ibc hotels
InnSuites Hospitality Trust Enters Agreement to Sell Its IBC Subsidiary, IBC Hotels
August 17, 2018
Phoenix, AZ, Aug. 17, 2018 -- On August 15, 2018, InnSuites Hospitality Trust (NYSE American: IHT), through InnSuites Hotels, Inc., entered into an agreement to profitably sell its wholly-owned subsidiary, IBC Hotels, LLC ("IBC") to a wholly-owned subsidiary of OBASA Capital Investments, Inc., an independent third-party purchaser. The sale was completed, with funds being received by IHT, on August 16, 2018. The sale price and terms were not disclosed. IBC provides proprietary software, exclusive marketing services, and distribution to a network of approximately 2,000 unrelated hospitality properties under the names InnDependent Boutique...
What’s the Financial Appeal of Independents? Finance Experts Reveal the Answer at ILES
ILES (InnDependent Lodging Executive Summit) | April 18, 2017
JF Capital Advisors CEO Jonathan Falik will lead an entertaining and engaging educational session discussing why independent hotels are thriving in today's economic environment; Attend ILES May 15 to 17 at the Hard Rock Hotel & Casino [Phoenix – April 18, 2017] – Independent hotels are thriving in today's economic environment driven in large part by the power of the Internet and the soft brand revolution. Why? For the answer to that question and many others about the performance success of independent hotels and why it's easier for them to secure financing today, attend the 2017 InnDependent Lodging Executive Summit (IL...
IBC Hotels Continues to Win Awards
IBC (InnDependent Boutique Collection) | August 25, 2016
'Independent Hotel Company of the Year,' 'Best Independent Hotel Booking Agency – USA' and 'Most Innovative Travel Rewards Program' top the list of recent accolades [Phoenix – August 25, 2016] – IBC Hotels, one of the industry's largest independent hotel companies with 6,300+ members representing 170 countries and more than 2 million rooms and suites, continues to earn recognition for providing worldwide travelers with a unique, non-cookie cutter hotel experience featuring value-added amenities at resort locations. Luxury Travel Guide recently named IBC Hotels the "Independent Hotel Company of the Year." As part of ...
