ASSA ABLOY Global Solutions Reimagine the World of Hospitality.
In episode 269 of Lodging Leaders, ASSA ABLOY Global Solutions President of the Americas Nicolas Aznar shares a message of encouragement, reminding us all we’re not alone in this fight.
In June, Watermark Lodging Trust, a Chicago REIT, sold its Hutton Hotel in Nashville for $70 million. The price is $7 million less than what the REIT said it paid to acquire and upgrade the hotel seven years ago. A month later, Watermark said it signed a deal in which it sold shares worth $200 read more
As the hospitality industry struggles to mitigate the massive loss of revenue caused by the coronavirus pandemic, hundreds of hotel owners are filing lawsuits to force their property insurance providers to cover their financial casualties. Meantime, state and federal lawmakers are considering legislation that would mandate U.S. insurance companies pay for business losses related to read more