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Driftwood Capital Closes $1.2 Billion Hospitality Portfolio Consolidation Across 18 Assets

Lodging

MIAMI, FloridaDriftwood Capital announced the successful closing of a $1.2 The 4,203-key portfolio represents some of the most strategically located assets in Driftwoods national platform, all of which are operated directly by the firm. Each asset […] The post Driftwood Capital Closes $1.2

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Iceland Volcano Erupts and Blue Lagoon Closes Again

Skift Blog

The eruption has forced Blue Lagoon to close. The country's biggest airport, however, hasn't halted its operations. Skift Take: The volcano finally erupted. Dawit Habtemariam Read the Complete Story On Skift

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Minor Hotels to open close to 300 hotels in three years

Hotel Management

The hotel owner-operator is on track to pass a milestone of 850 properties by the end of 2027, positioning it among the worlds largest hospitality groups. Minor Hotels currently has more than 560 properties and 81,000 keys in operation worldwide, with 50% of the portfolio concentrated in Europe.

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Exclusive: Trilogy Hotels closes first year with 13 hotels and big ambitions for 2025

Hotel Management

Headed up by Scott Boyes as CEO, Tony Ryan as Executive Chairman and Grant Alchin as Chief Operating Officer, the trio bring a collective industry experience of more than 90 years, extending across operations, commercial and legal, finance and asset management. Add to that, a growing team of experienced hotel industry leaders.

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Radisson Hotel Group closes H1 with over 130 signings and openings

Hotel Management

Radisson Hotel Group has closed a successful first half with over 130 signings and openings across EMEA and APAC. ” The post Radisson Hotel Group closes H1 with over 130 signings and openings appeared first on Hotel Management.

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U.S. hotel construction pipeline hits 749K rooms at Q1 2025 close

Hotel Business

This robust growth in extended-stay properties reflects both pandemic-accelerated demand for longer-term flexible accommodations and developers’ continued recognition of the operational efficiencies for extended-stay facilities. hotel construction pipeline hits 749K rooms at Q1 2025 close appeared first on hotelbusiness.com.

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Exclusive: Craig Bond joins Pan Pacific Hotel Group to lead operations

Hotel Management

Experienced hotelier Craig Bond has taken up a new role of Senior Vice President – Head of Operations at Pan Pacific Hotels Group (PPHG), marking his return to the group after almost eight years. My new position will enable me to work closely with the teams to cement our positioning as we continue expanding throughout 2024 and beyond.”