Hotel occupancy falls, owners in debt

November 30, 2009


Many hotel owners are reportedly falling behind on loans and falling deeper into debt.
Miami, Florida (WiredPRNews.com) – Many hotel owners are beginning to fall deeper into debt. As reported by the Associated Press (AP), loan defaults for hotels have increased faster than other commercial real estate debt types, due to a dramatic decrease in hotel […]

Free Stay Offered at Sheraton Hotels

October 1, 2009


The chain is providing free accommodations at 86 hotel locations.
Press Release Service – Wired PR News – Thousands of people will have the opportunity to enjoy a free night’s stay at Sheraton hotels across the country in October. As reported by the Associated Press (AP), the owner of the hotel chain is offering free overnight […]

 
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