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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.
I look forward to connecting with colleagues and industry leaders in Fiji soon, where I’ll deliver a keynote presentation on the South Pacific RealEstate Market Outlook and moderate the investment outlook panel session. The post Exclusive: Fiji’s hotel outlook is bright, JLL reports appeared first on Hotel Management.
Skift Take: AOL co-founder Steve Case says his new Waldorf Astoria resort reflects more than just a realestate play. His hope is that the future of high-end tourism lies in community connections rather than resorts that are literally walled gardens. Read the Complete Story On Skift
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 will continue to own our realestate 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.
Established in 1988 by Joseph Jin-Sung Kim, the privately-owned hospitality and realestate investment company also owns and manages Hotel Diana Woolloongabba. Hotel Manager, Danny Friedmann said a guest-first service philosophy will be introduced to Hotel Diana South Brisbane. “By
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.
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.
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.
Managing Director Denny Meikleham and Associate Director John Kluh of Berkadia Hotels & Hospitality led the transaction on behalf of the seller, Dune RealEstate Partners. The hotel was acquired by Jignesh Patel and Robins Patel of JNR Management Inc.
JLL Managing Director and Head of Investment Sales for Hotels Australasia, Peter Harper, said Australia is now perceived as a safer market for investment. The post Hotel transaction volumes up 56% with foreign investors driving activity, JLL reports appeared first on Hotel Management.
Singlepane has launched asset management software built specifically for hotel owners, adding three new modules to its original business intelligence (BI) platform. The post Singlepane launches asset management solution for owners appeared first on hotelbusiness.com. ” Early clients are already seeing the impact.
Majestic Hospitality , a full-service property consulting firm, has named David Kuperberg managing director, realestate. The post Majestic Hospitality names David Kuperberg managing director, realestate appeared first on hotelbusiness.com.
Hyatt Hotels Corporation has entered into a definitive agreement to sell the entirety of Playa Hotels & Resorts ‘ owned realestate portfolio, acquired from Playa on June 17 for $2 billion , to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Goldman Sachs & Co.
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.
The closing of the 132-room hotel represents the third portfolio investment for McKibbon Income Fund I, a realestate investment fund focused on acquiring existing select-service and extended-stay hotels. ORLANDO, Florida—McKibbon Equities has closed on the purchase of Hilton Garden Inn Orlando I-4 Millenia Blvd Mall.
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. Baron’s Cove includes 67 guestrooms, including lofted suites with panoramic harbor views and private garden accommodations.
Otonomusa company that integrates AI with realestate and property managementwill exhibit its flagship property at CES 2025 as the first AI-powered hotel. A clear sign of the inroads AI is making into the hospitality industry, the Otonomus Hotel is set to open in Las Vegas, Nevada, in March.
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 John Carver Inn will be managed by Olympia Hospitality on behalf of Mount Vernon and will remain operational during the initial phase of planning, with renovation plans to be unveiled in coming months. Ruberto, Israel & Weiner’s Commercial RealEstate team, led by Michael Rosen, represented Mount Vernon in this transaction.
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.
Since our inception, we have been a pioneer in integrating environmental considerations throughout the investment process, asset development, management and guest experience. The post Exclusive: Pro-invest Group APAC CEO Jan Smits talks opportunity in 2025 appeared first on Hotel Management.
SAN DIEGO, California—Hotel del Coronado announced the completion of the revitalization of its Victorian building, the final milestone in Blackstone RealEstate’s more than $550 million restoration plan to enhance the property.
after adjusting for assets sold in 2024, compared to the first quarter of 2024 Pipeline of executed management or franchise contracts was approximately 138,000 rooms First-quarter operational commentary Business transient and group travel drove systemwide and U.S. and Adjusted Diluted EPS was $0.46 RevPAR growth. New York City time on May 23.
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.
This article is not investment advice and buying a hotel is a serious endeavor and one should engage a professional realestate firm. Looking for properties that have a high cap rate that could be repositioned and sold later with a lower cap rate and a higher NOI is the classic move that every investor wants to make.
After an early focus on legal studies, she complemented her education with advanced studies in Food & Beverage and Hospitality Management at LUISS University and Cornell University—two institutions at the forefront of business and hospitality education. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
Combining the global reach and resources of IHG with the efficiency advantages of our operational and construction model will drive superior returns for our investors and real-estate partners, alike. The post IHG brand portfolio climbs to 20 as modern lifestyle offering joins the fold appeared first on Hotel Management.
From the Booking Engine to the Channel Manager, everything’s looking sharper than ever. Max Extranet Configuration: All translation settings are now manageable directly in Max Extranet under: Booking Engine Module > BE Settings 4) SwiftBook – Change in Book Button Behaviour What’s new? Ready to check in on what’s new?
Hotel development and management company Rebel Hotel Company has launched Renegade Hotels , a new focus-service division. It will debut with the transition of Fairfield Inn Clovis, Comfort Inn Clovis and to-be-built Hyatt Place Clovis. The post Rebel Hotel Company launches Renegade Hotels appeared first on hotelbusiness.com.
WaterWalk Hospitality , WaterWalk Holding Company’s hotel management group, has assumed management of WaterWalk Extended Stay by Wyndham Minneapolis. This addition marks a significant growth move, as all corporate-owned and franchised properties are now managed by the management company. and WaterWalk Hospitality.
For this, there’s no better place to look than Miami, a city that’s undergone a renaissance of new development across many realestate sectors over the past decade, with a rapidly burgeoning population of individuals focused on healthy living. Where do you see the wellness realestate industry going?
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.
This transaction includes the acquisition of 15 all-inclusive resorts previously managed and owned by Playa. Playa’s all-inclusive management platform complements Hyatt’s global scale and brand strength, enabling us to deliver compelling experiences for guests and members while driving strong performance for owners.”
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. We are so happy to have Declan join our team.
Structure Hospitality has added the historic Hampton Inn & Suites Ogden to its third-party management portfolio. Omnia Commercial RealEstate owns the property. I want to thank Omnia Commercial RealEstate for presenting the opportunity. We were looking for the right deal when this one came forward.
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.
It is an immense honour to be appointed as Managing Director of Cambridge House and lead this significant landmark into its next chapter, turning a storied home of great pedigree into wonderful ground for distinctive experiences,” said Etienne Haro.
V2 Capital Management (V2) purchased the property from Alpental Capital on June 12, 2025. ATLANTA, Georgia—Hunter Hotel Advisors (Hunter) announced the successful sale of the 125-key Hampton Inn Shelton. Hunter’s Spencer Davidson, senior vice president, facilitated the transaction.
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.
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.
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 represents a strategic milestone for Highline Hospitality Partners,” said Chuck Pomerantz, managing partner, HHP. “We
With experience as general counsel in the food and beverage space, he brings a blend of legal and industry expertise to the world of realestate and corporate law. His insight and network from the hospitality and realestate sectors will bring immediate value to both new and existing clients.
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