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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

Global real estate 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.

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Travel + Leisure CEO’s Plan: More Upscale, New Markets and Sports Tourism

Skift Blog

Skift Take: Timeshares are basically a real estate product wrapped in a financial product wrapped in a vacation. And Travel + Leisure Co. CEO believes the model has several distinctive advantages over other travel businesses. Sean O'Neill Read the Complete Story On Skift

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Peachtree Group Names Brent LeBlanc EVP, Business Development

Lodging

His responsibilities will include focusing on cross-marketing strategies, fostering business development, and collaborating with the investment teams to capture new opportunities.

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Marriott International to acquire CitizenM for US$355 million

Hotel Management

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 real estate and operate all our hotels.

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Melbourne investor purchases The Adelphi Hotel in $19 million deal

Hotel Management

The property was sold via administrators BRI Ferrier on behalf of Bond Finance after being placed on the market by previous owner, Virtical. Continuing to expand into the Victorian market aligns with our strategic goals to further strengthen 1834’s presence and brand across Australia. “We

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Berkadia Negotiates Sale of Hampton Inn Tampa East (Casino Area)

Lodging

The Tampa East submarket and greater Tampa market remain extremely liquid and are generating significant investor interest, said Sahlsten. Associate Director Kyle Sahlsten of Berkadia Hotels & Hospitality led the transaction on behalf of the seller, Tampa-based Liberty Group.

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Trilogy Hotels expands to Northern Territory under three-property deal with DCOH

Hotel Management

DCOH, formerly the Halikos Group, is a family-run business and one of the region’s largest privately-owned construction, real estate and hospitality providers. The deal sees Trilogy take over management of 417 rooms across three city centre hotels – Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.