Hotel owners choose to operate their property under a brand name or flag for a number of reasons. Some may have a desire to increase average daily rates (ADR), to gain the brand name recognition of a chain or to benefit from a strong brand’s powerful customer loyalty programs. Often, a hotel owner is looking … Continue reading Financing a Brand Conversion: What You Need to KnowContinue reading
As a hotel owner, you will utilize your CapEx reserve when it comes time to complete an improvement or upgrade to your property. Typically, setting aside the standard reserve of 4% for these types of projects has been sufficient, but a recent study shows that might not be enough. In fact, all of the 500 … Continue reading CapEx Reserves: Is the Hospitality Industry Standard Enough?Continue reading
As a hotel owner, it’s inevitable that you’ll need different types of financing at different times for various projects, such as renovations, a brand refresh or even an acquisition. Some hotel owners think they need a bridge loan, but can confuse that particular financing solution with a FF&E carve out loan. It is important for … Continue reading Hospitality Bridge Loans and FF&E Carve Outs: What’s the Difference?Continue reading
Access Point Financial, Inc. is thrilled to join forces with AAHOA and Hotel Management to create the groundbreaking HotelROI program. This invaluable program will equip hoteliers with insight spanning operations, cost saving technology, market conditions, pipeline information, and development opportunities. In 2017, HotelROI will be making stops in Atlanta, Baltimore, Charlotte, Chicago, Houston, Los Angeles, … Continue reading HotelROI
Here’s our 30-second recap of the 2017 Hunter Hotel Conference! 2017 Hunter Hotel Conference Recap from Access Point Financial, Inc. on Vimeo.
In case you missed ALIS 2017, here’s our 30-second recap! ALIS 2017 Recap from Access Point Financial, Inc. on Vimeo.