Hospitality Net

AUGUST 8, 2023

Each of Europe’s key hotel markets saw year-over-year improvement and their highest 2023 levels in gross operating profit per available room (GOPPAR), according to CoStar’s June 2023 P&L data release. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Hotel Marketing 173

Hotel Marketing Real Estate Market Marketing 173

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

Boutique Hotel News

MARCH 6, 2023

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.

Real Estate 101

Real Estate Hospitality Construction General Manager 101

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

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 20, 2024

Firstly, the headwinds faced by the commercial real estate 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.

Real Estate 245

Real Estate Average Daily Rate Occupancy Tourism 245

Hospitality Net

AUGUST 4, 2023

hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month, according to CoStar’s June 2023 P&L data release. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Real Estate 173

Real Estate Hotels Operations Market 173

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

Hotel Financial Coach Blog

MAY 19, 2024

Commercial real estate firms specializing in hotel valuations are what your bank is going to require that you use if you’re asking them for financing to buy a hotel. You’re also going to need to make an adjustment for any planned or in-construction hotels that would be competitors in the same market. we take the 12.5

Real Estate 130

Real Estate Hospitality Hotels Market 130

Hotel News Resource

MAY 8, 2023

Rising interest rates are affecting the transaction market; however, hotels remain an attractive asset class due to improving operational fundamentals and higher returns.

Real Estate 94

Real Estate Operations Market Marketing 94

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 Management

JULY 19, 2023

TriO Capital will work with funds, developers and real estate 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.

Business 189

Business Management Real Estate Target Marketing 189

Hotel Management

MARCH 5, 2024

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.

Real Estate 278

Real Estate Retail Hotels Branding 278

Hospitality Net

JANUARY 9, 2024

Despite the sector’s strong operational rebound, the European hotel investment market has been impacted by unprecedented increases in financing costs and economic and geopolitical challenges. The hotel transaction activity in Europe surpassed €10bn during the first 9 months of 2023, (-10% YOY) 26% below the 5-year average (2018-2022).

Real Estate 147

Real Estate Hospitality Operations Travel 147

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

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

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 Business

MAY 2, 2024

InterMountain Management , which operates the buyers’ 19-story, 232-room Residence Inn on St. ” Len Wormser, SVP, and Scott Stephens, senior principal/COO of Hospitality Real Estate Consultants (HREC), together with Cushman & Wakefield Commercial Real Estate Services , arranged the sale. .”

Real Estate 59

Real Estate Branding Events Services 59

Hotel Business

APRIL 15, 2024

Partners Group , a global private markets firm, has agreed to acquire a strategic minority stake in Trinity Investments , a U.S.-based based hospitality-focused real estate investor, to support its future growth. and across new geographies, including Europe. “We

Real Estate 59

Real Estate Operations Resorts Management 59

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

Hotel Business

SEPTEMBER 11, 2023

Waterton , a Chicago-based national real estate investor and operator, has launched its new Outbound Hotels brand, a collection of locally minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences in boutique settings.

Branding 110

Branding Real Estate Hotels Resorts 110

Hotel Management

FEBRUARY 28, 2024

His hospitality career started in hotel operations, but Smith quickly rose to become a multi-time, award-winning General Manager before entering top executive roles in several international markets. 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

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

MediaBoom

FEBRUARY 27, 2024

With luxury real estate 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 real estate site design?

Real Estate 89

Real Estate Branding Sales Business 89

Hotel Business

MARCH 19, 2024

RobertDouglas has, as exclusive advisor, represented The Mirbeau Companies , developer/operator of Mirbeau Inn & Spa resorts and the Mirbeau wellness brand, in arranging a strategic capital partnership with EPR Properties , a real estate investment trust (REIT) specializing in select experiential properties in the real estate industry.

Real Estate 59

Real Estate Operations Pipeline Branding 59

Hotel Management

SEPTEMBER 27, 2023

However, the emergence of certain market trends is reshaping the industry. Traditionally, peak seasons were concentrated around the summer months, but we are now witnessing a prevalent winter market. The post Exclusive: strong resurgence in New Zealand’s hotel market, JLL reports appeared first on Hotel Management.

Hotel Marketing 130

Hotel Marketing Market Marketing Tourism 130

Hotel Management

JANUARY 23, 2024

Prior to joining La Vie, Christie spent two decades working in senior asset management across real estate, financial services and hospitality working for groups including JLL, Hospitality Advisory Partners and CBRE. “The

General Manager 290

General Manager Resorts Hotels Sales 290

Catala Consulting

JANUARY 9, 2024

Introduction In the competitive landscape of hotel marketing, the cost of acquiring new customers is a pivotal metric for success. In the hotel industry, this encompasses expenses on advertising, promotional activities, staff salaries, and technology costs associated with marketing.

Hotel Marketing 52

Hotel Marketing Market Marketing Real Estate 52

Hotel Management

MARCH 7, 2024

A keynote presentation by Harsha L’acqua, Founder and CEO of Saira Hospitality, which creates pop-up hospitality schools with hotel owners for less privileged locals in thriving hotel markets.

Events 264

Events Real Estate Operations Hospitality 264

Hotel Business

MAY 10, 2024

“We are excited to open the first Sonesta hotels in Gillette, WY, and Grand Rapids, MI,” said Norman Leslie, cofounder, Lodging Opportunity Fund and Legendary Capital , a private hotel real estate investment trust based in Fargo, ND with hotel assets across the country. “We

Real Estate 59

Real Estate Consumer Hotels Branding 59

Boutique Hotel News

JUNE 9, 2023

Graduate Hotels operates a portfolio of over 30 hotels across the US and the UK. The brand is owned by hospitality and real estate investors AJ Capital Partners. The post Graduate Hotels launches Victory Lap marketing campaign appeared first on Boutique Hotel News. million residential and commercial square feet.

Market 52

Market Marketing Real Estate Hotels 52

Hotel News Resource

MARCH 13, 2024

Sustained investor interest and strong operating conditions kept the hotel real estate market active in 2023 with transaction volume of approximately $1.72 billion, pacing slightly ahead of 2022 levels ($1.63

Real Estate 45

Real Estate Hotels Operations Market 45

Hotelier Magazine

MARCH 20, 2024

With more than 25 years of experience in franchising, real estate, construction, operations, finance and strategic market planning in the retail and hospitality segments, his vast knowledge and passion for the business will serve him well in this new position.”

Real Estate 52

Real Estate Hospitality Retail Construction 52

Lodging

JANUARY 9, 2024

This property acquisition adds to its base in the Orlando market, bringing the total to eight properties and 1,521 rooms. With ownership and operation in the Orlando Airport submarket since 1995, Auro is positioned to leverage its sales and revenue management teams to drive market share and operating efficiency.

Market Share 173

Market Share Revenue Management Hotels Operations 173

Hotel Business

NOVEMBER 17, 2022

The partnership marks the first-ever standalone glamping investment from a public REIT in the segment, which has a 14% forecasted revenue CAGR from 2022-2030, and represents a major step in the maturation of the alterative accommodation market to the institutional level, according to the companies.

Real Estate 94

Real Estate Forecasting Hotels Operations 94

Hotel Business

MAY 2, 2023

Graduate Hotels has appointed Michaella Solar-March as chief marketing officer. Based in the brand’s Nashville headquarters, she will drive global marketing strategy for the company’s more than 33 hotels across the U.S. Before Soho House & Co.,

Real Estate 98

Real Estate Retail Branding Market 98

Hotel Business

MAY 12, 2023

Russell has more than 25 years of domestic and international experience providing an array of hospitality operational, valuation and real estate advisory services including: expert testimony, site evaluation, highest and best use analysis, market and feasibility studies, and appraisals.

Management 98

Management Real Estate Hiring Services 98