Hotel Source In The News

Hotel Source, Inc. is In The News. Check out our most recent press...

• HotelManagement.net - Money matters in midscale.
  April 23, 2012 - By Elaine Yetzer Simon, Contributing Editor, Pressure on this segment continues, but profitability is picking up. Steven Marx, president and founder of Hotel Source said, "profitability, meaning net operating income, is up this year from last year, and last year was up from the year before"
• Michigan State University Hospitality Business - Real Estate Advisory Council Meeting
  March 29, 2012 - Steven Marx of Hotel Source attends Annual Meeting for Real Estate Advisory Council - Michigan State University; The School of Hospitality Business
• 2012 Regional Hospitality Valuation Summit
  March 29, 2012 - HVS St. Louis, St. Louis, MO. Seth Glickman, Vice President with Hotel Source will be one of the panelists discussing how the regions hotel industry has been shaping up over the past several years and offering insights into the opportunities that lie ahead for the hotel market.
• Chicago Real Estate Council – “The Current State of the Hotel Industry”
  CREC – Feb 12, 2012 - Steven Marx discusses latest trends in the hotel industry in Chicago and around the country…
• Michigan State University Research - MSU lodging index shows Detroit tourism improving
  Nov 7 2011, “The Detroit hotel market currently ranks 23rd out of 25 metropolitan areas in Michigan State University’s (MSU) Lodging Market Potential Index (L-MPI©), but the news might not be all bad, according to Steve Marx, owner of Hotel Source, Inc., a Chicago-based real estate brokerage and advisory services firm.”
• Scotsman Guide - Checking in on the Hotel Market
  Scotsman Guide Commercial Edition and scotsmanguide.com, September 2011 - Much of the press regarding the hotel industry makes it appear that the hotel sector is recovering and that profitability is returning.
• Hotel Source Sells Stratford Inn - Sycamore, IL
  CHICAGO - July 18, 2011 - Hotel Source, Inc. completed the sale of the lender-owned, historic Stratford Inn, located in downtown Sycamore, IL. This full-service boutique hotel was purchased by a private operator from Plank Road, LLC. Steve Marx and Seth Glickman of Hotel Source, Inc. handled the sale.
• Lodging Hospitality, By John W. O'Neill
  OPINION: Use an Appraiser Who Knows the Hotel Business
  A recent survey of hotel capital providers found that appraisals remain the biggest factor in their lending decisions. The survey, which was sponsored by Hotel Source, a Chicago-based hotel real estate brokerage and advisory services firm, found that appraisals are ...
• Hopeful on Hotels - Real Estate Bisnow
  HotelSource is experiencing the growth first hand; it's listed four new hotels in suburban Chicago and Wisconsin so far in 2011.The surge has to do with listings being properly priced, says Hotel Source founder Steven Marx.
• Hotel Appraisals Still Have Clout With Lenders, Survey Show
  National Real Estate Investor, By Daniel Beaird, NREI Senior Associate EditoAlthough hotel lenders always take appraisals with a grain of salt, a newly released survey of capital providers indicates that appraisals are still the biggest factor when determining market pricing for hotel properties — even though many appraisers do not have specific knowledge of the lodging industry
• Michigan State Alumni Magazine
• Mortgage Banking
• Crain's Chicago Business: Foreclosure Hits Trio of Lakeview Hotels
• Lodging Hospitality: The Realities of Hotel Real Estate
• Hotel Source Appointed Receiver for Hotel
  

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