEO David Ravin. Register here.
Hotel owners continue to eye Nashville, whose room boom is well documented (more than 15,700 rooms are in the pipeline, according to Lodging Econometrics). Recently Xenia Hotels & Resorts let it be known that Nashville is on its radar, provided the opportunity is right.
Orlando-based Xenia, a REIT that owns 42 hotels nationwide under various flags — Marriott, Kimpton, Hyatt, Aston, Fairmont, and Loews — noted in its most recent earnings call that it has the wherewithal for acquisitions, though it has mostly been…
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Flexibility, Food, Connectivity And Community Top Corporate Tenants' List Of Priorities
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Technology is fundamentally changing the professional dynamic, attitudes toward work and interactions among colleagues.
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Captain D's Restaurant Chain Accelerates Openings In Five States
Nashville-based fast seafood specialist Captain D's inked franchise development agreements to expand the brand's presence in Illinois, Texas, Virginia, North Carolina and Kentucky, for a total of 18 new locations. According to the company, the surge in franchise development is…
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Music Publisher Leaving Music Row For WeHo
Music Row is losing another music publisher. The Nashville office of Toronto-based Ole is moving to 462 Humphreys St., a building in the up-and-coming Wedgewood Houston neighborhood, and will occupy all of the 6,500 SF property. Currently the company is at…
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Trump Slump: Policies May Cost U.S. Hospitality Industry 6.3 Million Visitors
While the stock market enjoys a “Trump bump,” international travel to the United States is projected to descend into a Trump slump to the tune of 6.3 million visitors lost over the next year. As the EU considers fighting back by limiting American travel without a visa, international tourism could shift dramatically this year and ripple through the hotel industry.
A record 77.5 million international tourists visited the United States in 2015. Record-breaking moments like these will become distant memories due to White House policies turning off global travelers, according to one American economic advisory firm. Wayne, Pa.-based Tourism Economics reports…
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Office Sector Investment To Come Back From 2016's Moderate Slowdown, JLL Predicts
Two words best describe experts' projections for this year's office investment environment: cautious optimism. That is according to JLL's U.S. Investment Outlook Report, in which the firm predicts a strong year for office investment activity in 2017, despite a few economic factors that could cause some headwinds.
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