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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.
Fiji’s hotel market has shown consistent growth and forward bookings indicated continued strength, writes Nick Thompson, Senior Vice President, Hotels and Hospitality. Fiji’s hotel market demonstrates consistent growth as demand exceeds supply, with robust forward bookings indicating continued strength. The sector generated $2.5
Seasoned hospitality executives Gadi Hassin, Lisa Zakharka and May Pendraat Kredner have joined forces to introduce a global hospitality management company specialising in experiential lifestyle hotels and hostels for todays digital nomads.
We are thrilled to add CitizenM as a unique, differentiated offering to our select-service brand portfolio as we continue to strengthen Marriott’s foothold in this valuable market segment around the world. We will continue to own our realestate and operate all our hotels.
This marks a decisive shift in market momentum, as international investors are once again recognising Australia’s appeal as a stable and transparent investment destination. “In JLL Managing Director and Head of Investment Sales for Hotels Australasia, Peter Harper, said Australia is now perceived as a safer market for investment.
Five Star Group , a private commercial realestate investment, development and management firm focused on Southeastern hospitality projects, has appointed Kimberly Rowell as EVP of Five Star Hospitality Management. Prior to that, he was asset manager for 33 Degrees, a commercial realestatemanagement firm.
Peachtree’s DST hospitality acquisitions continue to present compelling opportunities for 1031 exchange investors seeking to reinvest proceeds from the sale of appreciated realestate while enjoying tax deferral benefits and maintaining a strong allocation within the hotel sector, according to the company.
Peachtree Group , a diversified commercial realestate investment platform, has appointed Michael Brunner as EVP, credit investments. With a background in securitized products, asset finance and commercial realestate, he is charged with elevating the companys credit platform and driving its strategic growth initiatives.
Island Hospitality Management has been selected as the management company for the under-construction TownePlace Suites San Jose, which will be located in downtown San Jose. The hotel will be located close to The SAP Center, San Jose Convention Center and San Jose State University.
The Plasencia Group , a national hospitality realestate advisory firm, has named Jennifer Connell SVP, strategic advisory, based in the Washington, DC, area. In this role, Connell will lead strategic consulting engagements across branding, development planning, repositioning and asset management.
The transformation will be guided by Catalyst Hotel Marketing, a proprietary marketing program developed by Bruce A. The acquisition aligns with Mount Vernon’s strategic focus on acquiring unique, historically resonant properties with strong potential for reinvention and market growth. Percelay, MVC founder/chairman.
He has more than 35 years of industry experience, including leadership roles in operations, sales and marketing and development at Starwood, Hyatt, IHG and Marriott. His strategic mindset and deep industry relationships will help guide our growth by pairing Quorum with ownership groups seeking relationship-first, impactful hotel management.”
The financial health of hospitality assets, particularly in the Northeast and Central regions are improving, driven by leisure travel and the return of conferences and events, according to the 2025 Hospitality Outlook released by diversified professional services and investment management company Colliers. From April 2024 to March 2025, U.S.
As we step into 2025, the hospitality markets in Australia and New Zealand are seeing continued growth, fuelled by strong domestic demand and a rebound in international tourism. Add in the fact that New Zealand has trebled its tourism tax for some visitors, and we can see that 2025 will be challenging for that market.
From conversations with general managers to PR professionals and restauranteurs – we’ve compiled a list of the top hospitality podcasts today to help hoteliers boost their industry knowledge and take away practical tips for success. Great Events is for event planners and hospitality professionals involved in event management.
Mitch Less has been appointed COO and oversee resort operations, food & beverage, IT, risk management and several other critical areas, working directly with company leadership to execute Westgate’s strategic business plan. Alex Velazquez has been promoted to SVP, digital marketing & creative services.
Properties in desirable locations and markets with high demand for hotel rooms tend to have higher cap rates. The market conditions. Cap rates tend to be lower when the market for hotel properties is strong and there is a limited supply of available properties. The quality of the property. The type of property.
A private, tropical paradise in Queensland’s Whitsunday Islands is the latest in a line of luxury island development sites to hit the market. HTL Property Managing Director, Andrew Jolliffe, said presents an exciting opportunity for investors and developers seeking to capitalise upon “one of Australia’s most stunning tourist destinations”.
Peachtree Group has launched its Peachtree Special Situations Fund, a $250 million fund designed to unlock value in mispriced, high-quality hotel and other commercial realestate assets due to today’s capital market illiquidity rather than underlying fundamentals, according to the company. “We
Salter Brothers has partnered with Tokyo Century as its investment manager for the joint venture development of the Hotel Indigo Changi Airport with OUE Limited. We are delighted to partner with Tokyo Century in executing their first realestate investment in Singapore, said Paul Salter, Managing Director of Salter Brothers.
As a result, realestate operators must meet these standards to mitigate financial risks associated with non-compliance, further motivating them to enhance performance. With occupancy rates, extreme weather events and sociopolitical dynamics influencing consumption, hotels have to stay vigilant in managing energy and water use.
Net rooms growth was 10.5% “In the face of growing volatility in the economy and financial markets, we continue to deliver strong performance, highlighted by our first quarter results,” said Mark S. Base management fees: increased 16%, driven by managed hotel RevPAR growth and the contribution of newly opened hotels.
JLL sCapital Markets group has arranged a $300-million refinancing for the Omni Nashville Hotel, an 800-key luxury hotel in downtown Nashville. based insurance company and AllianceBernstein Commercial RealEstate Debt , in its capacity as advisor to Equitable Financial Life Insurance Company.
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.
At the 2025 NYU International Hospitality Investment Forum , held at the New York Marriott Marquis, Michael Bluhm , managing director, global head of realestate, gaming and lodging, Jefferies LLC , and Mit Shah , CEO, Noble Investment Group , discussed the pressing challenges and emerging opportunities in the current landscape.
His journey, which began in Pittsburgh, has taken him from working in a grocery store to leading one of the largest realestate investment trusts (REITs) in the world. However, a twist of fate soon shifted his focus to the world of finance and realestate. If there’s an opportunity in front of you, take it.
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. Where do you see the wellness realestate industry going?
Highline Hospitality Partners (HHP) , the hospitality investment platform launched by Highline RealEstate Partners has acquired the dual-branded Hyatt Place/Hyatt House Charleston Historic District. This acquisition marks HHP’s 13th and 14th hotels, representing the company’s first entry into the Charleston market.
A joint venture between Smith Hill Capital , the commercial realestate debt investment management business of Procaccianti Companies, and Bain Capital has completed a $235 million refinancing for Gurney’s Montauk Resort & Seawater Spa in Montauk, NY, for BLDG Management Co. and Metrovest Equities.
Hampton Inn Tampa East (Casino Area) was sold to Tampa-based KMD Hospitality Management on May 15. The Tampa East submarket and greater Tampa market remain extremely liquid and are generating significant investor interest, said Sahlsten.
JLL worked on behalf of the borrower, a partnership between Blue Flag Capital and Bain Capital RealEstate , to secure a three-year, floating-rate loan through Blue Owl Capital -managed funds. The property features 67 guestrooms, including lofted suites with panoramic harbor views and private garden accommodations.
His vast experience in commercial realestate, banking and hotel management will greatly benefit our franchise network and the strength of our system,” says Graham Marsh, national director, Franchise Development, Choice Hotels Canada. “He
Hospitality veterans Elliot Mills and Jerry Gibson have launched Hawai’i Hospitality Group (HHG), an asset management firm headquartered in the state and focused on hotel, resort and tourism-aligned realestate across the Islands. Thats the role we see for HHGhelping make that balance possible.
A noted leader in the realestate and hospitality industry, Drake joins Kempinski with over 30 years of global experience in corporate capital markets, asset management, risk management as well as the development and implementation of operational and financial strategy.
is a southwestern US regional hotel ownership and management company. The marketing and negotiations were led by Jeffrey Duni, senior vice president, HREC. DENVER, ColoradoHREC Investment Advisors announced that it has arranged the sale of the 65-room Best Western Territorial Inn & Suites in Bloomfield, New Mexico.
Sorasea has been formed by two-Michelin-starred Chef Justin Cogley and Janet Elarmo to manage all Mirabel properties: L’Auberge Carmel, Aubergine Restaurant and Carmel Beach Hotel. The two are current ownership partners and manage much of the day-to-day operations.
per cent in 2024, 2025 will likely bring more muted gains, with supply returning to pre-COVID levels in key markets. Laport noted Concord has eight hotels under construction, while Toor is building strategically in high-barrier markets. She noted that while RevPAR growth was 4.5 Conversely, strong transaction activity was noted.
Realestate investment banking firm RobertDouglas 11th Annual Lender Survey, just released, found borrowing conditions are expected to improve due to a growing but cautious optimism. This confidence is further displayed with fewer lenders now worried about refinancing risk, which has dropped from 56% in 2024 to 40% in 2025.
This growth will be catalyzed by impending loan maturities, deferred capital expenditures, private equity fund-life expirations and moderating RevPAR in some markets, with the Americas expected to see the largest growth followed by EMEA and APAC. Peek, president, Americas, JLL Hotels & Hospitality Group.
Haro’s appointment marks a pivotal moment in Auberge’s thoughtful expansion in Europe and urban markets, with his leadership poised to shape a guest experience defined by excellence, personalization and innovation. Reuben Brothers is a global leader in realestate investment, development, private equity, debt financing, and venture capital.
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. RobertDouglas has been a true strategic partner throughout the process.
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. At the heart of it all is the Ka‘uluola Cultural Center, offering hula and ‘ukulele lessons, as well as tours of ancient petroglyphs.
has announced the addition of two distinguished realestate industry veterans, Dan Mullen and James Nozar, to its leadership team and head its development… Method Co. as its Chief Business Officer and President of Method Concepts, bringing a legacy of spearheading groundbreaking realestate ventures.
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