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Global realestate 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.
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.
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, one of Florida’s most popular tourist destinations.
Originally opened in 1969 and most recently renovated in 2021, the property is close to Plymouth Rock and the Mayflower II, making it a key asset in the state’s heritage tourism corridor. The transformation will be guided by Catalyst Hotel Marketing, a proprietary marketing program developed by Bruce A.
The hotel will be located close to The SAP Center, San Jose Convention Center and San Jose State University. We are very excited for the opportunity to work with an owner who is a premier realestate development firm with a long-standing and award-winning history in the San Jose, CA, market, said Gregg Forde, president/COO.
All three hotels reside in prime realestate locations within urban, high barrier-to-entry markets with strong demand drivers, according to the company. Hotel ZaZa Austin Downtown is close to Austins Central Business District with its dense corporate presence and acclaimed dining, retail and live music venues.
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 realestate and operate all our hotels. said Lennert de Jong, CEO of citizenM.
At closing of the transaction, Marriott will pay $355 million to acquire the brand and related intellectual property. Following closing, the citizenM portfolio will become part of Marriott’s system, with the hotels owned and leased by the seller subject to new long-term franchise agreements with Marriott. . regulatory approval.
We are delighted to partner with Tokyo Century in executing their first realestate investment in Singapore, said Paul Salter, Managing Director of Salter Brothers. Singapore continues to be a key market for us.
DALLAS, TexasCommercial realestate lending surged in the first quarter of 2025, driven by higher financing volumes and robust activity from banks, though caution persists due to government policy and economic uncertainty impacting Treasury yields, according to the latest research from CBRE.
As the commercial realestate lending environment continues evolving in response to economic pressures and shifting borrower needs, CPACE (Commercial Property Assessed Clean Energy) financing is becoming more prominent, with projections of it surpassing $10 billion in cumulative investments this year.
The expansion is supported by a $77 million investment from EPR Properties , a realestate investment trust (REIT) specializing in “experiential” realestate. Founded by the Dowers in the late 1990s, The Mirbeau Companies began with a vision of offering close-to-home escapes that addressed the stresses of modern life.
This strategic appointment marks a significant step in reinforcing the Group’s leadership structure, as it continues to expand its presence and partnerships across both national and international markets. Her leadership has contributed to the hotel’s emergence as a leading destination within Rome’s competitive luxury market.
Trailing net operating income increased meaningfully from marketing through closing. The financing, provided by an institutional-grade balance sheet lender, repaid construction financing, returned equity to TPI, and includes an earn-out structure for future proceeds based on performance.
What this implies is that if hotels are not keeping up with the trends, then they are either losing bookings or will have a hard time growing nightly rates beyond what the commoditized market-determined price commands. Are there any synergies that can be realized by having multiple locations in a single city or in close proximity?
Trailing net operating income increased meaningfully from marketing through closing, underscoring the lender’s conviction in the asset’s ramp-up potential and the creative, forward-thinking approach taken by all parties involved, according to the company. Beach Club.
Gordon and Rasha represent the best in their fields, and I look forward to working closely with them to define the next chapter for this iconic brand, she said. She previously held the position of Senior Director of Marketing at Emaar and Head of Marketing at Al Maabar International Investments (currently Eagle Hills).
Closing of this transaction is expected in the coming months, with the hotel scheduled to open in 2029. It combines an innovative upscale select-service model with service flexibility, creating operational efficiencies and unlocking realestate value as a result.
“We are pleased to expand our portfolio with the acquisition of the Homewood Suites Tampa-Brandon, which is ideally located adjacent to our Embassy Suites in the same market,” said Nelson Knight, president, realestate and investments, Apple Hospitality. The hotel was offered for sale by the loan servicer, and the $18.8
Ryan Embree: Welcome to Suite Spot, where hoteliers check in, and we check out what’s trending in hotel marketing. So the three that you mentioned, hospitality, travel, and wellness, are the markets that I have the privilege of running. I mean, the market’s in an interesting spot. I’m your host, Ryan Embree.
Prior to our present occupation, one of your two authors here, Larry, ran a hospitality and tourism marketing agency that proudly called Kona Village a client some two decades ago. Every aspect of the resort’s revival was guided by a responsibility to preserve the land’s history and natural beauty.
A joint venture between Sage Lane Partners , a private equity realestate firm that specializes in sourcing, acquiring, developing and asset managing investment properties, and ARK Holdings has acquired the 101-room Hampton Inn & Suites Prattville in Prattville, AL. ARK Hospitality will operate the hotel. of event space.
We are thrilled to partner with Pret A Manger to bring our secure and innovative commerce solutions to their expanding global market," said Chris Kronenthal, President at FreedomPay. The deal closed today for an undisclosed amount. Operators can learn more and join the Profit Assist waitlist at spoton.com/profit-assist-waitlist.
McKibbon Equities has closed on the purchase of the Hilton Garden Inn Orlando I-4 Millenia Blvd Mall. The acquisition of the 132-room hotel represents the third portfolio investment for McKibbon Income Fund I, a realestate investment fund focused on acquiring existing select-service and extended-stay hotels.
This strategic partnership supports Rubys international growth particularly in markets such as the US and Asia positioning the group as IHGs preferred partner for lease projects under the Ruby brand. One year ago, Empira Group took over the building, which had previously operated as a hotel.
It was conducted by market research company Talker Research, whose team members are members of the Market Research Society and have corporate membership to the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR). between Apr. 25 and May 2, 2025.
Ryan Embree: Welcome to Suite Spot, where hoteliers check in, and we check out what’s trending in hotel marketing. And then I had a director of sales and marketing at that point. My last stint on property was the Hilton El Conquistador in Tucson as the director of sales and marketing. Tune in now. Hello everyone.
million in direct booking revenue so far this year â not through aggressive marketing or deep discounts, but by simply following up with guests who almost booked 1. As every hotel looks to adopt AI across different commercial functions, they first need a unified view of how marketing, revenue management, and distribution are evolving.
In addition to his tenure as CEO at ATPCO, where he led the company through a period of significant modernization and growth, Alex has founded and scaled multiple successful technology companies, building a track record of innovation, leadership, and operational excellence in highly competitive markets.
. “The platform analyzes third-party and proprietary data to determine transactions that have optimal risk-reward balance for investing and is the linchpin of our strategy to lead a new era in hospitality realestate investment.” going-in cap rate for a recently built, well-branded asset in a growth market.
KHP Capital Partners , a private realestate investment firm focused on acquiring and creating lifestyle hotels, has closed on $300 million of commitments for its sixth discretionary realestate fund. The fund closed on its third investment, the acquisition of the Hotel Viking in Newport, RI, on April 17.
Their recent opening of the Donatos kitchen in Columbus is a major step forward in realizing that vision.â AlleyCorp - A leading early-stage venture firm, AlleyCorp identified Appetronixâs product-market fit and believes the company is on track to achieve unicorn status. 6/23/2025 Hospitable Helps US Hosts Recover $1.2M
I have worked closely with Janice over the years and believe that she is best positioned to lead as interim CEO. Sonder has an immensely talented team, and I will continue to work closely with the board and management to advance our initiatives during this interim period.”
Accelerated Growth Certification positions Fingermark to partner with other global brands already using Deliverect that are seeking innovative and compatible self-service kiosk solutions, opening the door to exciting new opportunities in key markets. For more information, visit www.ideas.com. 6/23/2025 Hospitable Helps US Hosts Recover $1.2M
DALLAS, Texas—The commercial realestate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. percent from Q3 2023—marking the first quarterly increase since Q1 2022.
Our on-the-ground teams bring strong market insights that enable swift execution and speed-to-market. Amid the global uncertainties, market dislocations in the hospitality sector have also created more opportunities for value-add and repositioning.
DALLAS, Texas—The commercial realestate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of credit spreads indicated signs of stabilizing, according to the latest research from CBRE. The index saw a decline of 32.7
He will also work closely with the capital markets team in the Tampa office, which is led by Lee Weaver, senior managing director and Tampa office co-head. “Wyatt’s addition to our team comes at a perfect time to capitalize on these market conditions and expand our capital markets offerings.”
DALLAS—Stress in the banking system and financial market volatility continued to slow commercial realestate lending activity in the first quarter of 2023, according to the latest research from CBRE. percent when compared with the strong loan volume of a year earlier.
In this role, he will lead and support the companys commercial team, overseeing revenue & distribution, marketing, PR, sales, reservations and business intelligence. He will collaborate closely with property teams to refine and elevate revenue management, distribution, marketing and sales strategies.
DALLAS—The commercial realestate lending market is beginning to stabilize, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. percent from Q2 2023 and 47.9 percent when compared with the strong loan volume in last year’s third quarter.
Peachtree Group (“Peachtree”), a diversified commercial realestate investment firm, announced it has closed approximately $660 million in credit investments since Dec. 1, 2023, with an additional $350 million anticipated closing over the next 30 to 45 days. Billion appeared first on LODGING Magazine.
Realestate content marketing is critical for strengthening your brand and growing your audience. However, with so many types of content, realestate firms might feel stumped on where to start. What is content marketing in realestate? You can carve out your brand through content marketing.
Among various digital marketing strategies, one stands out as exceptionally effective: realestate email marketing. Realestate email marketing is a potent marketing approach that revolves around the act of sending targeted emails to customers and potential prospects. Let’s dive in!
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