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MIAMI, FloridaDriftwood Capital announced the successful closing of a $1.2 billion portfolio consolidation involving 18 Hilton, Marriott, and Margaritaville-branded hotels across 10 states. Each asset […] The post Driftwood Capital Closes $1.2
Luxury and upscale remains a driving force in Minor Hotels expansion, with one-third of the three-year pipeline categorised in the Luxury segment, encompassing the Anantara, Tivoli, and Elewana Collection brands, and a further third in the Premium segment across NH Collection, Avani and nhow.
Marriott International is set to bring its AC Hotels brand to Queensland for the first time following an extensive renovation of a Gold Coast hotel. Marriott has previously signed agreements to debut its world-renowned luxury brands, including The Ritz-Carlton, St.
One Global Capital Chairman and Group CEO, Iwan Sunito, has introduced a new hotel brand to the market, One Global Resorts, with the official rebranding of his Skye Suites Green Square property on Thursday evening. It will be the first of several properties to come under the brand.
Holiday Inn Sydney Airport recently rebranded to a Crowne Plaza under Trilogy management Tony Ryan: I was working in London prior to Covid selling branded management companies and was then approached by some third-party management companies looking to expand into Europe and the UK. Grant Alchin: I think it’s about alignment.
IHG feels the name is just a little too close for comfort to its own popular hotel brand, Holiday Inn Express? Skift Take: IHG has petitioned to cancel Marriott's newest trademark, City Express by Marriott. Sean O'Neill Read the Complete Story On Skift
BWH Hotels leverages soft brands like SureStay Collection to offer unique global distribution benefits to independent hotels across Australasia. BWH Hotels’ soft brand portfolio spans all segments, from economy to luxury, enabling hoteliers to balance local individuality with the advantages of a global powerhouse.
Skift Take: Accor aims to expand its share of luxury hotels by debuting its Orient Express brand this year and fine-tuning its other brands, like Fairmont and Sofitel. Sean O'Neill Read the Complete Story On Skift
When it comes to unlocking the full potential of our key CBD assets under Trilogy, the Darwin community deserves the very best, and that means bringing an outstanding global brand like Marriott to the Darwin marketplace, said DCOH Managing Director, Shane Dignan.
Radisson Hotel Group has closed a successful first half with over 130 signings and openings across EMEA and APAC. Radisson Hotel Group’s brands offer a clear solution for every market. ” The post Radisson Hotel Group closes H1 with over 130 signings and openings appeared first on 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.
CHICAGO, Illinois—Hyatt Hotels Corporation announced plans to expand Hyatt’s luxury and lifestyle brand portfolios across the Asia Pacific region, with a pipeline of close to 90 properties expected to open over the next five years.
Accors luxury and lifestyle brands Sofitel, Sofitel Legend, MGallery and Emblems achieved record growth in 2024 with close to 90 hotels signed collectively. 2024 has been a milestone year for our brands, marking unprecedented development momentum, said Bailly.
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 destinations globally in the coming years as the brand seeks to win favour with guests and owners 60 years on from its launch. “We It’s a powerful luxury brand. We have 51 brands in Accor portfolio.
Skift Take: Due to close proximity, the nations of Nepal, Sri Lanka, and Bhutan witness significant tourism from India. With preferences of Indian travelers changing, boutique properties are reaching out with diverse offerings to attract this tourism segment. Bulbul Dhawan Read the Complete Story On Skift
hotel construction pipeline is being driven in large part by the introduction of more than 120 new brands since 2017 and focused development in two high-performing segments: the upper-midscale chain scale and extended-stay accommodations. hotel construction pipeline hits 749K rooms at Q1 2025 close appeared first on hotelbusiness.com.
In 2025, slowing new supply will spur hotel brands to continue to use their balance sheets to fuel net unit growth, a key driver of shareholder value. This shift is driving expansion into branded residences and alternative accommodations as hotels capitalize on the growing Experience Economy.
Landmark WA hotel Hyatt Regency Perth is set to close its doors next month after 36 years in operation with its Singapore-based owner Tuan Sing Holdings Limited seeking to embark on a new hospitality direction.
Other travel companies that have similarly struggled after going public in a rocky market will watch closely. Skift Take: Selina hopes to avoid bankruptcy by seeking a restructuring out of court. Sean O'Neill Read the Complete Story On Skift
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 destinations globally in the coming years as the brand seeks to win favour with guests and owners 60 years on from its launch. “We It’s a powerful luxury brand. We have 51 brands in Accor portfolio.
The brands current pipeline includes three under-construction hotels totalling over 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriotts global regions over the next decade. I envisage this relationship will greatly enhance citizenM’s global reach and brand impact.
Driftwood Capital has closed a $1.2 billion portfolio consolidation involving 18 Hilton, Marriott and Margaritaville-branded hotels across 10 states. The post Driftwood Capital closes $1.2B hospitality portfolio consolidation appeared first on hotelbusiness.com.
CHICAGO, Illinois—Hyatt Hotels Corporation announced the planned acquisition of the brands and most of the affiliates of lifestyle company Standard International, the parent company of The Standard and Bunkhouse Hotels brands. The transaction is anticipated to close later this year, subject to customary closing conditions.
Castle Peak Holdings , the investment firm behind the Trailborn hospitality brand, has closed on its second vehicle with total committed capital of $315 million raised over a four-month period. We’re tapping into this by building brands that unlock extraordinary adventures in iconic outdoor destinations.
IHG Hotels and Resorts is set to bring its luxury InterContinental brand to South Australias celebrated wine country through a partnership with Strategic Alliance. Slated to open in 2028, InterContinental Barossa Resort and Spa will be the first international-branded luxury hotel in a South Australia wine region.
She joins from Ovolo Hotels, where she served as Group Director of Brand Experience and Sustainability, responsible for brand strategy, cultural engagement, and ESG initiatives across Australia, Hong Kong, and Bali. I’m incredibly excited to be joining La Vie Hotels and Resorts at such a dynamic time in its journey,” said Cottome. “I
Marriott International has reached an agreement to acquire the lifestyle, select-service brand citizenM. At closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property. These payments would not begin until the fourth year following closing.
Marriott International has marked another year of strong growth in the Asia Pacific excluding China (APEC) region, signing a record 109 deals across 11 markets, contributing 21,439 rooms to the region’s development pipeline, closing the year with 77,532 total rooms in the region’s year-end pipeline.
With its emphasis on close-knit communities, brands have found unique ways to engage with their audiences on this platform. This approach fosters a sense of belonging and enhances brand loyalty, leading to increased customer satisfaction and advocacy. So far, there hasn’t really been much explicit selling.
Gerritse brings over 15 years of luxury hospitality experience to the role, including in sales, marketing, and operational leadership across major Australian hotel brands. Its a privilege to now lead a property that not only helped shape the identity of the brand but continues to set the benchmark for luxury with personality.
The guest, the manufacturer, the hotels…after all, everyone is in the business of being in business and guest purse-strings are closely watched… Significant progress in this area needs to be more than just a feel-good marketing play. Meaningful solutions need to be both ecologically minded and economically advantageous.
In this new role, Snow will lead strategic development, encompassing brand alignment, corporate growth, and property-level strategy. By partnering closely with on-property and above-property leaders, Snow will help each hotel.
IHG is set to introduce its fastest growing premium brand, Voco, to the Northern Territory for the first time under a partnership with JH Group. Were thrilled to welcome John Halikos and the JH Group to our IHG community, as together we bring the Voco hotels brand to Darwin, he said.
Brands are always looking for new ways to create leads and close sales. Let’s dive into why they’re so helpful, select the best for your brand, and build long-term partnerships that provide continuous results. This can also further increase a brand’s reach without always having to blow the budget.
Whether you’re looking for the most popular luxury brands or the most sustainable, having a list in front of you makes it easier to compare your options. What goes into ranking a brand? The luxury brands are then assigned a rank based on how well they adhere to this criteria. What Is a Luxury Brand?
Hyatt has firmly established itself as a leader in the all-inclusive space, a journey that began in 2013 through an investment in Playa Hotels and Resorts that launched the Hyatt Ziva and Hyatt Zilara brands, said Hyatt President and Chief Executive Officer, Mark Hoplamazian.
Types of Brand Storytelling for Hotels Storytelling Tips Common Mistakes to Avoid in Hotel Brand Storytelling Case Studies Discover the strategies that transform simple bookings into emotional connections, turning visitors into lifelong advocates of your brand. Your brand story doesn’t stop once a guest books a room.
Skift Take: Today’s travelers prioritize recommendations from their close friends and family members, even as the relevancy of personalized digital ads improves. As the “best friends network,” Snapchat is showing brands how to reassess influencer culture and leverage modern tech to transport and inspire travel decision-makers.
One of the Middle Easts leading hotel management companies, Rotana, has joined Global Hotel Alliance (GHA) the worlds largest alliance of independent hotel brands. With Rotana joining, we will be close to 950 hotels, and we have high hopes to hit 1,000 hotels very soon. In 2024, GHA Discovery generated US$2.7
IHG Hotels and Resorts is set to introduce its Voco hotel brand to the Sunshine Coast under an agreement with Sydney-based developer Felix Capital, as the region gears up for the arrival of the 2032 Olympic and Paralympic Games.
This latest DST offering is the third to close this year following the completion of the Residence Inn Tampa Wesley Chapel DST in November. The Home2 Suites property is located off I-95 and is close to downtown St. Augustine I-95 in the greater Jacksonville, FL, area. Augustine, one of Florida’s most popular tourist destinations.
Accor is gearing up to launch its latest soft brand boutique hotel collection, Emblems, globally and is eyeing opportunities in the Pacific for the five-star offering. In thanking partners, he said that the success of Accor’s hotels is closely entwined with their success.
KSL Capital Partners LLC has closed a single-asset continuation vehicle for Alterra Mountain Company , with total commitments of more than $3 billion, including the commitments of the general partner and rollover investors. The post KSL closes $3B+ continuation vehicle for Alterra appeared first on hotelbusiness.com.
Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. Im excited to join BWH Hotels and look forward to contributing to the growth of its brands across the region.
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