How can you determine whether a lodging property is a good candidate for conversion to a multifamily housing community? From assessing the existing property to considering conversion elements and market dynamics, to looking at financing options, readers will have a 360-degree view of a process that may provide a higher-and-best-use option to owners of functionally challenged hotel properties. READ MORE

In the wake of the pandemic, the hospitality industry faces a range of potential challenges and opportunities, from finding enough qualified workers to fill jobs to incorporating ESG standards into hotel operations and construction projects. Economic volatility and rising interest rates could make it more difficult for hotels to secure new financing. What's the push and pull between guest data and privacy? READ MORE

The pandemic has caught all industries by surprise and the hotel industry is not an exception. Parties were not prepared for, and did not anticipate, the extreme challenges that the pandemic would end up causing to hotel rebranding renovation projects. That has led to major delays and at least technical non-compliance with PIP requirements for projects that started before the onset of the pandemic. Franchisors should take that into consideration when assessing non-compliance with PIP. READ MORE

The COVID-19 pandemic continues impact the hospitality sector. Analytics suggests that recovery to pre-pandemic levels for the hard-hit business travel sector will not be achieved until 2023 or later. This article examines current legal trends in the alcohol beverage retail space, and encourages hotels to assess the opportunities present in the changing licensing regime in their respective states. READ MORE

Despite solid recovery in travel, the supply of new hotel rooms has slowed significantly, held back by rising interest rates, supply chain delays and a tight labor market. In the short term, supply will struggle to keep pace with demand, but as economic headwinds resolve, the long-term outlook appears robust. READ MORE