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. Hoxton adds Australia. Ennismore and developer Alfasi Group have signed a deal for The Hoxton in Melbourne, Australia, as part of the…
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…
According to the latest data from Lodging Econometrics, the two countries account for 64% of total hotel construction. INTERNATIONAL STORY – According to the latest data from Lodging Econometrics, the…
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…
Latest news on deals, developments, data and more. The second Echo Suites opens in Texas. Wyndham Hotels & Resorts has opened its second Echo Suites Extended Stay hotel in Plano,…