Why there could be even more amazing hotel deals
JLL said hotel transactions valued at over $200 million have reached an eight-year high, with plenty of potential for more in the second half of the year. NATIONAL REPORT —…
JLL said hotel transactions valued at over $200 million have reached an eight-year high, with plenty of potential for more in the second half of the year. NATIONAL REPORT —…
Memorable quotes from this week’s stories, including the bold statement from Kempinski Hotels’ new CEO, Barbara Muckermann, on the future of the luxury brand. Quote of the week“Get ready because…
At a HICAP ANZ panel in Sydney, hotel managers discuss financing, insolvency issues and recent tax changes in the Australian hotel and restaurant industry. SYDNEY — Construction risk was a…
The Singapore-based adventure travel brand takes over a failed brand with 100 hybrid hotels/hostels. LONDON – Singapore-based Collective Hospitality has confirmed it will acquire a majority stake in Nasdaq-delisted Selina…
Latest news on deals, developments, data and more. Collective Hospitality acquires assets from Selina? Singapore-based Collective Hospitality has reportedly acquired Selina Hospitality, which filed for bankruptcy earlier this month, Globes…
Despite the franchise fees, Mountain Shore Properties plans to continue developing with Hyatt and sees the low interest rate environment as a catalyst for further deals and developments. Stephen Wendell,…
Latest news on deals, developments, data and more. Six Senses opens resort in Telluride. IHG Hotels & Resorts is opening a Six Senses resort in Telluride, Colorado in 2028. Six…
Travel Weekly asked about the recovery on Maui, the broader Hawaii market and Outrigger’s outlook in the Asia Pacific region. Outrigger Resorts & Hotels has steadily expanded its presence in…
Latest news on deals, developments, data and more. PRM Hotel Group buys in Florida. Ormond Beach, Florida-based PRM Hotel Group has acquired the new construction of La Playa Hotel in…
Through the acquisition, CDC Houston becomes the majority owner of all three restaurant properties in the massive development in north Houston. HOUSTON — CDC Houston, a subsidiary of New York…