Hospitality Net

FEBRUARY 26, 2024

To expand its portfolio and capital partner alliances, Meyer Jabara Hotels welcomes Ian McAuley as Chief Investment Officer. In this newly created position, McAuley will source acquisition opportunities, equity investors, debt financing, and third-party management contracts.

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eHotelier

APRIL 30, 2023

Leading hotel group Choice Hotels Asia-Pac has appointed Trent Conroy to the position of Director, Investment & Portfolio Growth.

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eHotelier

JULY 30, 2023

Accor Pacific, the largest hotel operator in Australia and New Zealand, is delighted to announce that its partners have invested more than $300 million in hotel renovations and refurbishments since the beginning of 2022.

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Hotel Owner

JANUARY 8, 2024

Around £2bn of UK hotel transactions were recorded in 2023, according to new data from Knight Frank, though investment levels hit their lowest level since 2012. Total annual investment volume fell for the third consecutive year, down by 37% on the previous year and some 57% lower than the 10-year average.

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Accounting Pricing Marketing 98

Hotel Business

APRIL 16, 2024

Direct capital provider Access Point Financial (APF) has closed a $90-million investment in Citibank’s recent $631.5 million CMBS SASB hotel portfolio refinance (HTL 2024-T53). ” The portfolio comprises 53 limited- and select-service hotels, including 33 Marriott-branded and 20 Hilton-branded properties.

Marketing 59

Marketing 59

eHotelier

JUNE 13, 2023

Continuing its commitment to delivering the highest F&B experiences across all its properties, Pro-invest Hotels is excited to announce the appointment of Jean-Baptiste Robert to the role of Regional Director Food & Beverage.

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Boutique Hotel News

JUNE 19, 2023

India: Renowned Bollywood actress Bhumi Pednekar has invested in Chrome Asia Hospitality Group’s first foray into the luxury hospitality sector, with the group’s first boutique hotel in Goa under the Kaia brand. In Mumbai, the group now co-owns eight restaurants and consults with 12 more sites, while it launched its Shy!

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Lodging Magazine

FEBRUARY 27, 2024

DANBURY, Connecticut—To expand its portfolio and capital partner alliances, Meyer Jabara Hotels welcomed Ian McAuley as chief investment officer. He has 30 years of experience in publicly traded and privately held real estate, as well as in hotel development, operations, and ownership.

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Magazine 69

Lodging Magazine

MARCH 22, 2024

At the 2024 Hunter Hotel Investment Conference, the overall sentiment about hotel deals was that while rates and expenses are higher, deal activity is still occurring in the space. Many also expect the second half of the year to perform better than the first.

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Marketing Magazine Events 64

Hotel Owner

OCTOBER 30, 2023

Strategic Premises Fund investment to finance the completion of the 146-bed Ty Newport Hotel, just off the M4 corridor. As well as the 146 beds, the hotel will include a full-service restaurant, bar area, business meeting room facilities and electric vehicle charge points.

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Training Hospitality Management Events 98

Hospitality Net

APRIL 15, 2024

As we navigate the ever-changing landscape of the hospitality real estate market, our team at CBRE Hotels remains committed to providing you with the insights and guidance you need to make informed decisions.

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Marketing Information 72

Lodging Magazine

OCTOBER 25, 2022

ORLANDO, Florida—Banyan Investment Group (BIG) announced the acquisition of the 213-room Castle Hotel, Autograph Collection by Marriott, in Orlando, Florida, for an undisclosed price. The hotel recently received an $8.2 million investment to improve guestrooms, public space, and the building exterior.

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Pricing Magazine 121

Hospitality Net

AUGUST 24, 2023

The shifting landscape of boutique hotel investments has sparked discussions about the challenges and opportunities that lie ahead. Amidst these conversations, BLLA’s industry experts have expressed optimism and resilience, showcasing the adaptability and creativity that define the boutique hotel sector.

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Hotel Owner

DECEMBER 5, 2023

Global hotel management company, Valor Hospitality, is overseeing the execution of a £16.4m investment in a property improvement programme, renovating 1,331 rooms across six Hilton properties.  Work on the other four hotels in the programme will commence in January.

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Hotel Business

MAY 11, 2023

The Boutique Lifestyle Leaders Association (BLLA) is returning to the live stage with the 11th-annual Boutique Hotel Investment Conference on June 7-8. The post Boutique Hotel Investment Conference returns next month appeared first on hotelbusiness.com.

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Communication Events Pricing Marketing 89

Hotel Management Network

MARCH 25, 2024

RTS Investments Group has entered a new agreement with Marriott International to rebrand and operate its Business Bay Hotel in Dubai. The post RTS Investments Group to rebrand Business Bay Hotel in Dubai appeared first on Hotel Management Network.

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Hospitality Net

FEBRUARY 8, 2024

The Hunter Hotel Investment Conference (“HUNTER” or “Hunter Conference”) is pleased to present Bob Hunter, Founder of Hunter Hotel Advisors and Hunter Conference, with the 2024 Hunter Conference Award for Excellence and Inspiration.

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Presentation 95

eHotelier

JANUARY 17, 2023

Signalling the start of a strong year ahead, Pro-invest Hotels is pleased to announce the appointment of Emily Foster to the position of Head of Commercial and Caleb Morris as Director of Hotel Openings and Revenue Strategy.

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Hotel Owner

NOVEMBER 29, 2023

Nuthurst Grange Country House Hotel is set to triple its guest capacity thanks to a £700k investment from Lloyds Bank. The hotel currently has 22 rooms and is set to build 46 additional guest rooms, a room for bridal parties to use ahead of nuptials, and eight log cabins with private hot tubs.

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Hotel Owner

FEBRUARY 28, 2023

Hotel operator Splendid Hospitality has invested in a “substantial” 100-year lease extension of its hotel in Bloomsbury from The Bedford Estates for £22m. The deal will allow Splendid Hospitality to deliver a “significant” capital investment into a landmark hotel building and enhance its hotel offering in Central London.

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Marketing 105

eHotelier

JUNE 26, 2023

Spring Cleaning: Why Hotels Are Investing in New PMS Systems in 2023 - Suppliers - Insights

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Hotel Owner

MARCH 15, 2024

The Salthouse Hotel has announced a £3.5m investment in a new phase of luxury sea view suites to be completed in Spring 2025. The luxury sea view suites and eco-farmhouse mark the latest in a series of strategic investments by the hospitality venue since its initial £5m commitment in 2019 during its grand opening.

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Scheduling 52

Hotel Owner

JANUARY 9, 2023

Some £3bn of hotel transactions took place in 2022, with the total annual investment volume around 30% below the five-year average, according to Knight Frank, . As momentum from Q4 2021 continued into 2022, UK hotel investment saw a “robust” first half of the year, accounting for 68% (£2.1bn) of total annual investment. .

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Accounting Marketing 102

Hospitality Net

FEBRUARY 14, 2024

Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it along with Hempel Real Estate and Robinson Park Investments have reached an agreement to jointly acquire the Loews Minneapolis Hotel.

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Lodging Magazine

DECEMBER 13, 2022

The post The High-Tech Hotel: Three Tech Investments Hotels Should Consider appeared first on LODGING Magazine. But, this doesn’t mean we’re back to business as usual. If the past few years have taught us anything, it’s that the future of hospitality […].

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Magazine 120

Hospitality Net

JULY 12, 2023

Hotel transaction volumes totalled approximately £860 million for the first six months of 2023, some 60% below investment volumes for H1-2022, demonstrating the gulf between hotel trading performance and transactional activity has never been wider, according to the latest research from leading property adviser Knight Frank.

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Hotelogix

APRIL 25, 2023

The post The state of IT investment in hotels: What to expect and what needs to be done appeared first on Hotelogix.

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Hospitality Net

OCTOBER 26, 2023

Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix.

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Hospitality Net

FEBRUARY 21, 2024

The Hunter Hotel Investment Conference (“HUNTER”) is thrilled to highlight the past and future icons of our industry with a session devoted to legacy as the event celebrates its 35th anniversary this coming March.

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Events 66

Hotel Owner

DECEMBER 13, 2023

Wroxall Abbey Hotel in Warwick has announced the launch of new luxury outdoor hot tubs. Guests at the Victorian four-star hotel can now book one of four private and secluded cabins, overlooking some of the estate’s 27 acres of grounds.

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Book 98

Hotel Owner

MAY 15, 2023

The new Ebrington Hotel in Derry is set to open at the end of June, following a £16.5m investment by Ebrington Leisure Holdings. Last month the hotel announced that one of Ireland’s finest chefs, Noel Mc Meel, has joined the Ebrington in advance of its opening in June.

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Hospitality Net

MARCH 13, 2024

With relationship building always top of mind, Aptech will be exhibiting at the 35th Annual Hunter Hotel Investment Conference to display its integrated enterprise accounting, business intelligence, and budgeting/forecasting software for hotels.

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Budgeting Accounting Events 73

Lodging Magazine

FEBRUARY 15, 2023

HOT SPRINGS, Arkansas—Denver-based 5 Senses Hospitality announced its investment in The Waters Hotel, Tapestry Collection by Hilton. We are very fortunate to have made a meaningful investment in this award-winning property.” 5 Senses Hospitality has been managing the property since early 2022.

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Magazine 111

Hotel Owner

JULY 12, 2023

There has been a “noticeable shift” in buyer profiles for UK hotel investment in the first half of the year, with specialist hotel-focused investors, HNWIs and family-offices accounting for 70% of transactions, according to new research from Knight Frank. Much of this investment originated from Europe, Middle East and Asia.

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Accounting Pricing Budgeting Marketing 99

Lodging Magazine

NOVEMBER 14, 2022

ROCKVILLE, Maryland—During the third quarter, Choice Hotels International, Inc. signed an agreement with Noble Investment Group (Noble) to develop nine WoodSpring Suites hotels in Georgia and South Carolina over the next two years.

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Magazine 111

Hospitality Net

MARCH 11, 2024

JLL (NYSE: JLL) has regained its ranking as the leading hotel investment advisory firm globally for 2023, as based on total investment volumes in the asset class. billion in transactions, representing a global market share of 25% of all hotel investment deals.

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Marketing 45

Hospitality Net

APRIL 11, 2023

A recent Globe Street article chronicles observations from industry professionals that hotels are now a ‘hot’ asset class and a good long-term investment due to a ‘compelling growth story’.1 1 This is excellent news for CBRE hotel clients who own or invest in hotel property if near-term economic problems do not become long-term ones.

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