In the modern age, it’s not enough to provide clean, service-oriented hospitality. More and more, younger guests are looking for hotels that are Instagrammable so they can share their travels with friends on the internet. If your hotel needs an upgrade to achieve this, consider hotel financing to make your hotel social media worthy. This can […]
Today’s travelers expect more from the hospitality industry. Luckily, mezzanine hotel loans offer an easy way for you to keep up with guest demands and desires. For example, hotel loans are an easy way to make improvements like smart phone check-in and guest room access. These updates provide many benefits that can help your bottom […]
With ever rising hotel construction costs, it’s important to manage your expenses and find the best hotel financing for your needs. While you may be tempted to cut corners to save money, there are many other effective ways you can save without skimping on important details. First, you should make a detailed plan about your […]
Property improvement plans, or PIP’s, can be expensive. Therefore, you should try to get the most out of your renovations and hotel loans. PIP’s address many different things. For example, mechanical systems, guest rooms, security systems, and landscaping. These renovations can help your hotel fit your brand and also increase profit and customer experience. In recent years, […]
With the rise of accommodation-sharing sites, more and more hotels are looking for unique ways to increase revenue. Using hotel financing, you can build an integrated restaurant to help your bottom line, even during low seasons. Designing a place that both travelers and your local community will love to dine in can help you stay […]
Adding certain features to your hotel can help you increase revenue and stay competitive in the hospitality market. Hotel loans are a great way to fund these renovations and updates to boost your business and fill more rooms. Make sure your renovations will attract customers at the price point you want. There are a few […]
On September 6, 2018, the American Hotel & Lodging Association (AHLA) announced its 5-Star Promise initiative. Finding the right hotel construction financing options will help you upgrade security measures as a part of this program. Also, it can create the best outcomes for your hospitality company and the safest environment for your guests and your […]
Stonehill’s president answers five questions about the lending environment and terms.