Sat.Feb 10, 2024 - Fri.Feb 16, 2024

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Ashford Hospitality Trust Sells The Residence Inn Salt Lake City

Hospitality Net

Ashford Hospitality Trust, Inc. capitalization rate on 2023 net operating income, or 18.2x capitalization rate on 2023 net operating income, or 14.0x The sale is expected to be completed in early March and is subject to normal closing conditions. 2023 Hotel EBITDA. 2023 Hotel EBITDA.

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Deka Immobilien acquires London’s Ruby Zoe hotel for €62m

Hotel Owner

It is leased long-term to Ruby Hospitality UK Ltd, a subsidiary of the rapidly expanding Ruby GmbH hotel group based in Munich. The fund has built up a tactical liquidity ratio of over 35% via continuous net cash inflows. The Ruby Zoe is the second Ruby hotel in London.

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Bob W completes €40m Series B funding round

Serviced Apartments

Finland: Helsinki-based, tech-powered hospitality operator Bob W has announced the completion of a €40 million Series B funding round. This funding enables us to further develop our technology, recruit top talent, and reinforce Bob W as Europe’s most loved hospitality brand,” he added. The company also offsets emissions of each stay.

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The Mille Club: Thinking of the Hidden Costs for High Rates

Larry Mogelonsky

Can you measure its direct effect on net contribution? While the two of us are tremendous fans of helping a hotel evolve into a more data-driven organization, there is nevertheless an art to creating a successful hospitality operation. What’s it cost?

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How to do Unhinged Marketing the Right (and the Wrong) Way

Social Hospitality

Author Bio: Kaylani Mills is a seasoned influencer marketing expert and digital content creator at Net Influencer. The post How to do Unhinged Marketing the Right (and the Wrong) Way appeared first on Social Hospitality. Seek advice from pros and dive into ethical marketing to make a positive impact.

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ibis ?stanbul ?i?li Welcomes Guests at a Prime Location

Hospitality Net

Offering an accessible, high quality and comfortable accommodation experience in more than 1260 locations around the world, ibis launches the first "Charlie’s Corner" restaurant concept in Türkiye with ’ibis İstanbul Şişli’.

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Select Registry Adds 22 Lodging Properties To Its Portfolio

Hospitality Net

Since 1972, Select Registry has curated a portfolio of quality-assured and handpicked properties representing the gold standard in craft hospitality. 22 properties were welcomed into membership in 2023. These 22 new members represent independent properties across the U.S. from 14 different states and one new member in Canada.

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