Hotel Management

JULY 25, 2023

The global hospitality giant has been concentrating on fostering relationships with New Zealand owned and operated brands to gain local insights into the region. BWH has a strong pipeline of future lifestyle, luxury and extended stay offerings to bring to Australia and New Zealand.

Real Estate 130

Real Estate Branding Pipeline Occupancy 130

Hotel Business

MARCH 7, 2024

Garfield Public/Private , a national public/private commercial real estate developer, has appointed Laura Galbreath as SVP, development. With many developments in process—including several recently awarded projects and others in the pipeline—it’s the perfect time to bring Laura on board.”

Real Estate 59

Real Estate Scale Pipeline Operations 59

Hotel Business

MARCH 14, 2024

Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide; enter into franchise agreements for all existing and signed pipeline Graduate Hotels; and become responsible for the brand’s future development and growth. With Hilton’s extensive network behind us, guests can anticipate even more exciting opportunities.

Real Estate 105

Real Estate Pipeline Branding Hotels 105

Hotel Management

JULY 20, 2023

“It’s the perfect choice for partners seeking a distinctive identity for their hotel, while benefiting from our global scale, systems, and expertise as the second largest Luxury and Lifestyle hotel operator in the world.”

Real Estate 130

Real Estate Retail Scale Resorts 130

Boutique Hotel News

DECEMBER 6, 2022

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. Beaumier, owned by KSL Capital , consists of 12 lifestyle hotels located in France, Switzerland and Spain.

Real Estate 59

Real Estate Pipeline Management Market 59

Hotel Business

FEBRUARY 8, 2024

International hospitality real estate group PPHE Hotel Group has appointed Greg Hegarty as co-CEO. During this time, he has held overall responsibility for creating and implementing PPHE’s operational strategies, including operations, people & culture and commercial.

Real Estate 64

Real Estate Pipeline Hotels Operations 64

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

Hotel Business

MARCH 18, 2024

The hotel was developed by Radnor Property Group , a real estate development company with a history of higher education public-private partnership (P3) projects in the northeast, and Harrison Street , an investment management firm exclusively focused on alternative real assets. Olympia Hospitality operates the hotel.

Hospitality 105

Hospitality Real Estate Construction Hotels 105

Hotel Business

AUGUST 31, 2023

Both hotels are projected to open in mid-late 2024 and join an expanding pipeline that will bring 35 additional properties and more than 3,500 rooms to the U.S. IHG Hotels & Resorts (IHG) recently broke ground on two new Atwell Suites properties in Henderson, NV, and Fort Worth, TX. in the coming years.

Casinos 59

Casinos Pipeline Real Estate Hotels 59

Hotel Business

MARCH 11, 2024

OTO Development , part of The Johnson Group, developed the hotel in partnership with Simon , a real estate investment group. The four-story hotel comprises 118 guestrooms; a fitness center; 1,500 sq. of flexible meeting space, including a private boardroom; an AC Lounge; and an outdoor patio, pool and game space.

Real Estate 64

Real Estate Retail Hotels Operations 64

Boutique Hotel News

JANUARY 20, 2023

US: Investment firm Cambridge Lansdowne has retained operator Aimbridge Hospitality for the recently acquired White House Inn Napa Valley. Future renovations of the interior and exterior of the property are in the pipeline. Aimbridge Hospitality will continue to manage the hotel through its evolution lifestyle operating division.

Management 52

Management Real Estate Pipeline Hotels 52

Hotel Business

MAY 9, 2024

The George represents milestones for both The Indigo Road and the city of Georgetown—it is the first hotel to open and operate on the city’s historic Front St. The hotel was developed by Winyah Properties and is operated by The Indigo Road. The city’s Front St. faces Winyah Bay, bringing a coastal charm to its downtown district.

Real Estate 59

Real Estate Hotels Hospitality Tourism 59

Hotel Business

APRIL 10, 2023

Key International , a real estate 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.

Real Estate 111

Real Estate Scale Dining Operations 111

Hotel Business

MAY 30, 2023

IHG will collaborate on the new property with owner and developer ASI Diaz Doral Hotel Investment Group LLC (an affiliate of Miami-based residential and commercial real estate company ASI Global), architect Tony Rodriguez-Tellaheche and interior designer Kathy Kesler. The brand plans for upcoming openings in the U.S.

Pipeline 64

Pipeline Real Estate Hotels Travel 64

Hotel Business

AUGUST 14, 2023

“Their unique combination of skills and deep expertise in their respective markets, along with successful runs in franchise, brand and real estate development are invaluable assets that will help fuel Aimbridge’s continued growth on a global scale.” for the Real Estate Group. Latin America and the Caribbean.

Real Estate 52

Real Estate Scale Branding Sales 52

Hotel Business

MARCH 27, 2024

Ben’s strategic vision and dedication to excellence will continue to position Hospitality America as an industry leader among third-party operators.” He then held multiple GM positions until he was promoted to regional director of operations and then COO. People feel optimistic,” he said.

Hospitality 64

Hospitality Real Estate Revenue Management Scale 64

Hotel Business

AUGUST 3, 2023

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%

Real Estate 52

Real Estate Pipeline Occupancy Revenue 52

Hotel Business

NOVEMBER 2, 2023

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.

Real Estate 59

Real Estate Pipeline Intent Closing 59

Hotel Business

JANUARY 27, 2023

Spark GHC , a private real estate joint venture focused on hospitality assets in the U.S. Spark GHC is a joint venture between Spark Hotels , a developer, acquirer and operator of Ohio-based hospitality assets, and Green Harvest Capital , an asset manager of Northeast Ohio-based multifamily assets.

Real Estate 59

Real Estate Pipeline Hospitality Management 59

Hotelier Magazine

JANUARY 23, 2024

Franchised hotels, which are generally owner operated, are typically more agile and responsive to this kind of change than managed hotels, which tend to be larger full-service or luxury properties, says Duff. The efficiency you can achieve by taking control of the operating model has become paramount in the current environment,” she says. “The

Real Estate 59

Real Estate Branding Hotels Operations 59

Hotel Business

FEBRUARY 27, 2024

As only the third CEO in Aimbridge’s history, Smith is expected to leverage decades of deep operational experience and proven leadership with Marriott International to solidify Aimbridge’s position as the frontrunner in comprehensive, performance-backed hotel operations, the company reports. and broaden the company’s global footprint.

Real Estate 59

Real Estate Scale Operations Hospitality 59

Hotelier Magazine

JANUARY 24, 2024

Established in 2005, the brand currently operates nine pet-friendly hotels across Canada, including locations in Kelowna and Prince George in B.C., the Calgary Airport and Edmonton-West in Alberta, downtown Montreal, Ottawa-West, Mississauga and Brampton in Ontario and Moncton in New Brunswick.

Target Marketing 59

Target Marketing Real Estate Branding Market 59

Hotel Business

FEBRUARY 16, 2023

We continue to experience positive momentum in the markets in which we operate and are optimistic about the year ahead.” Comparable owned and leased hotels operating margin improved to 27.9% Operational Update Comparable systemwide RevPAR increased 2.4% Comparable owned and leased hotels RevPAR increased 41.7%

Pipeline 52

Pipeline Real Estate Revenue Operations 52

Hotel Speak

FEBRUARY 3, 2024

A wholly owned business unit of CapitaLand Investment Limited, Ascott is a leading vertically-integrated lodging operator. Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics and data centres.

Real Estate 91

Real Estate Scale Accommodation Branding 91

Boutique Hotel News

JANUARY 11, 2023

Surges in energy costs, increased payroll and operational costs, a hike in interest rates which led to a rise in the cost of debt, all contributed to a lull in activity with many deals falling away. The post 2022 records £3bn in UK hotel transactions appeared first on Boutique Hotel News.

Real Estate 52

Real Estate Hotels Pipeline Operations 52

Hotel Business

MAY 4, 2023

“We raised our full-year RevPAR outlook while maintaining our record level pipeline and industry-leading net rooms growth. Comparable owned and leased hotels operating margin improved to 25.9% Pipeline of executed management or franchise contracts was approximately 117,000 rooms. Hoplamazian, president/CEO, Hyatt.

Real Estate 59

Real Estate Pipeline Management Travel 59

Hotel Business

DECEMBER 22, 2023

PEG Companies (PEG), a vertically integrated commercial real estate investment company, and Dallas-based A.G. The Luhrs Building stands in a Qualified Opportunity Zone [QOZ], which underscores PEG’s values of reimagining communities,” said Joe Madera, regional director, operations, PEG Hospitality Group. “As

Real Estate 64

Real Estate Hospitality Management Hospitality Management 64

Hotel Business

MARCH 28, 2023

. “Adam has a reputation as a straight shooter with great technical knowledge of the EB-5 program and brings immediate credibility to our program as we secure capital for our commercial real estate investments.” billion in hotel construction and redevelopment with a significant pipeline of projects under construction.

Real Estate 97

Real Estate Construction Scale Pipeline 97

Hotel Business

MARCH 2, 2023

OTO Development , part of The Johnson Group , has purchased and will operate the newly opened AC Hotel by Marriott St. Petersburg, a mixed-use project developed by Greystar Real Estate Partners and Concord Hospitality that also comprises a 36-story luxury apartment tower and 5,500 sq. Petersburg Downtown. of retail space.

Real Estate 52

Real Estate Retail Hotels Hospitality 52

Hotel Business

SEPTEMBER 19, 2023

Braintree Group, a privately held, vertically integrated, national real estate development and investment firm, has opened the River’s Edge Hotel, a Tapestry by Hilton. The addition of Resolute Road as the asset’s management will allow us to achieve operational efficiencies and increase the return to our investors.”

Real Estate 59

Real Estate Hotels Hospitality Management 59

Hotel Designs

JANUARY 10, 2024

Image credit: Meliá Hotels International The rehabilitation project of the building was managed by Generali Real Estate and MHI with the support of Studio Marco Piva, who handled the design and the artistic direction of the external facades and of all portions subject to monumental restrictions, the interior architecture and courtyard.

Real Estate 52

Real Estate Dining Retail Branding 52

Hotel Designs

FEBRUARY 9, 2024

Image credit: IHG IHG has also signed another Hotel Indigo property in Gloucester – adding to its 18 operational Hotel Indigo properties – as well as strengthening its established Holiday Inn brand family with three new properties in Wrexham, Reading and Bournemouth.

Branding 104

Branding Real Estate Business Market 104

Hotel Business

OCTOBER 23, 2023

TMGOC Ventures (TMGOC), a real estate and development private equity firm headquartered in Charleston, SC, and Boca Raton, FL, has received approval from the Savannah Historic District Board of Review to bring the first Ritz-Carlton to the Georgia city. spa and wellness facility; and more than 5,000 sq. of meeting space.

Real Estate 72

Real Estate Construction Operations Services 72

Hotel Business

JULY 5, 2023

Real estate developer and environmental steward Urban Villages has revealed that Populus, the first carbon-positive hotel in the U.S., The company defines this as a commitment to sequester more carbon in biomass and soil than the combined embodied and operational footprints of the building across its entire life cycle.

Real Estate 59

Real Estate Construction Hotels Operations 59

Hotel Business

DECEMBER 6, 2022

LRE & Companies , a real estate development, asset manager, construction and hotel management company, and American Hospitality Services Inc. ,

Real Estate 59

Real Estate Retail Services Hotels 59

Hotel Designs

MARCH 20, 2023

The agreement with one of the world’s leading hospitality operators brings the Rua Al Madinah project a step closer to realising its ambitions to further enrich Madinah city’s Hajj and Umrah services,” commented Eng. Ahmed Al Juhani, CEO of Rua Al Madinah Holding Company. million square meters, including 47,000 new rooms by 2030.

Dining 97

Dining Real Estate Hotels Tourism 97

Hotel Business

DECEMBER 13, 2022

Having already doubled in locations since 2018, citizenM continues to seek new developments in key and gateway cities across North America and Europe, with the aim to have 40 operational hotels by 2024. citizenM Miami Worldcenter—opening Q1 2023. It is being developed by citizenM. citizenM Austin Downtown—opening Q3 2023.

Real Estate 59

Real Estate Hotels Construction Retail 59