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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

The luxury and select-service sectors will continue to be most favored and liquid in 2025, according to JLL, with urban cities and high barrier-to-entry markets expected to attract the most investor interest.

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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. Marriott International President and CEO, Anthony Capuano, said the acquisition will help support the companys growth in the select-service segment globally.

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End of an era as Hilton Brisbane to close after nearly 40 years

Hotel Management

Hilton Brisbane, a landmark hotel in the citys CBD, is set to close its doors at the end of this month after almost 40 years of service. Centrally located above Wintergarden on Queen Street Mall in Brisbane, the luxury hotel has served as a popular accommodation choice for visitors to the city throughout the decades.

Closing 257
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Conrad set to debut in Los Cabos, Mexico in 2027 with all-new beachfront project

Hotel Management

The resort will offer 175 thoughtfully designed accommodations. Prioritizing wellness and relaxation, the resort will feature a 3,000-square-foot spa with 10 treatment rooms, a state-of-the-art fitness center, and a bridal suite with a full-service salon.

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Quincy Melbourne achieves sustainability milestone in road to net zero

Hotel Management

Over the past year, NABERS has observed the hotel and accommodation industry stepping up to support Australias goal of achieving net zero greenhouse gas emissions by 2050, said NABERS Acting Head of Product Development, Andrew Buchel.