Hotel Business

AUGUST 18, 2023

Arriba Capital recently closed a $52.5 The post Arriba Capital closes $52.5M million ground-up construction loan for a Holiday Inn Express and Staybridge Suites dual-brand property in the central business district (CBD) of Houston. The property is being developed and managed by Houston-based Neway Hospitality.

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Anthony Cole Training

MAY 21, 2021

We recorded a video on Laying the Foundations for the 8 Steps to More Effective Closing to close more business more quickly with higher margins. And we talked about the foundation. Today we are going to get into the actual 8 Steps of Becoming an Extraordinary Closer.

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Hotel Business

AUGUST 4, 2023

“This allowed for us to broker the sale of the Super 8 by Wyndham Ormond Beach, off-market, and resulted in a quick contract to closing window with a successful sales result achieved for all parties.” The post DSH Hotel Advisors closes sale of FL Super 8 appeared first on hotelbusiness.com.

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Hotel Business

JULY 27, 2023

Certares , a global investment firm focused exclusively on the travel and hospitality industries, has completed the final closing of its first real estate hospitality fund, Certares Real Estate Holdings I LP, with $284 million of equity commitments.

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Hospitality Net

APRIL 21, 2023

Singapore-based Mindverse AI kicked off its Closed Beta Launch of MindOS, its debut tool for creating customized virtual characters for hospitality and e-commerce. A recording of the closed beta launch can be accessed here.

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Lodging

MAY 10, 2023

BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 Based on the hotel’s operating […] The post Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle appeared first on LODGING Magazine. million to a third party.

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Anthony Iannarino

FEBRUARY 20, 2020

I wrote a book on how to close complex B2B sales titled The Lost Art of Closing: Winning the 10 Commitments That Drive Sales. Opening is the new closing, which is to say, you will never close a deal you don’t first open. The Lost Art of Closing shows you how to proactively lead your customer and close your sales.

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eHotelier

JUNE 7, 2023

If you set-up your hotel’s offerings and tech stack properly, these avid travelers could be your sweet spot (revenue-wise) for the coming months and years.

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Hotel Business

AUGUST 4, 2023

The post JLL closes mezz note sale on Club Quarters portfolio appeared first on hotelbusiness.com. There are currently 15 Club Quarters hotels comprising 4,080 rooms located in major metropolitan markets across the United States and United Kingdom.

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Skift Blog

SEPTEMBER 29, 2023

Skift Take: U.S. National Parks — one of America's most vital attractions — would become unavailable to millions of tourists and locals. Dawit Habtemariam Read the Complete Story On Skift

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Hospitality Net

JUNE 2, 2023

Although they would like to deny it, Gen Zs and Millennials do have one very important thing (for you!) in common: just like the Millennials before them, Gen Zs are highly motivated by travel and will spend as much of their disposable income on it as possible.

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Anthony Iannarino

JULY 2, 2020

Many decades ago, the theory about how to close deals faster was to use a trial close, followed by increasing pressure, regardless of your prospective client’s objections (which were unresolved concerns). The Lost Art of Closing shows you how to proactively lead your customer and close your sales. You need help now.

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Hospitality Net

JULY 7, 2023

HyperGuest, a leading technology platform for the hospitality industry, announced today that it has successfully closed a $23 million Series A funding round.

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Hotel Business

FEBRUARY 3, 2023

JLL ’s Hotels & Hospitality Group has closed the sale of 525 Lexington Ave., The hotel, which was formerly branded as the Marriott New York East Side, was closed at the time of sale and offered unencumbered by brand and management. The post Sale of 655-key NYC hotel closes appeared first on hotelbusiness.com.

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Hotel Business

MAY 11, 2023

At the close of Q1 2023, the pipeline stands at 546 projects/90,139 rooms, down slightly 3% by projects and 2% by rooms year-over-year (YOY). Early planning is up 11% by projects and 15% by rooms YOY to stand at 160 projects/24,218 rooms at the close of the first quarter.

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Hotel Designs

MAY 31, 2023

With this in mind, a growing number of manufacturers across the industry are offering products with full ‘cradle to cradle’ recyclability – closing the loop of the circular supply chain. Main image credit: CTD Architectural Tiles Closing the loop: the value of sustainable commercial tiles Hamish Kilburn.

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Anthony Iannarino

AUGUST 11, 2020

One of the most significant changes in sales is the meaning of the word “closing.” In the past, sales leaders would suggest that they wanted to hire people who could close deals, asking the prospective client to buy, and getting ink on a contract. This is not only incorrect but also something detrimental to winning big deals.

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Boutique Hotel News

OCTOBER 11, 2022

Netherlands: HolidayHero, a software platform that supports hotels and short-term rental hosts to manage and exceed guest expectations, has closed a €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalised guest experiences in the travel industry.

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Hotel Business

DECEMBER 19, 2022

Pyramid Global Hospitality has closed the acquisition of the operating division of Provenance Hotels, an independent owner of boutique hotels. The post Pyramid Global closes acquisition of Provenance’s operating division appeared first on hotelbusiness.com. Hotel Preston in Nashville. Hotel Theodore in Seattle.

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Hotel Business

MARCH 9, 2023

Vista Capital Company recently arranged and closed $24 million of financing for the Crowne Plaza Union Station located in downtown Indianapolis, within America’s first Union Station. ” The post Vista Capital closes $24M of financing for historic Indianapolis hotel appeared first on hotelbusiness.com.

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A Sales Guy

SEPTEMBER 29, 2016

For years we’ve looked at “closing” as a thing you do to someone. If you’re trying to “close” someone at the end of the sales process, if you’re treating the close like an event your not selling and you’re not in a good sales place. Learn to close on the journey.

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Skift Blog

AUGUST 31, 2023

Skift Take: The new hotel tax funds will be a big boost for Destination DC's marketing efforts. Dawit Habtemariam Read the Complete Story On Skift

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Anthony Iannarino

APRIL 11, 2019

I am unaware of any sales organization or salesperson who believes they can execute a “ one-call close ” in a complex sale, though I do believe there must be a few. I don’t believe that I have ever witnessed a salesperson try to close a complex sale in a single call, although I would be keenly interested in observing someone give it a go.

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Boutique Hotel News

DECEMBER 15, 2022

The post Mews closes $185m Series C round appeared first on Boutique Hotel News. With their open architecture and fully integrated payment capabilities, Mews is heavily relied upon as a mission critical solution.”.

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Hotel News Resource

SEPTEMBER 18, 2023

CIM Group announced today that its CIM Real Estate Debt Solutions business closed on behalf of a CIM managed fund a $34.97 million senior loan to a joint venture between Monarch Alternative Capital and HHM Hotels secured by the dual-branded Aloft/Element hotel in Orlando and a $28.9

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Boutique Hotel News

DECEMBER 30, 2022

The post Braemar closes £100m loan for Four Seasons Scottsdale appeared first on Boutique Hotel News. Robert Douglas , a real estate advisory firm, assisted Braemar with this transaction. Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

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Hotel Business

NOVEMBER 17, 2022

JLL ’s Hotels & Hospitality Group has closed the $55-million sale of six Hyatt Place-branded select-service hotels totaling 754-keys across the Southeast, Texas and Kansas. The post JLL closes $55M sale of six Hyatt Place hotels appeared first on hotelbusiness.com. HKB was advised by ThornOak Capital.

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Anthony Iannarino

JUNE 2, 2020

When these things are true, you must close the distance. It creates distance and reinforces that distance instead of closing it. A prospecting sequence or engagement strategy should be built on closing the gap, not maintaining it. Listening and caring closes the distance. Using Email. Using the Phone.

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Hotel News Resource

MAY 19, 2023

Over the last few days, Carlton Cannes, a Regent Hotel hosted multiple events to celebrate the hotel's return in grand style, after being closed for two years for extensive refurbishment. IHG Hotels & Resorts collaborated with the 76th Cannes Film Festival to celebrate the return of the world-renowned Carlton Cannes, a Regent Hotel.

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Hospitality Net

MAY 22, 2023

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms.

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Hospitality Net

MAY 22, 2023

Disney’s $2,400-a-night Star Wars hotel, which opened to much fanfare just over a year ago, is set to close in September. The Star Wars: Galactic Starcruiser, which launched in Walt Disney World in Orlando, Florida, on 1 March 2022, was initially marketed as an immersive experience.

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Boutique Hotel News

DECEMBER 13, 2022

Peru: Peruvian apartment rental startup Wynwood House has closed a $7 million seed round in equity and debt to fund its expansion further into and beyond Latin America. The post Wynwood House closes $7m seed round to fund global expansion appeared first on Boutique Hotel News.

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Hospitality Tech

JULY 23, 2023

Gen Z travelers a hugely valuable demographic for today’s hotels. If you set-up your hotel’s offerings and tech stack properly, these avid travelers could be your sweet spot for the coming months and years.

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