Earnings Scheduled For February 24, 2021 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Let s examine the facts, shall we?
By Tim Rogers
Published in
FrontBurner
February 24, 2021
2:10 pm
I’m going to relay some information to you, and I’m going to be careful about how I do it. This information is about a new online publication in town called the Dallas Express. Its publisher is a man named Monty Bennett. When the site launched, Bennett wrote in a note to readers that his publication is all about the truth, facts, no bias. The first two paragraphs from Bennett:
Truth has become a casualty in today’s media world. News has become a vessel to promote favored world views, and objectivity has been sacrificed. There are many publications in our wonderful city, but none we can count on daily to present just the facts. Readers can’t pick up a local publication without seeing bias in one direction or the other.
Hotelier Burned in Financial Crisis Loses Again in Pandemic Bust Columbia Sussex Group is in foreclosure on three hotels and is prepared to surrender two others to the lender. Bloomberg | Jan 25, 2021
(Bloomberg) A hotel company that ran into trouble during the financial crisis is shaping up to be one of the biggest losers in the pandemic lodging bust, as property owners who delayed debt payments grapple with impatient lenders.
Columbia Sussex Corp., the closely held Crestview Hills, Kentucky-based owner of 49 lodging properties, is in foreclosure on three hotels, and is prepared to surrender two others to lenders, loan documents compiled by Bloomberg show. At least 25 properties that the company has financed with loans packaged into commercial-mortgage backed securities are in special servicing or on servicer watch lists.
Columbia Sussex Corp is in foreclosure on three hotels nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
STR DataShifts in Demand Mix Help Higher-End Hotels Maintain RateThe easy explanation might be that hoteliers with luxury and upper-upscale hotels learned the lesson that dropping rates doesn t necessarily speed up recovery. However, the data suggests other factors were at play.
When It Comes to the Pandemic, Hotel Executives Agree They Were WrongThe moderator said he would be kind by not naming names, but one year into the pandemic, an online panel of leaders in the hotel industry all had to admit one thing: No one realize.
One Year Later, Hoteliers Expect Elevated Disinfecting Efforts To Stick AroundAt the onset of the COVID-19 pandemic, hotel brands rolled out elevated protocols for disinfecting public spaces and guestrooms. Now, a year later, most of these guidelines are still in place and will remain long term.