Hospitality Net

MAY 1, 2024

Prime Group, a multi-faceted real estate owner and operator based in Hollywood, Florida, today announced the opening of the 289-suite Residence Inn by Marriott Chicago Downtown Magnificent Mile. Located at 101 East Erie Street, the all-suite property is owned by Prime Groupand managed by Marriott International, Inc.

Real Estate 167

Real Estate General Manager Sales Operations 167

Hotel Management

JULY 19, 2023

Ovolo Group is set to accelerate expansion plans with the launch a dedicated investment and asset management arm. TriO Capital will work with funds, developers and real estate owners to unlock value in underperforming hotel assets including through rebrands and refurbishments. Founder and Executive Chairman, Girish Jhunjhnuwala.

Business 189

Business Management Real Estate Target Marketing 189

Hospitality Net

APRIL 9, 2024

Pro-invest Group, a leading private equity real estate asset manager and investment firm has selected Oracle OPERA Cloud Property Management System (PMS) to standardize operations across its properties.

Real Estate 191

Real Estate Operations Hotels Services 191

Hospitality Net

AUGUST 23, 2023

Remington Hospitality, a notable hotel management firm, has taken over the operations of the Murrieta Hot Springs Resort, located in Southern California. This move marks Remington Hospitality’s first collaboration with Olympus Real Estate Group and its inaugural property management in Murrieta.

Resorts 177

Resorts Real Estate Management Hospitality 177

Boutique Hotel News

MARCH 6, 2023

Blakeburn relocated to Cornwall in 2000 to join Rick Stein’s Seafood Restaurant before joining the team at Watergate Bay, where she quickly progressed from marketing manager to brand director. She delivers brand strategy, marketing, sales and guest experience through a cohesive, creative and commercial approach.

Real Estate 101

Real Estate Hospitality Construction General Manager 101

Boutique Hotel News

MARCH 2, 2023

EU: Hospitality developer, owner and operator , PPHE Hotel Group, is in advanced discussions to launch a European Hospitality Real Estate Fund of up to €250 million equity. When complete, the hotel will be managed by the group under its hospitality management platform.

Real Estate 52

Real Estate Hospitality Hospitality Management Management 52

Hospitality Net

DECEMBER 7, 2023

The Athens Group, a luxury hospitality development company, known for the creation of generational hotels and resorts, along with its partner, Hatteras Sky, a commercial real estate firm focused on multifamily and hospitality development in high-growth American markets, are pleased to announce they have selected Pivot, the lifestyle operating vertical (..)

Real Estate 130

Real Estate Management Operations Resorts 130

Hospitality Net

FEBRUARY 26, 2024

In this newly created position, McAuley will source acquisition opportunities, equity investors, debt financing, and third-party management contracts.

Real Estate 182

Real Estate Hiring Operations Hotels 182

Lodging

JANUARY 11, 2024

Coury Hospitality announced the appointment of Andrew Casperson as chief operating officer. Promoted from executive vice president of operations, Carperson will lead operations strategies for Coury’s portfolio of hotels, bars, and restaurants. Harshbarger, chief legal officer and managing director.

Real Estate 173

Real Estate Operations Hospitality Business 173

Hospitality Net

DECEMBER 21, 2023

is pleased to announce that it has signed an agreement to operate and manage Hotel Okura Suzhou in Suzhou, China from 2027. The agreement with Suzhou Ronghe Real Estate Co., Hotel Okura Co., which is owned by Suzhou Harmony Development Group Co., Marimo Holdings, Inc. and Sumitomo Corporation, was signed on December 20.

Real Estate 172

Real Estate Hotels Operations Management 172

Lodging

FEBRUARY 27, 2024

In this newly created position, McAuley will source acquisition opportunities, equity investors, debt financing, and third-party management contracts. He has 30 years of experience in publicly traded and privately held real estate, as well as in hotel development, operations, and ownership.

Real Estate 173

Real Estate Hotels Operations Management 173

Hotel Management

AUGUST 23, 2023

My entry into the world of hotels and hospitality began with my longstanding interest in real estate, which later led me to the opportunity of combining both my professional aspirations to work in commercial real estate, with my love for hotels, travel and tourism. Do you have a career mentor or support network?

Real Estate 246

Real Estate Hospitality Sales Hotels 246

Hotel Management

FEBRUARY 20, 2024

Firstly, the headwinds faced by the commercial real estate industry attracted substantial attention. Inbound capital is originating in the Asia region but is also coming from Middle Eastern and European owner-operators and HWNI/corporate buyers looking at strategic investment opportunities.

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

Hotel Management

MARCH 5, 2024

“We are thrilled to establish our relationship with Stonewood Group and introduce New Zealand’s largest leased project with the 322-key Radisson Red Auckland,” said Radisson Hotel Group Managing Director, Australasia, Lachlan Hoswell. Stonewood Group Co-founder and Director, Michael Chow, said the timing of the brand entry is “perfect”.

Real Estate 278

Real Estate Retail Hotels Branding 278

Hospitality Net

JUNE 22, 2023

Black Swan Holdings LLC, has acquired the Lyric brand to complement the real estate strategy of its asset manager, Black Swan Asset Management LLC, which launched earlier this year and raises capital to acquire Class A multifamily properties throughout North America.

Real Estate 165

Real Estate Hospitality Branding Operations 165

Hotel Operations

JANUARY 12, 2024

This guide will show you what hotel management companies are, what they do – and give you a list of the biggest hotel management companies today. (My What is a hotel management company? A hotel management company manages the operations of a hotel or group of hotels on behalf of the hotel owners.

Management 98

Management Real Estate Hotels Operations 98

Hotel Management

DECEMBER 13, 2023

Three notable figures in the Australian hospitality landscape have joined forces to propel the independent management model for hotel operations in Australia and New Zealand. The independent management model is well-established model in the US, and Trilogy Hotels CEO Scott Boyes sees great potential for this model in the ANZ market.

Hospitality 264

Hospitality Hotels Operations Real Estate 264

Lodging

APRIL 12, 2023

JACKSONVILLE, Florida—Key International, a real estate investment and development company, and Shaner Hotels, an international hotel owner, operator and developer, today announced the grand opening of the 156-suite SpringHill Suites by Marriott Jacksonville Beach Oceanfront in Florida.

Real Estate 246

Real Estate Scale Operations Hotels 246

Hospitality Net

MARCH 20, 2024

Pro-invest Group, a private equity real estate asset manager and investment firm announce its partnership with Shiji, a global hospitality technology provider, set to enhance guest experience across their hotels.

Real Estate 100

Real Estate Sales Hotels Operations 100

Hotel Business

MAY 12, 2023

LW Hospitality Advisors (LWHA) has appointed Brett Russell as managing director of the firm. Brett Russell’s experience and capabilities in lodging real estate are wide and deep, which further enhance LWHA’s senior ranks, and we are thrilled to welcome him to the team,” said Daniel H. Lesser, cofounder/president/CEO, LWHA.

Management 98

Management Real Estate Hiring Services 98

Boutique Hotel News

JANUARY 27, 2023

After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. NREP is committed to becoming entirely carbon neutral by 2028 – encompassing both operational and embodied carbon – and the new internal carbon tax will be a key driver in this ambition.

Real Estate 52

Real Estate Hospitality Accommodation Consumer 52

Hotel Business

APRIL 15, 2024

based hospitality-focused real estate investor, to support its future growth. The company’s acquisition of a strategic minority stake in Trinity aligns with the firm’s strategy to invest in real estate operating companies in order to provide exposure to the full value chain across the asset lifecycle.

Real Estate 59

Real Estate Operations Resorts Management 59

Hospitality Net

OCTOBER 11, 2023

While commercial real estate as a whole continues to navigate uncertainty, the hotel property market is experiencing a unique set of challenges and opportunities. Hotel owners and operators currently face a significant divergence in hotel operations performance across different locations and sectors.

Real Estate 100

Real Estate Market Marketing Operations 100

Hotel Management

FEBRUARY 28, 2024

The former Group President and Managing Director—International, Smith spent over 35 years with the hospitality company in a range of roles before retiring in 2023. He is expected to leverage decades of operational experience and proven leadership with Marriott in his new role at Aimbridge.

Hospitality 130

Hospitality General Manager Real Estate Operations 130

Hotel Business

APRIL 1, 2024

Monarch Alternative Capital LP , an investment firm with approximately $14 billion of assets under management, has continued the expansion of its real estate debt investment platform through recent customized debt financings for the Hotel 48LEX in New York City, Renaissance Las Vegas and Westin Tampa.

Real Estate 69

Real Estate Casinos Market Marketing 69

Hotel Management

MARCH 7, 2024

Outrigger’s Jeff Wagoner flew in from Hawaii to speak at AHICE 2023 A selection of analysts and industry leaders will share their key outlooks in the very first session on Day 1, while JLL Chief Executive Officer – Asia-Pacific, Hotels, Nihat Ercan, will take to the stage later that morning to present the 2024 Asia Pacific Real Estate Outlook.

Events 264

Events Real Estate Operations Hospitality 264

Hotel Management

FEBRUARY 29, 2024

Prominent hotel investors, owners, and operators, representing hundreds of billions of dollars in assets, were in attendance at the Southeast Asia debut of the Asian Hotel Industry Conference and Exhibition (AHICE) at the Pan Pacific Orchard in Singapore this week. View more photos from the event here.

Real Estate 147

Real Estate Events Tourism Resorts 147

Hotel Business

MAY 2, 2024

The hotels were sold unencumbered by management and fee simple. InterMountain Management , which operates the buyers’ 19-story, 232-room Residence Inn on St. has been selected as the new management company. Guidry , along with Guidry Land Partners and Orlando businessman David Bansmer , purchased the properties.

Real Estate 59

Real Estate Branding Events Services 59

Hotel Business

MARCH 4, 2024

Life House has expanded its portfolio to Hawaii and is managing Hotel Moloka’i in Kamiloloa Beach, HI. The hotel is owned by real estate investment group Beachtree Properties. “We We are very pleased with Life House’s approach to managing our unique property,” the owner shared.

Real Estate 110

Real Estate Operations Management Hotels 110

Hotel Business

FEBRUARY 28, 2024

Highside Companies , a Colorado-based real estate company, has added several new leadership roles to its corporate headquarters in Denver, with the addition of Phil Joseph as CFO, Jennette Roberts as general counsel/head, HR and Jason Fox as VP, development. With Highside’s continued growth across the U.S.

Real Estate 95

Real Estate Retail Construction Management 95

Hotel Business

FEBRUARY 14, 2024

Owner and management company Marcus Hotels & Resorts , a division of The Marcus Corporation , has reached an agreement with Hempel Real Estate and Robinson Park Investments to jointly acquire the Loews Minneapolis Hotel. This will be the third property managed by Marcus Hotels & Resorts in Minneapolis since 1993.

Real Estate 105

Real Estate Closing Resorts Hotels 105

Hotel Management

OCTOBER 24, 2023

Real estate experts at Colliers claim the future is bright for hotel investment in Australia with traditional property investors eyeing the over AU$2 billion in assets on the market – 75% of which were listed in Q3 2023. billion by end of year.”

Average Daily Rate 130

Average Daily Rate Real Estate Occupancy Accommodation 130

Hotel Management

JUNE 15, 2023

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market.

Hotel Marketing 276

Hotel Marketing Average Daily Rate Market Marketing 276

Hotel Business

JANUARY 9, 2024

Concord Hospitality has received investments into its operating company from Whitman Peterson and The Aztec Group , two of Concord’s long-term real-estate partners. Over the course of our longstanding relationships, both partners have been instrumental in molding Concord’s strategic direction.

Real Estate 105

Real Estate Hospitality Operations Management 105

Hotel Management

JANUARY 23, 2024

Alan Christie, La Vie Hotels and Resorts Prior to this appointment, Christie was La Vie’s Area General Manager, Sri Lanka, responsible for managing the strategic performance of the Radisson portfolio, following the group’s landmark deal with Radisson Group in 2023.

General Manager 290

General Manager Resorts Hotels Sales 290

Hotel Business

MARCH 19, 2024

TMGOC Ventures , a real estate and development private equity firm, has formed a strategic investment and partnership agreement with Lexima Lodging , a third-party hotel management company. This strategic alignment immediately elevates our operations and will drive increased asset value.”

Real Estate 103

Real Estate Scale Management Operations 103

Hotel Management

JUNE 26, 2023

The sale, which was negotiated by Colliers, McVay Real Estate and JLL, is subject to the buyer obtaining approval to the transfer of the liquor licence from the Queensland Office of Liquor and Gaming Regulation. Sam McVay from McVay Real Estate described the hotel as “an irreplaceable asset”. “[The With a land area of 3.45

Resorts 264

Resorts Real Estate Sales Accommodation 264