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Tag : hotel finance

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Thorofare Capital Provides $17 Million Loan to Refinance Boutique Hotel in Downtown Miami

November 28, 2018

Los Angeles, CA (Nov. 28, 2018) -- Thorofare Capital has provided Langford Partners, LLC, an affiliate of Stambul USA, with $17 million in short-term debt to...

Hospitality Financial Leadership: Going Down the Road – Part 1

November 26, 2018

By David Lund This title belongs to a classic 1970 Canadian movie about two guys from Nova Scotia, Joey and Peter. They moved to Toronto to seek their fame...

Hospitality Financial Leadership: Expectations vs. Agreements

November 19, 2018

By David Lund In life, few things make us less productive and more distant than other people’s expectations of us. Expectations are everywhere, at work...

The History of Financing Boutique Hotels

November 14, 2018

The boutique hotel industry has grown considerably over the last several years, attracting investors and business owners alike. Although every real estate...

Hospitality Financial Leadership: What’s Missing With Labor Planning Tools?

November 12, 2018

By David Lund I’m looking for an end to end solution to labor planning and I have yet to see one that brings it all home. Let me explain what I mean....

Knighthead Funding Originates $8.5 Million Loan to Complete Construction of Holiday Inn & Suites Near Savannah, GA

November 6, 2018

Greenwich, CT (November 6,  2018) -- Knighthead Funding, LLC has funded an $8.5 million construction loan for the completion of a 104-room Holiday Inn...

Hospitality Financial Leadership: Trading Places

October 29, 2018

Circa 2009. Late September. I’m the regional controller for five hotels. Sitting at my desk minding my own business, doing my own work when the phone...

Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC

October 26, 2018

TAMPA, FL—Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $7.8 million construction and term first priority...

The Future of Private Equity and Private Markets

October 9, 2018

By Stuart Pallister Ecole hôteliere de Lausanne, a leading hospitality school, recently staged the 2nd annual private markets research conference....

Hospitality Financial Leadership: Your Department Managers Really Want to Do Their Monthly Financial Forecasts

October 8, 2018

By David Lund You probably read the title and said to yourself, “No way, that’s a load of BS. There is no way my managers want to do their...

Hospitality Financial Leadership: Understanding Liabilities

October 1, 2018

By David Lund When I do financial leadership workshops with hotel teams we often talk about liabilities. I tell my audience that I know for a fact that each...

Thorofare Capital Funds $16 Million Bridge Loan to Refinance Sheraton Silver Spring Hotel in Silver Spring, MD

August 28, 2018

Los Angeles, CA (August 28, 2018) — Thorofare Capital (Thorofare), through its bridge lending platform, has provided an affiliate of Integrated Capital...

Hospitality Financial Leadership: Light Bulb Moments

August 6, 2018

By David Lund I have had a few of these. The ones that stand out the most for me are the ones that I experienced from my father. Growing up I was not what...

Hospitality Financial Leadership: Educating Our Leaders Is the Highest Form of Service

July 23, 2018

By David Lund If Serving is Beneath You, then Leadership is Beyond You While creating hospitality financial leadership workshops, I learned three very...

Hospitality Financial Leadership: Why Hotel Brands and Franchisers Secretly Love the OTAs

July 9, 2018

By David Lund I know we all hear the battle cries every day in our industry, but what’s really going on with hotel brands, franchisers, the online...

Hospitality Financial Leadership: Top 10 List – How to Create More Hospitality Financial Leadership

July 2, 2018

By David Lund 1. You can increase the way you lead your team financially. Create an environment that has your managers working together on the...

Hospitality Financial Leadership: The General Manager’s Yardstick

May 29, 2018

By David Lund I have seen a lot of different management styles over my 35 years in hospitality. The one I am going to write about in this piece was not the...

Hospitality Financial Leadership: The Three Dimensions of Delegation

May 21, 2018

By David Lund Delegation has three dimensions that are powerful tools. Delegation is also quite often misunderstood. In this article I am going to explain my...

Hospitality Financial Leadership - Creating and Using Your Own Labor Productivity Tools

March 26, 2018

By David Lund With major wage increases in many jurisdictions, it is more important than ever to have a system for planning and measuring labor productivity...

Hospitality Financial Leadership - How to Read Hotel Financial Statements and The Link

March 12, 2018

By David Lund The first thing you need to know about reading a hotel financial statement is there are basically two different statements you will want to get...

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