The off-market deal can be an effective tool in bringing about the efficient and successful sale of a hotel, especially in the current relatively stagnant transaction environment.
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Amidst turbulent waters, a sense of equilibrium has emerged, and hotel and resort owners in the Keys find themselves on their most level footing in years.
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Gary Isenberg discusses eight best practices hoteliers can employ to help counterbalance recent and anticipated wage increases.
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It is clear that the market has largely moved on from the struggles it experienced in 2023, with lodging demand steadily improving.
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A GM can singlehandedly elevate or undermine the sale of his or her hotel, impacting its value meaningfully, either positively or negatively.
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Since the onset of the pandemic, Austin has been a darling across all real estate asset classes. It remains a sought-after hotel investment destination.
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The Plasencia Group represented the seller in the sale of the two dynamically situated, upper-echelon assets in the booming Fort Myers market.
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These are markets worthy of consideration by hotel investors and developers in 2024, given their pace of growth and the diversity of their local economies.
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The Plasencia Group has advised on the sale of the TownePlace Suites Tampa Westshore / Airport hotel, located in Avion Park at the entrance to Tampa's Westshore Business District.
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The Plasencia Group has advised on the sale of the Residence Inn Tampa Westshore/Airport hotel, centrally located within Tampa’s Westshore Business District.
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National Presence. Local Knowledge. Exclusively Hospitality.
The Plasencia Group is a national hospitality sales, investment consulting and advisory firm with offices across the country.
