Category: Real Estate

Green Hotels: An Overview

By Minu Agarwal and Prashant Das In this article, we adopt a real estate perspective and explore the sustainability implications of hotels. First, we provide a background on sustainability, describe how it relates to the hotel sector and synthesize literature on the economic implications of sustainability. Further, we provide and explain trends on sustainability certifications, […]

From the Archives: The Bleacher Bar at Fenway Park: Transforming a Former Indoor Batting Cage Into a Unique Eatery and Bar

Please note: this article is a re-published feature from our Fall 2015 issue. As one of the BHR’s most popular articles, this piece dives into the history of one of Boston locals’ favorite summer bars, situated right in Fenway Park.  By Graham Ruggie As one of the oldest cities in the United States, Boston is steeped in […]

A Place for Everything and Everything in Its Place: The Application of Feng Shui to Hotels

  By Ingrid Lin “You wouldn’t build anything in most parts of Asia without having feng shui consultants come in and help you.” – Neil Jacobs, the president of global hotel operations for Starwood Capital. Feng Shui:  real, phony, or magic? The western world might consider feng shui to be a mystical and mysterious art, […]

C-corporation Hotels vs. Hotel-REITs: A Theoretical and Practical Comparison

Tarik Dogru What are the main differences between C-corporation hotels, such as Marriott, Hilton, and Choice, and Hotel-REITs like Diamond Rock, Felcor, and Host? What are the potential growth opportunities in these hotel structures? This article attempts to answer these questions from a theoretical and practical perspective by comparing two corporate structures, their business models, […]

Understanding the Momentum and Motivations of Foreign Investors in U.S. Hospitality

By Ken Wilson and Liya Ma The hospitality industry has blurred national borders and transcended cultural barriers ever since transportation methods became available and affordable to consumers. In recent years, as global wealth accumulates, regulations loosen and portfolio diversification becomes more sophisticated, investors from around the world are also increasingly interested in U.S. hospitality as an asset class. […]

The Evolution of Dual-Branded Hotels: How the Marriott/Starwood Acquisition Enhances Opportunities for Developers

By Daniel Lesser,Jonathan Jaeger, & Jeremy Gilston of LW Hospitality Advisors® Should the deal ultimately close, the recently announced acquisition of Starwood Hotels and Resorts Worldwide, Inc. (HOT) by Marriott International (MI) will be a lodging industry game changer. MI is a trailblazer of the dual-branded hotel trend and will be well poised to accelerate this […]

The Making of Airbnb

By Morgan Brown Shortly before Thanksgiving of 2015, it was announced that Airbnb had raised $100 million at a valuation of $25.5 billion. That $100 million was a drop in the bucket compared to the war chest of $1.5 billion the company raised earlier in the summer, raised on the back of increasingly strong growth. […]

The Bleacher Bar at Fenway Park: Transforming a Former Indoor Batting Cage Into a Unique Eatery and Bar

By Graham Ruggie As one of the oldest cities in the United States, Boston is steeped in rich history. Many of the city’s most successful restaurants and hotels embrace the architectural heritage, while still providing modern conveniences including The Liberty Hotel, The Kendall Hotel, and Chart House restaurant. In fact, Boston’s Fenway Park offers one […]

U.S. Lodging Industry Update – Q2 2015

Written by Daniel Lesser and Jonathan Jaeger of LW Hospitality Advisors® The U.S Lodging Industry is currently experiencing peak levels as evidenced by year-over-year growth in many of the major performance indices. After the economic downturn in 2008/2009 when the industry experienced substantial decreases in overall performance and valuation, U.S Hotels have rebounded with many […]