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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

Global real estate investors are increasingly gravitating to the hotels sector evidenced by near historic levels of first-time capital invested in 2024, said JLL Hotels & Hospitality Group Global Head of Hotels Research, Zach Demuth.

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‘Sydney’s biggest hotel sale this year’: Skye Suites nabs top price – HTL, Stonebridge report

Hotel Management

The “hotly contested sale process”, managed by agents Stonebridge Property Group and HTL Property, saw in excess of 300 enquiries, and over 20 formal offers received at the close of first round bids.

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Marriott International to acquire CitizenM for US$355 million

Hotel Management

Marriott International has signed a deal to acquire lifestyle accommodation brand CitizenM for US$355 million. We will continue to own our real estate and operate all our hotels. The post Marriott International to acquire CitizenM for US$355 million appeared first on Hotel Management.

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Samdoo Corporation acquires, rebrands South Brisbane hotel

Hotel Management

Established in 1988 by Joseph Jin-Sung Kim, the privately-owned hospitality and real estate investment company also owns and manages Hotel Diana Woolloongabba. Its accommodation portfolio includes hotels, serviced apartments and commercial properties. “We

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Exclusive: hospitality trio unite to form white-label management group

Hotel Management

Seasoned hospitality executives Gadi Hassin, Lisa Zakharka and May Pendraat Kredner have joined forces to introduce a global hospitality management company specialising in experiential lifestyle hotels and hostels for todays digital nomads.

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Peachtree acquires sixth DST-structured hotel

Hotel Business

Peachtree’s DST hospitality acquisitions continue to present compelling opportunities for 1031 exchange investors seeking to reinvest proceeds from the sale of appreciated real estate while enjoying tax deferral benefits and maintaining a strong allocation within the hotel sector, according to the company.

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JLL Arranges Refinancing for Baron’s Cove

Lodging

JLL worked on behalf of the borrower, a partnership between Blue Flag Capital and Bain Capital Real Estate, to secure a three-year, floating-rate loan through Blue Owl Capital-managed funds. Baron’s Cove includes 67 guestrooms, including lofted suites with panoramic harbor views and private garden accommodations.