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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.
Resortbrokers Managing Director Trudy Crooks, and Broker Kelli Crouch, unpack the hotel realestate landscape in Queensland and the Northern Territory. Going into FY25, ResortBrokers’ market outlook for Queensland is as strong as ever: it remains one of the best places in Australia to buy an accommodation property or business.
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.
Realestate content marketing is critical for strengthening your brand and growing your audience. However, with so many types of content, realestate firms might feel stumped on where to start. What is content marketing in realestate? You can carve out your brand through content marketing.
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.
Peachtree Group , a diversified commercial realestate investment company, has revealed its credit division has closed $556 million in loan originations of the $1.1 commercial realestate debt maturing before the end of 2026. commercial realestate debt maturing before the end of 2026. trillion of U.S.
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 realestate management firm.
Leisure RealEstate Advisors LLC has arranged the sale of the Holiday Inn Express Fremont located in Fremont, NE. We fielded more than 50 NDAs and multiple offers in a matter of weeks from the launch of the marketing.” ” Jaynes and Leisure RealEstate Advisors represented the seller, Fremont Hotels Inc.,
One potential upheaval is looming in commercial realestate. Today hoteliers, asset managers and owners are tasked with navigating one of history’s most significant market shifts. New York City’s commercial realestatemarket was hit hard, particularly in the office and retail sectors.
That’s what luxury realestate brands offer – an exclusive experience for discerning buyers. What are luxury realestate brands? Luxury realestate brands are businesses that focus on high-end properties and offer an exclusive experience to their clients. What Defines a Luxury House?
We are very excited for the opportunity to work with an owner who is a premier realestate development firm with a long-standing and award-winning history in the San Jose, CA, market, said Gregg Forde, president/COO.
Helios Hospitality Management launches with operations in Thailand and Portugal, having secured its first investment, and plans to expand its portfolio to 1,000 rooms under management within the coming year, with eyes on Central and South America, Southeast Asia and Australia.
With luxury realestate website design, your site can become the pinnacle of excellence in your niche or industry, the blueprint against which your competitors measure. You can attract more traffic, leads, and conversions through your site, but what goes into luxury realestate site design?
A working knowledge of realestate SEO keywords helps agents stay ahead of the competition. Now, more than ever, your online presence acts as a working resume for prospective realestate clients. RealEstate SEO keywords are targeted specifically for the realestate industry.
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.
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Firstly, the headwinds faced by the commercial realestate industry attracted substantial attention. Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience.
The property was sold via administrators BRI Ferrier on behalf of Bond Finance after being placed on the market by previous owner, Virtical. 1834 Hotels will operate the hotel on behalf of Mazen Tabet in a deal negotiated by the selling agents.
DCOH, formerly the Halikos Group, is a family-run business and one of the region’s largest privately-owned construction, realestate and hospitality providers. Trilogy will focus on driving efficiencies across hotel operations with teams working together under the same owner.
Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.
IHM speaks to hospitality and realestate professionals to learn more about the sustainability initiatives implemented in their businesses, and what the industry should do to lead the way. • What is the most important sustainability measure within your business and why? Our approach to responsible tourism is multi-faceted.
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.
The North PortSarasotaBradenton MSA, just south of Tampa, is one of Sandpipers highest conviction markets. Sandpiper has experience in operating the ESA Premier Suites brand, […] The post Sandpiper Acquires Extended Stay America Premier Suites in Bradenton, Florida appeared first on LODGING Magazine.
The sale, which was negotiated by Colliers, McVay RealEstate 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 RealEstate described the hotel as “an irreplaceable asset”. “[The With a land area of 3.45
Auckland is fast becoming one of New Zealand’s top tourist destinations renowned for its multiculturalism and culinary influences, making it an ideal and thriving market to launch the Radisson Red brand.” The recovery of tourism in New Zealand is gaining momentum with 2.96 million from the previous year.
TriO Capital will work with funds, developers and realestate owners to unlock value in underperforming hotel assets including through rebrands and refurbishments. Ovolo Group said the platform aims to bridge the gap between equity and operator. TriO will also seek to asset manage non-Ovolo branded products to drive returns.
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.
The marketing and negotiations were led by Jeffrey Duni, senior vice president, HREC. is a family owner/operator and original developer of […] The post HREC Arranges Sale of Best Western Territorial Inn & Suites appeared first on LODGING Magazine. The Buyer, JHMC Inc., on this transaction. VWH Enterprises Inc.
Marcus & Millichap , a commercial realestate 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.
Whether you’re a small realestate investor or an established one, separating yourself from the competition is one of the best ways to keep increasing your customer base. Below are 50 of the best examples of successful realestate investor website design. Let Mediaboom guide you. Schedule Your Free Consultation 10.
Since joining the company in 1994, he has helped transform Westgate’s finance operations, including overseeing its financial reporting and loan portfolio. He brings more than 35 years of industry experience, having served as a partner at Grant Thornton, where he specialized in the hospitality and realestate sectors.
Formerly a Holiday Inn, the property is owned by Miami-based realestate investment firm Activate Hospitality , with DHM overseeing management operations. Driftwood Hospitality Management (DHM) has completed a multimillion-dollar renovation of Delta Hotels by Marriott West Palm Beach, a 199-key hotel located in South Florida.
President and Managing Director of International Operations, Barry Robinson, told HM. Evolving market With the rise of the sharing economy, the vacation ownership model is evolving with more and more instances of shared ownership of vacation properties, Robinson said. Under the deal, Travel and Leisure Co.
Pro-invest Group is set to tap into Australia’s emerging flex living market with a ‘fuss-free’ offering targeting Gen Z and millennial travellers. The post Pro-invest taps into flex living market with focus on ‘comfort, convenience and community’ appeared first on Hotel Management.
million loan on behalf of the sponsor, Miami-based Hospitality Operations, Inc. Despite a challenging capital markets landscape, Berkadia continues […] The post Berkadia Refinances Hampton Inn & Suites Brickell appeared first on LODGING Magazine.
A joint venture between Sage Lane Partners , a private equity realestate firm that specializes in sourcing, acquiring, developing and asset managing investment properties, and ARK Holdings has acquired the 101-room Hampton Inn & Suites Prattville in Prattville, AL. ARK Hospitality will operate the hotel. of event space.
Australian-owned global fund manager Salter Brothers is expanding its services to the Japanese market through a strategic partnership with TC Hotels and Resorts Beppu Corporation (TCH&R-B), a wholly owned subsidiary of Tokyo Century Corporation.
Integration of Advanced Technology: The adoption of smart technologies is enhancing operational efficiency and guest satisfaction. We have deep expertise in F&B operations and last year saw significant increase in our F&B sales. We dont believe in a one-size-fits-all attitude to F&B.
“San Antonio is a unique market with a growing need for extended-stay hotels,” said Greg Friedman, managing principal/CEO, Peachtree. “The new Residence Inn will provide guests with a dynamic extended-stay experience uniquely suited to San Antonio’s market,” Friedman added.
Rising interest rates are affecting the transaction market; however, hotels remain an attractive asset class due to improving operational fundamentals and higher returns.
He brings nearly 25 years of experience in commercial realestate and hospitality investment to the organization, including evaluating and executing high-value transactions and conducting market analysis. He will also oversee operational analytics, as well as feasibility studies across branded and independent properties.
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. Elliot and I have led some of the most complex hospitality operations globally and in the state.
In today’s fiercely competitive realestate industry, staying ahead of the curve is more crucial than ever. With millions of realestate agents and a growing number of people seeking properties, it’s essential to have a solid online presence. But what exactly is realestate SEO?
“I am proud of the strong position that IHG is in today, thanks to the investments we have made to transform every aspect of our business, deliver for our guests and owners, and grow and operate our brands in the right way around the world.” Oppenheimer said the appointment is the result of a rigorous selection process.
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