Hotel Management

JANUARY 30, 2025

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.

Real Estate 261

Real Estate Hotels Branding Marketing 261

Hotel Management

APRIL 28, 2025

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. This relationship will allow us to work together to maximize returns.

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Hotel Management

JULY 1, 2024

Landmark WA hotel Hyatt Regency Perth is set to close its doors next month after 36 years in operation with its Singapore-based owner Tuan Sing Holdings Limited seeking to embark on a new hospitality direction. This follows the termination of the hotel management agreement between Hyatt and the hotel’s owner, Tuan Sing Holdings Limited.

Closing 264

Closing Hospitality Real Estate Occupancy 264

Hotel Management

OCTOBER 20, 2024

Independent hotel management company Trilogy Hotels is expanding to the Northern Territory under a multi-property partnership with Darwin-based DCOH Group. The deal sees Trilogy take over management of 417 rooms across three city centre hotels – Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.

Real Estate 264

Real Estate Hotels Construction Operations 264

Hotel Management

OCTOBER 24, 2024

Vacant possession of hotel management was offered as part of the sale which was negotiated by JLL Hotels and Hospitality’s Nick MacFie and Peter Harper and Savills Hotels Nick Lower and Benson Zhou. 1834 Hotels will operate the hotel on behalf of Mazen Tabet in a deal negotiated by the selling agents.

Real Estate 267

Real Estate Sales Hotels Marketing 267

Hotel Management

OCTOBER 24, 2024

We managed to convince 26% of owners in the Sofitel network to renovate, 8% of MGallery – wonderful. You manage to reduce your turnover. We are back in business, and this grand lady has been beautifully transformed,” General Manager, Sam Panetta, told those gathered. The other option is to find another brand.

Branding 276

Branding Scale Real Estate General Manager 276

Lodging

JULY 15, 2024

Managing Director Saul Hoppenstein and Associate Director James Elmore of Berkadia Boca Raton secured a $45.9 million loan on behalf of the sponsor, Miami-based Hospitality Operations, Inc. The lender, a life insurance company, provided the five-year, fixed-rate loan with full-term interest only at an attractive interest rate.

Retail 262

Retail Operations Marketing Market 262