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Construction underway on 97-key Nu By Yoo hotel in Melbourne

Hotel Management

Construction is underway on DCF Property Group’s $180 million First Light development in Melbourne’s Domain Precinct, which will be home to branded residences and the first Nu By Yoo hotel in Australia. Managed by La Vie Hotels and Resorts, the 97-key hotel will feature luxury accommodation and a signature food and beverage partner. “At

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Quincy Melbourne achieves sustainability milestone in road to net zero

Hotel Management

TFE Hotels has invested in the development of carbon footprint management systems including a Board-endorsed sustainability strategy, setting climate targets, establishing their in-house greenhouse gas monitoring, and reporting.

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Marriott International to acquire CitizenM for US$355 million

Hotel Management

There are currently three CitizenM hotels under-construction hotels, totalling over 600 rooms, that are anticipated to open by mid-2026. We will continue to own our real estate and operate all our hotels. The post Marriott International to acquire CitizenM for US$355 million appeared first on Hotel Management.

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Hilton Breaks Ground on First Project H3 Hotel

Lodging

MCLEAN, Virginia, and KOKOMO, Indiana—Hilton announced the groundbreaking of the first Project H3 by Hilton hotel in Kokomo, Indiana, signifying the start of construction on its new studio apartment-style extended-stay hotel brand.

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Exclusive: mixed-use developments driving results for TFE Hotels

Hotel Management

Owners are seeing the value in mixed-use developments in maximising returns, and dual-branded developments in delivering greater operational efficiencies, writes TFE Hotels Director of Development, John Sutcliffe. The post Exclusive: mixed-use developments driving results for TFE Hotels appeared first on Hotel Management.

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Exclusive: Radisson Hotel Group revs up on development and technology

Hotel Management

Full-scale construction has commenced on the development of Radisson Blu Mirage Resort Fiji, scheduled to open in 2026, with the project now funded by both the Fiji National Provident Fund (FNPF) and BSP Financial Group (Fiji) Pte Limited (BSP).

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Exclusive: effective asset management ‘crucial’ amid complex operating environment, says JLL

Hotel Management

With supply having increased enough to accommodate future demand growth and dramatic rises in construction costs, many other mooted projects will be challenged to stack up. Effective hotel asset management has never been more crucial. Read HM ’ s full 2024-2025 Hotel Development outlook here.