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Realestate and hospitality veterans Jay Levell and Ryan Hanks have launched Long Road Partners , a lifestyle and hospitality-focused investment and development firm with a strategic mandate to acquire, reposition and operate hotel, resort, lifestyle and golf-oriented assets across the U.S. markets in the Southeast.
Net rooms growth was 10.5% “In the face of growing volatility in the economy and financial markets, we continue to deliver strong performance, highlighted by our first quarter results,” said Mark S. We are excited about the momentum in our pipeline and the continued strong demand we’re seeing for our brands around the world.”
All three hotels reside in prime realestate locations within urban, high barrier-to-entry markets with strong demand drivers, according to the company. Hotel ZaZa Dallas Uptown is close to Dallas Uptown District, where more than $1 billion in development is underway or in the pipeline.
The brands current pipeline includes three under-construction hotels totalling over 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriotts global regions over the next decade. We will continue to own our realestate and operate all our hotels.
The brand’s current pipeline includes three under-construction hotels totaling more than 600 rooms that are anticipated to open by mid-2026, with the prospect of significant additional growth across Marriott’s global regions over the next decade. We will continue to own our realestate and operate all our hotels.
Shifts in the real-estatemarket, such as declining demand for office and strata developments, have created a rare window of opportunity for hotel development. There are 22 projects currently in the development pipeline, representing approximately 4,200 rooms, which is encouraging.
Located near Omonia Square, the project is being developed in collaboration with realestate partner Primetown Development… The launch marks Ruby Group’s first step into the Greek market, further expanding its presence across the Southern Europe region with a new Lean Luxury hotel in central Athens.
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. PM Hotel Group has appointed Scott Harrell as VP, development, feasibility & analytics.
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.
It combines an innovative upscale select-service model with service flexibility, creating operational efficiencies and unlocking realestate value as a result. It is an exciting project which leverages our ‘Buy, Build, Operate’ business model and expertise as well as our multi-brand and multi-market segment strategy.
Operating in partnership with High Boy Ventures, a residential realestate development company, Placemakr Salt Lake City at Brix offers a blend of residential and hospitality-style stays catering to both short-term visitors and long-term residents. We can’t wait for guests and residents to come experience the property.
Under the 2025 theme of Cultivating Independence in Boutique Hospitality Investment, the conference will explore emerging opportunities, creative capital strategies and market-defining trends shaping the future of this distinct and growing segment. This years keynote session will feature an exclusive conversation with Simon P.
The signing was celebrated at a special ceremony in Porto de Galinhas, attended by local government officials, representatives from the owning realestate firm, Marriott executives, and members of the media. Brazil is a key growth market for us, and we continue to see opportunities to further diversify our portfolio in the country.
“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.
What your hotel should do: Best practices Assign social engagement to your marketing or guest experience team. Feature Guest Stories and Testimonials Guest-generated content is one of the most credible forms of marketing your hotel can showcase. Set internal response SLAs (e.g., respond to DMs within 1 hour during business hours).
The Dylin is unlike anything else available on the market and serves as a testament to Mint Houses unparalleled commitment to providing guests with the highest quality accommodations.” The Dylin brings Mint Houses portfolio to 23 properties across 14 markets, with another property set to open in Washington, DC, this spring.
Terra and Turnberry , two South Florida realestate development firms, have secured $392 million in construction financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center.
The brand was cofounded by Rick Hayduk, a hospitality veteran; Rich Davies, a third-generation realestate developer; and Dabo Swinney, Clemson University’s head football coach. The first Shepherd Hotel opened in downtown Clemson, SC, in September of 2022.
TORONTO — Clifton Blake, a real-estate investment and asset-management firm, has merged with Metropolitan Commercial Realty Inc., This integration enhances Clifton Blake’s ability to source off-market deals, access timely property intelligence, and underwrite with speed and precision. CB Metcom).
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.
For a good reason, commercial realestatemarketing is a hot topic. According to eMarketer , digital marketing spending surpassed traditional marketing channels for the first time in 2019. But, how can you make your realestate company stand out from the crowd and attract clients online?
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.
Lead generation for realestate agents is tricky in a competitive market. Up to 37% of realestatemarketers say they struggle the most with lead generation. With a robust realestate lead generation strategy, you can attract potential homebuyers with ease! But leads don’t have to be a mystery.
In a field that was valued at $7,063 Billion in 2022, realtors need to get creative with realestate lead generation ideas to stay ahead of the curve. The realestatemarket is saturated with professionals vying for the same customer pool. Realestate lead generation is an essential component of industry success.
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.
Urban Catalyst , a realestate equity fund manager and developer focused on downtown San Jose, has opened the TownePlace Suites San Jose Downtown in California’s Silicon Valley. The project was developed in collaboration with Island Hospitality Management , which will oversee day-to-day operations.
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.
Isn’t it amazing to think that SEO can skyrocket your return on investment (ROI) by up to 1,389% for realestate businesses ? Commercial RealEstate SEO improves website visibility and search engine rankings, targeting specific customer segments and attracting qualified leads.
“Windsor Aughtry Company is the leading commercial realestate developer and brokerage firm in the Southeast,” said Daniel Lock, VP, commercial strategy, Hospitality America. They bring a uniquely comprehensive perspective of what it takes to be successful in realestate.
Realestate 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.”
Dugasta Properties, a Dubai-based realestate developer, announced a project pipeline that will see the developer roll out Dh1.5 The developer has signed up more than 3,000 realestate agents to accelerate the marketing and sales activities in the coming months.
which is expected to add more than 9,000 rooms to its portfolio by year-end and approximately 1,500 rooms to its pipeline. The Sonder pipeline rooms are anticipated to be added to Marriott’s system over the next few years. . — Marriott International, Inc. has announced a long-term licensing agreement with Sonder Holdings Inc.,
BWH is strengthening its position in the market by establishing partnerships with HMA’s, realestate organisations, developers, investors, hotels and event partners strategically aligned to increase BWH’s foothold. In doing so, the brand aims to develop opportunities for growth and brand awareness.
Hilton SVP for Development – APAC, Clarence Tan, discusses key opportunities in the Asia Pacific market amid a strong demand for leisure travel. The APAC hotel development landscape has seen significant growth over the past year, reflecting the region’s dynamic and resilient tourism and hospitality market. billion, up from US$9.8
Hotel renovation and conversion pipeline activity, at the end of the fourth quarter of 2022, is at the highest totals Lodging Econometrics (LE) has ever recorded. Renovations and conversions account for more projects and rooms than those that are currently in the under construction stage of the new construction pipeline.
Vignette Collection is IHG’s newest Luxury and Lifestyle brand, and already growing quickly in many markets,” said IHG Hotels and Resorts Vice President, Development, South East Asia and Korea, Patrick Finn. Odom Board Chairman and Founder of realestate developer ULS, Kim Leang Kean, said the hotel will be a further draw card to the city.
Hilton has signed an agreement with Adventurous Journeys Capital Partners (AJ Capital) to acquire the Graduate Hotels brand, adding a significant growth opportunity in the lifestyle hotel market. With thousands of colleges and universities around the world, we believe the addressable market for the Graduate brand is 400-500 hotels globally.”
The hotel, which will be part of the JdV by Hyatt soft brand, is being developed by a joint venture between DSM RealEstate Partners and Garage Cap. of flexible meeting space, a fitness center and a 24-hour market. Additional amenities will include 1,300 sq.
Key International , a realestate investment and development company, and Shaner Hotels , an international hotel owner, operator and developer, have opened the 156-suite SpringHill Suites by Marriott Jacksonville Beach Oceanfront in Florida. Shaner will operate the hotel, owned by Key International.
US/UK: Hotel collection Graduate Hotels has appointed Michaella Solar-March as the group’s chief marketing officer. Most recently, Solar-March served as chief marketing officer for MA Hotel Management at MA Financial Group. Graduate Hotels has an additional four properties in the pipeline, all in various stages of development.
How much do you feel you still truly understand venue marketing in today’s ever-involving digital world of snaps, stories, fluctuating industry relationships and new commission structures? Step 1: Understand your Venue Marketing Discoverability Influence. Times, they be a changin’. And really, who doesn’t like thinking about pie?
The current portfolio comprises 546 rooms, and plans are in place to grow the pipeline with expansion projects and further acquisitions in prime European destinations over the coming years. We believe such assets offer both resilience to market volatility and further growth potential.
Certares , a global investment firm focused exclusively on the travel and hospitality industries, has completed the final closing of its first realestate hospitality fund, Certares RealEstate Holdings I LP, with $284 million of equity commitments. The fund has generated a net IRR of 35% and a 1.4x
Realestate development company LVXP has plans to deliver a new experiential mixed-use development on the Las Vegas Strip that will be anchored by a technologically advanced entertainment and sports arena. The project will be located on the 27-acre site at 2601 South Las Vegas Blvd. and include several ultra-luxury hotels.
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