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‘Sydney’s biggest hotel sale this year’: Skye Suites nabs top price – HTL, Stonebridge report

Hotel Management

“The over-sized suites, high specification of finishes and recent construction were all contributory factors to attracting the ‘who’s who’ of bidders and driving Sydney’s biggest hotel sale this year,” said Stonebridge Property’s National Director, Lincoln Blackledge.

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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

Global real estate 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.

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Marcus & Millichap brokers two-hotel sale

Hotel Business

Marcus & Millichap , a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has brokered the sale of a two-property hotel portfolio in Upstate New York. The post Marcus & Millichap brokers two-hotel sale appeared first on hotelbusiness.com.

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Berkadia Negotiates Sale of Freepoint Hotel Cambridge, Tapestry Collection by Hilton

Lodging

CAMBRIDGE, MassachusettsBerkadia announced the successful sale of the 121-room Freepoint Hotel Cambridge, Tapestry Collection by Hilton, located in Cambridge, Massachusetts. The hotel was acquired by Jignesh Patel and Robins Patel of JNR Management Inc.

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Lauren D’Souza&Faze Earns Florida Real Estate Broker’s License, Expands Professional Expertise

Hotel News Resource

Article - Lauren D’Souza-Faze Earns Florida Real Estate Broker’s License, Expands Professional Expertise - Experienced hotel sales professional brings elevated knowledge and service to Florida’s real estate market

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Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update

Lodging

All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. The company also announced the transfer of the company’s […] The post Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update appeared first on LODGING Magazine.

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Hunter Hotel Advisors Brokers Sale of Hampton Inn by Hilton Dallas-Irving-Las Colinas

Lodging

ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the Hampton Inn by Hilton Dallas-Irving-Las Colinas. A Louisiana-based developer purchased the property from a New York-based real estate firm on June 10.