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Georgian Terrace Hotel in Atlanta Faces Potential Foreclosure Amid Loan Default
2025-07-03 17:53:54| Hotel Resource
Sotherly Hotels Inc. has received a Notice of Default on a mortgage loan secured by the Georgian Terrace Hotel in Atlanta, with potential foreclosure actions being considered by the lender.
Category:
Hospitality
Hospitality Financial Leadership & Control Wednesday & Individual Outlet Costs Versus Global Costs: Pros and Cons & By David Lund
2025-07-03 17:53:54| Hotel Resource
In the hospitality industry, controlling food and beverage costs is a central part of driving profitability and ensuring operational integrity. Many operators believe that tracking each outlet's cost of sales separately & by calculating costs for the bar, the restaurant, banquets, and room service individually & will yield greater insight and accountability. At first glance, this approach feels precise and empowering.
Category:
Hospitality
European Tourism Shows Resilience Amid Economic Challenges in Q2 2025
2025-07-03 17:53:54| Hotel Resource
European tourism remains resilient in Q2 2025, driven by off&season demand and renewed global interest, despite economic pressures.
Category:
Hospitality
Dusit to Open New All&Inclusive Resort in Maldives in July 2025
2025-07-03 17:53:54| Hotel Resource
Dusit Hotels and Resorts will open its first all&inclusive lifestyle resort, dusitD2 Feydhoo Maldives, near Malé on July 27, 2025.
Category:
Hospitality
Interest Rate Cuts Drive 13% Increase in Australian Commercial Property Transactions
2025-07-03 17:53:54| Hotel Resource
A total of $15.5 billion in office, industrial, retail, hotel and living assets changed hands, buoyed by two interest rates and the expectations of more to follow.
Category:
Hospitality
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