milwaukee
How Halal Tourism Is Reshaping the Global Tourism Industry
Paramount Lodging Advisors | June 7, 2018
By Yulia Belopilskaya Spending by Muslim travelers is expected to rise to US$220 billion by 2020, with the number of Muslim tourists growing to 156 million from 121 million in 2016. That's according to the Global Muslim Travel Index (GTMI) 2017, which was produced by Mastercard and CrescentRating, a 'halal-friendly' travel consultancy. 'Halal' tourism is clearly a growing market segment, with Muslim tourists seeking destinations which meet their needs, in terms of diet, dress or rituals. Translated from Arabic, 'halal' means permissible in accordance with Islamic teaching. Alcohol, pork, nudity and gambling are off limits. With a burgeo...
Hospitality Funding, LLC Advises on Acquisition of The Comfort Suites Park Place, Milwaukee, WI
Hospitality Funding | April 10, 2014
Palm Beach, FL — Hospitality Funding has facilitated the purchase of The Comfort Suites Park Place in Milwaukee, WI. The 120-room select service hotel is the fifth transaction in the last six months to be acquired through a $50 million equity Joint Venture and related $100 million debt facility raised by Hospitality Funding, LLC. Hospitality Funding advised the buyer group, which consists of a leading hospitality asset management firm and a US-based investment management company. When assessing the transaction, the buyer considered the following: The hotel is located minutes from the Milwaukee County Zoo and Marquette University, an...
