Hotel Business

SEPTEMBER 11, 2024

Driftwood Capital has revealed the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio LP, focusing on the acquisition and development of existing and soon-to-break-ground hotel assets along Florida’s Space Coast. Rodriguez Sr., chairman/CEO, Driftwood Capital.

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Hotel Business

SEPTEMBER 25, 2024

BridgeInvest has closed on a $24.5 The post BridgeInvest closes $24.5M million loan to support the acquisition and renovation of two Marriott properties in Ocala, FL. The properties include a 169-key Courtyard by Marriott and an 87-key Residence Inn by Marriott. million and plans to renovate both properties.

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Skift Blog

SEPTEMBER 21, 2023

Skift Take: Few of these features seem to have been designed with travel front-of-mind, except for the corporate booking tool — that's getting close to what travelers are asking for. Justin Dawes Read the Complete Story On Skift

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Hotel Business

JANUARY 29, 2024

KSL Capital Partners LLC has closed a single-asset continuation vehicle for Alterra Mountain Company , with total commitments of more than $3 billion, including the commitments of the general partner and rollover investors. The post KSL closes $3B+ continuation vehicle for Alterra appeared first on hotelbusiness.com.

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Hotel Business

SEPTEMBER 30, 2024

Peachtree Group has appointed Brent LeBlanc as EVP, business development. LeBlanc’s responsibilities will include focusing on cross-marketing strategies, fostering business development and collaborating closely with the investment teams to drive innovation and capture new opportunities, according to the company. .

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Hotel Business

OCTOBER 21, 2024

During this period of market uncertainty, we successfully connected multiple buyers with their respective lenders to fulfill the portfolio closing requirements for the seller, with minimal contingencies and securing non-refundable earnest money,” said Ebrahim Valliani, first VP investments in Marcus & Millichap’s Chicago Oak Brook office.

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Anthony Cole Training

APRIL 22, 2021

In business, especially in sales; delays, misunderstandings, and communication can go awry. Sometimes, even with the influx of technology and communication tools, it is easy to misinterpret what a prospect, or salesperson, says. So, how do we make these communication lines more efficient?

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Hotel Business

FEBRUARY 6, 2024

Commercial real estate investment firm Peachtree Group has closed its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn Jackson in Jackson, TN. ” The post Peachtree Group closes third Delaware Statutory Trust appeared first on hotelbusiness.com.

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Hotel Management

JULY 25, 2024

The business travel industry has proven itself resilient as it leaves the global pandemic behind and moves into a new era of post-pandemic stabilisation, according to the 2024 GBTA Business Travel Index Outlook released at this week’s (Jul 22-23) Global Business Travel Association Convention in Atlanta.

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Hospitality Tech

NOVEMBER 29, 2023

Kitchen United has closed the seven Kitchen United Mix locations inside Kroger grocery stores as the company pivots to focus on its software business.

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Hotel Business

OCTOBER 30, 2024

Access Point Financial (APF) has closed on a $133.1-million The post APF closes on $133M investment in Goldman Sachs portfolio refi appeared first on hotelbusiness.com. million investment in Goldman Sachs ‘ recent $985-million hotel portfolio refinance. ” The portfolio comprises 24 properties across the U.S.,

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Hospitality Net

NOVEMBER 18, 2024

In today’s rapidly evolving business environment, where digital interactions dominate, the intrinsic value of face-to-face meetings cannot be understated. Business and the meetings & events sector is all about one thing: people.

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Hospitality Net

SEPTEMBER 20, 2022

SkyStem LLC, a leading provider of automated month-end close and account reconciliation software is excited to announce the release of a new ebook, Book of Secrets for the Month-End Close. It’s no secret businesses struggle to meet their goals surro.

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Hotel Business

JULY 10, 2024

Smith Hill Capital , the commercial real estate debt investment management business of the Procaccianti Companies , and Bain Capital Special Situations have originated and executed a $72-million first mortgage loan to KSL Capital Partners to refinance Hotel Viking in Newport, RI. of indoor and outdoor event space.

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Hotel Business

JUNE 7, 2024

TMGOC Ventures and Willow Street Capital (WSC) have closed on the land site and construction financing for a new Extended Stay America Premier Suites hotel in Jacksonville, FL. The 124-key property will be codeveloped with WSC on a two-acre site close to the Jacksonville International Airport.

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Anthony Cole Training

MARCH 7, 2019

There are many instances throughout the sales process where trial closes are appropriate to identify the prospects true compelling reason to make a change. Great salespeople are masterful at asking open-ended, courageous questions of their prospects that either lead them towards, or away, from saying "yes" to their solution.

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Hospitality Net

OCTOBER 8, 2024

Hilton Riyadh Olaya, situated in the heart of the capital’s cultural and business district on King Fahd Road, officially opens its doors in Saudi Arabia. Offering towering views over Riyadh, the hotel blends premium hospitality with design and is in close proximity to key business hubs within the city.

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Hospitality Net

MAY 3, 2023

It’s a topic I brought to the HSMAI Sales Advisory Board to see how sales leaders are utilizing it in their business practices. In the world of hospitality sales, ChatGPT and other artificial intelligence (AI) technologies have gained attention lately for their potential to streamline processes.

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Hotel Management

NOVEMBER 14, 2023

Business travel is making a return to regional locations across Australia according to new analysis of 2023 business travel bookings, with a 29% year on year increase recorded over the period of January to September 2023. The route with the largest growth, at 69%, is Brisbane-Mackay, followed closely by Mackay-Brisbane, at 64%.

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Hospitality Net

APRIL 1, 2024

Standing out and driving more business for your hotel requires more than just exceptional service and amenities; it necessitates leveraging the right hotel technology to enhance visibility, attract more customers, and close more deals.

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Hospitality Net

JUNE 21, 2024

The transaction is expected to close in the final quarter of 2024. Covivio announces that it has signed a memorandum of understanding with AccorInvest to consolidate the ownership of jointly owned hotel operating and property companies, in accordance with the terms defined at the start of exclusive negotiations in November 2023.

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Hotel Business

MARCH 8, 2024

The property will feature 137 extended-stay guestrooms, as well as a lobby pool bar, meeting space, a complimentary breakfast area, an elevated outdoor pool with ocean views, a business center, a fitness center, guest self-laundry and a sundry shop. The hotel is expected to open in the fourth quarter of 2025.

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Hotel Management

FEBRUARY 22, 2024

Cameron, you joined The Peninsula Beijing in September 2022, when China’s borders were closed to the world. Before the pandemic, the hotel was predominantly international business – a 60/40 split – and of course it was 100% domestic during that time. We’ve seen the domestic part of the business balanced out with international.

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Anthony Iannarino

FEBRUARY 20, 2020

I wrote a book on how to close complex B2B sales titled The Lost Art of Closing: Winning the 10 Commitments That Drive Sales. Opening is the new closing, which is to say, you will never close a deal you don’t first open. The Lost Art of Closing shows you how to proactively lead your customer and close your sales.

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Hotel News Resource

NOVEMBER 13, 2024

Article - Accor's Research Reveals In-Person Meetings Could Boost Business Revenues by 36% - A recent study by Accor suggests that in-person meetings could increase companies' revenue by 36% and close 37% more deals.

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Hospitality Net

JANUARY 10, 2024

Coming in a close second was San Francisco, where event volume increased 21.5 Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, released the top market performance numbers for December, citing San Diego as having the highest meeting volume improvement with 29.2

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Hospitality Net

SEPTEMBER 6, 2024

The property is conveniently located 1km from the airport and close to the city’s business district.

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Hotel Business

SEPTEMBER 18, 2023

CIM Group , a community-focused real estate and infrastructure owner, operator, lender and developer, revealed that its CIM Real Estate Debt Solutions business closed on behalf of a CIM-managed fund a $34.97-million The post CIM closes $63.87M in loans for two Florida properties appeared first on hotelbusiness.com.

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Hospitality Net

NOVEMBER 4, 2024

Situated just a short distance from Via Gregorio VII and close to the Vatican City, the hotel offers a convenient location for both business and leisure travellers exploring Rome’s many landmarks.

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Anthony Cole Training

APRIL 19, 2024

Technology is transforming businesses and disrupting entire industries, including the world of selling, which has traditionally been categorized as primarily a “people business”.

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Anthony Cole Training

JULY 25, 2024

As sales manager, business line leader, or CEO, is your team finding, qualifying and closing as much business as you think they should? Most say "No" when we ask that question, which means that something in your client outreach and sales process has to change. And that change, we believe, starts at the very beginning.

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Anthony Cole Training

MAY 28, 2015

This concept applies to many things in selling, but especially when it comes to meeting, engaging, qualifying and eventually attempting to close a new piece of business. I am convinced of that adage as well as you only get one chance to conduct a great first meeting that improves your ability to close a piece of business.

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Hotel Business

NOVEMBER 15, 2023

MCR Hotels and Island Capital Group (Island) have closed on a $260-million refinancing loan for the 1,780-key Sheraton New York Times Square. The hotel is close to numerous NYC tourist attractions, including Radio City Music Hall, The Museum of Modern Art, Central Park, Rockefeller Center and more. The hotel has 61,800 sq.

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Hotel Business

AUGUST 24, 2023

held its final close for its second hotel- and hospitality-focused fund, Kemmons Wilson Hospitality Partners (KWHP II). and has closed with $213 million from family offices, foundations and individual investors, tripling the commitments in its inaugural offering fund.

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Hotel Business

AUGUST 18, 2023

Arriba Capital recently closed a $52.5 million ground-up construction loan for a Holiday Inn Express and Staybridge Suites dual-brand property in the central business district (CBD) of Houston. The post Arriba Capital closes $52.5M The property is being developed and managed by Houston-based Neway Hospitality.

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Hospitality Net

JUNE 11, 2024

The transaction is scheduled to close in the second quarter of 2024 and is subject to customary closing conditions. Terms were not disclosed.

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