Remove Occupancy Remove Operations Remove Pipeline Remove Real Estate
article thumbnail

Analysis: what investors want in South East Asia, according to JLL’s APAC chief

Hotel Management

Firstly, the headwinds faced by the commercial real estate industry attracted substantial attention. In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. Trading should recover further, whilst real estate headwinds may ease.

article thumbnail

Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

She started her career in hotel operations, moving into sales and marketing in Austin, US, where she realised working in hospitality and helping people was the path she wanted to follow. She has big plans for sustainability across the company and Native aims to be Net Zero carbon as an operation by 2030. It has a £1.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Exclusive: hotel market expansion to peak in next 12 months, says CBRE

Hotel Management

Following this wave of additions, higher debt cost and construction costs are anticipated to suppress the development pipeline, with activity being largely limited to key strategic sites usually having mixed use appeal. In addition, the new wave of supply is anticipated to play a role in driving rate performance over the next two years.

article thumbnail

Brisbane lures investors as city emerges as ‘favoured hotel development hot spot’, Colliers reports

Hotel Management

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. Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.

article thumbnail

BWH Sets its Sights on Aotearoa New Zealand Development

Hotel Management

Following the success of Maximum Occupancy New Zealand and successful partnerships in the region, BWH Hotels ramps up its focus on emerging growth opportunities in New Zealand. The global hospitality giant has been concentrating on fostering relationships with New Zealand owned and operated brands to gain local insights into the region.

article thumbnail

Hyatt reports 15% RevPAR increase in Q2

Hotel Business

We updated our full-year RevPAR outlook, and we expanded our pipeline to 119,000 rooms, representing approximately 40% of our existing portfolio. Net income in the second quarter of 2022 included $251 million of gains recognized on the sales of real estate. Comparable owned and leased hotels operating margins were 26.2%

article thumbnail

Hyatt records Q3 net income of $68M

Hotel Business

We expect strong fee growth to continue, fueled by our record pipeline of 123,000 rooms and higher levels of conversion opportunities combined with robust demand for travel around the globe. Comparable owned and leased hotels operating margins were 23.5% in the third quarter of 2023. in the third quarter of 2023 compared to 2022.