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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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