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legarde

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  • 1 min

Arriba Capital Secures Refinance for DoubleTree by Hilton Tucson Downtown Convention Center 

🏨 The DoubleTree by Hilton Tucson Downtown Convention Center, a 170-room hotel in Tucson, Arizona, received cash-out refinance arranged by Arriba Capital. Developed by Caliber, Rio Nuevo, and the City of Tucson and opened in 2021, it's operated by Highgate under Hilton Worldwide. The refinancing supports ownership, operation, and investment continuity. The hotel, near the Tucson Convention Center, benefits from local events and attractions like the University of Arizona and Tucson Gem and Mineral Show.
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  • 3 min

RateGain and Profitroom Announce Strategic Partnership to Strengthen Distribution Capabilities for hotels in Middle East and Africa

💻 Noida, 28th August 2025: RateGain partners with Profitroom to aid Middle East and Africa hotels in expanding reach via seamless channel connectivity. RateGain operates in 100+ countries, partnering with 3,200+ customers and 700+ partners. Profitroom offers real-time connectivity to 400+ demand partners, enhancing booking and profitability. This collaboration targets hotel growth, reducing OTA dependency, and improving guest experience. Key figures: RateGain founded in 2004, works with top global hotel chains and airlines, headquartered in India.
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  • 3 min

The AI Revolution in Hotel Revenue Management: Why the Future Is Already Here

💸 AI is transforming hotel revenue management. Manual processes once consumed up to 80% of managers' time, leading to revenue losses of up to 15% during peak periods. Now, AI enables real-time pricing, demand forecasting, and rate behavior intelligence, which boosts profitability by 20–30% and improves RevPAR. A New York hotel saw an 18% RevPAR increase during a marathon weekend using AI. AI saves revenue teams 50% of their time, enhancing strategic decision-making.
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