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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

HTL Property’s National Director of Accommodation, Andrew Jackson, said Sydney stands out as one of the most attractive hotel investment markets in Asia Pacific.

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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 are thrilled to add CitizenM as a unique, differentiated offering to our select-service brand portfolio as we continue to strengthen Marriott’s foothold in this valuable market segment around the world.

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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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Whitsundays island with beachfront resort potential hits the market

Hotel Management

A private, tropical paradise in Queensland’s Whitsunday Islands is the latest in a line of luxury island development sites to hit the market. South Molle Island is the latest luxury island offering to hit the market with Long Island, Lizard Island, Dunk Island and Hook Island all finding new owners over the past four years.

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

Hotel Management

Helios Hospitality Management CEO Gadi Hassin Led by Gadi Hassin formerly Global Chief Operating Officer at Selina Hotels as CEO, Helios intends to deliver management solutions that maximise returns for hotel owners, real estate developers, property investors, and asset managers, from cost-effective conversions to space optimisation.

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Marriott International announces acquisition of citizenM brand

Hotel Designs

We are thrilled to add citizenM as a unique, differentiated offering to our select-service brand portfolio as we continue to strengthen Marriotts foothold in this valuable market segment around the world. We will continue to own our real estate and operate all our hotels. said Lennert de Jong, CEO of citizenM.