eHotelier

MAY 15, 2023

Seabourn, the leader in ultra-luxury voyages and expedition travel, has announced that its two purpose-built expedition ships, Seabourn Venture and Seabourn Pursuit, will be equipped with next-generation Wi-Fi connectivity with SpaceX's Starlink, the leader in Low Earth Orbit (LEO) satellite technology.

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Hotel Business

OCTOBER 25, 2023

San Francisco-based JMA Ventures and global hospitality investor Mohari Hospitality have entered into a strategic joint venture to acquire, recapitalize and develop up to $2 billion of luxury hospitality and mixed-use projects throughout North America. and Mohari’s significant experience as an investor across the hospitality sector.

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Marketing 59

Hospitality Net

DECEMBER 5, 2023

Austin, Texas — Hospitality Financial and Technology Professionals (HFTP®) is pleased to announce BAE Ventures as the sponsor of Entrepreneur 20X (E20X) Europe. The successful featuring hospitality technology start-ups will conclude the first day of HFTP’s inaugural Digital Horizons 360 (DH360) symposium on Tuesday, 20 February 2024.

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eHotelier

AUGUST 17, 2023

Dubai-based EssKay Holdings and Peace Home Real Estate business conglomerates jointly venture into UAE’s real estate market and set to launch Empire Developments, the real estate development company. Empire Developments aims to position itself as a ready-to-move-in and affordable residential developer in the wake of rising interest.

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Marketing 130

Lodging Magazine

OCTOBER 26, 2023

BOSTON and NEW YORK—Bain Capital Special Situations and Smith Hill Capital, an affiliate of Procaccianti Companies, announced the formation of a joint venture to originate debt and preferred equity to serve the financing needs of companies and assets in the hospitality sector.

Magazine 69

Magazine 69

Hospitality Net

NOVEMBER 1, 2023

Citi Ventures and FirstMark Capital led the all equity round with participation from new investors New York Life Ventures and Fireside Investments. All major existing investors including RET Ventures, Zigg Capital, and Ribbit Capital participated in the twice upsized and oversubscribed round. Kasa Living, Inc.,

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Lodging Magazine

MARCH 23, 2023

In a joint venture, Dallas, Texas-based NewcrestImage and Phoenix, Arizona-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The transaction was handled by Al Calhoun and Mark Fair at CBRE in Atlanta.

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Magazine 111

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. Look for more on TMGOC Ventures in the November issue of Hotel Business.

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Scheduling Marketing 72

PhocusWire

OCTOBER 9, 2023

Alaska's Airlines Venture Lab is looking to launch its first startup in 2024 and will focus on solutions to address friction in air travel.

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Hospitality Net

MAY 30, 2023

Wyndham Hotels & Resorts, the world’s largest hotel franchising company and leading provider of management services with over 1,600 hotels in approximately 20 markets and territories in Asia Pacific, inked 2 license agreements with investment firm Fulcrum Ventures Asia for the 183-room Ramada by Wyndham Bangkok Sukhumvit 11 and 91-room Ramada by Wyndham (..)

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Marketing 95

Lodging Magazine

OCTOBER 25, 2022

COLUMBUS, Ohio—Whitestone Capital has entered a joint venture with Crawford Hoying, a real estate and development firm. The post Whitestone Capital Enters Joint Venture With Crawford Hoying appeared first on LODGING Magazine. Both firms are based in Columbus, Ohio.

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Magazine 72

Hotel Business

MARCH 19, 2024

The post HB Exclusive: RobertDouglas advises Mirbeau on EPR venture appeared first on hotelbusiness.com. Mirbeau is a great brand backed by impeccable operations and marketing, which we believe has national, category-leading potential.”

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Marketing 59

PhocusWire

AUGUST 8, 2023

With a fund of about $30 million, San Francisco-based Derive Ventures is looking to invest in travel startups at seed and Series A stage.

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Hospitality Net

NOVEMBER 16, 2023

million in an oversubscribed Series A funding round led by Moneta Ventures with participation from Silverton Partners, Koch Real Estate Investments, Alumni Ventures, DJR Advisors, Capital Factory and other strategic partners.

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PhocusWire

JUNE 6, 2023

Iris Tech Ventures, spearheaded by Iris CEO Mark Horne, is targeting travel and hospitality startups across the world who are working on improving the guest experience.

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Lodging Magazine

NOVEMBER 22, 2022

in a joint venture with Värde Partners announced that it has acquired an 80 percent joint venture interest in 89 select-service and extended-stay hotels in a $1.1 The post Flynn Properties and Värde Partners Acquire 80 Percent Joint Venture Interest in 89 Properties appeared first on LODGING Magazine.

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Magazine 98

Hospitality Net

SEPTEMBER 29, 2023

MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that Osaka IR Corporation, a joint venture with ORIX Corporation ("ORIX") established to develop the Osaka IR Project, signed an agreement with Osaka Prefecture and Osaka City to implement the Specified Integrated Resort Facilities Area Development Plan for Yumeshima, (..)

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PhocusWire

MARCH 6, 2023

The size of the investment has not been disclosed, but at launch Roch Ventures said it was targeting roughly 15 companies with its €100 million fund.

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Hospitality Net

NOVEMBER 29, 2023

Craft adult beverage brand builder and investment firm Spiritus Ventures has announced the acquisition of No. 96, an established, award-winning provider of premium ready-made cocktails.

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Industry Insights Lodging Magazine

SEPTEMBER 19, 2023

WASHINGTON—The American Hotel & Lodging Association (AHLA) and the Hotel Association of Canada (HAC) have signed a Letter of Intent to form a joint venture company that will own and operate the Green Key Global certification program in the United States and Canada.

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Magazine Events 57

Hospitality Net

JULY 6, 2023

Global hospitality group The Lux Collective and ZK Venture Company in Zanzibar have signed a hotel management agreement for the first LUX* luxury resort in East Africa.

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Marketing 87

Serviced Apartments

MAY 3, 2023

UAE: Emirati hotel brand Rove Hotels has ventured into branded residential housing and serviced residences by introducing Rove Home. ” The post Rove Hotels ventures into branded residential housing market appeared first on Serviced Apartment News.

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Marketing Housekeeping 52

Hotel Business

SEPTEMBER 25, 2023

The post Web Exclusive: Opwest Partners ventures into extended-stay appeared first on hotelbusiness.com. It’s pretty exciting for us to have that kind of response from a substantial developer like that.” Kent said that he hopes to develop 20 My Place hotels in the next five years.

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Budgeting Presentation 59

Lodging Magazine

DECEMBER 2, 2022

percent interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, will acquire BREIT’s 49.9 percent interest in the joint venture for cash consideration of approximately $1.27 percent interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, will acquire BREIT’s 49.9

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Definition Magazine 59

Boutique Hotel News

NOVEMBER 25, 2022

US: At Mine Hospitality, a Miami-based hotel management company, has raised $6 million from Enduring Ventures. With the $6 million capital funding from Enduring Ventures, At Mine Hospitality plans to acquire and operate Airbnb hotels and expand its portfolio to 1,000 units by 2024.

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Hospitality Management 240

eHotelier

NOVEMBER 7, 2023

Let's take a closer look at a new venture with a culinary-first hotel concept and see what lessons apply for every hotelier looking to evolve their brand.

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eHotelier

APRIL 22, 2024

Centara Hotels & Resorts, Thailand’s leading hotel operator, proudly announces the opening of COSI Vientiane Nam Phu, the affordable lifestyle brand’s first overseas venture.

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Hospitality Net

DECEMBER 13, 2023

As part of the strategic partnership agreement, Laura Meck, CEO of Sonata Venture Solutions will join ProVision as the newest member of its Board of Advisors. In addition to founding her company in 2008, Meck has spent over three decades in the hospitality industry, serving in leadership roles with technology.

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Strategic Planning Marketing Training 40

PhocusWire

OCTOBER 31, 2023

Samara builds small, pre-fabricated houses known as “accessory dwelling units” that property owners can use to create additional living space or as a rental property.

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Hospitality Net

DECEMBER 22, 2023

Uniting once again with owner-partners, Reuben Brothers - following the success of the opening of Hotel La Palma in Capri this summer - Oetker Collection is taking its famed European hospitality to the U.S. for the first time, to open The Vineta Hotel in Palm Beach next autumn.

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PhocusWire

JULY 28, 2022

Following three acquisitions in the past year, Mews has launched Mews Ventures to accelerate M&A activity.

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eHotelier

APRIL 1, 2024

Municipal Grand marks Midnight Auteur’s first official venture in the luxury boutique hotel space. Midnight Auteur, today unveiled a first look at their forthcoming luxury boutique hotel, Municipal Grand, scheduled to open in Savannah’s North Historic District neighborhood in early 2025.

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Scheduling 130

Hospitality Net

APRIL 23, 2024

General Manager, Paul Lee leads this venture, bringing a fresh perspective to the vibrant Myeongdong district for both leisure and business travellers. leads this venture, bringing a fresh perspective to the vibrant Myeongdong district for both leisure and business travellers.

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The Restaurant Times

DECEMBER 17, 2021

We reworked our SOP, did our future benchmarking for five years for our company, and we ventured into new concepts like Cloud Kitchens. So, this is the golden time for the people who want to venture into restaurants and want to expand it because people are looking for brands and not for roadside options.

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Catering Kitchen Operations Marketing 52

Hospitality Net

SEPTEMBER 20, 2022

A joint venture of NewcrestImage and Hospitality Capital Partners (HCP) has reached definitive agreement to acquire 16 Marriott-branded hotels with a total of 2,155 rooms in nine states. The portfolio includes 13 Courtyard and three Residence Inn pr.

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Definition 40

PhocusWire

AUGUST 9, 2023

Luxury travel subscription service Inspirato was launched in 2011 and went public via special purpose acquisition company in early 2022.

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PhocusWire

SEPTEMBER 17, 2023

During a tough year for travel startups, an investor offers insight into multiple routes to fundraising success.

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