Hotel Management

MARCH 30, 2023

Almost a year on from the opening of its first Australian property in Melbourne’s trendy inner-city suburb of Collingwood, and with another under construction in Bondi Junction, the brand is exploring further opportunities for growth – in dynamic metropolitan neighbourhoods. Whatever happens, we’ve gone through that.

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Hotel Management

FEBRUARY 12, 2024

Crystalbrook Collection has invested in excess of $1bn in Australia where we operate close to 2,000 rooms, including those under development. Construction is expected to commence in the third quarter of 2024. We are excited to bring in a world class experience to this part of the Adelaide CBD”.

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Hotel Business

SEPTEMBER 22, 2023

million in C-PACE financing for the construction of an eight-story, 80-room expansion of The Broadway, A DoubleTree by Hilton Hotel in Columbia, MO. The boutique hotel serves as the gateway to downtown Columbia and the North Village Arts District, and is close to three universities and the University of Missouri medical center complex.

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Hotel Management

MAY 2, 2023

The conference presented a deep dive into the world of hotel design and construction, from humble lead-free tap fittings to the ground-up construction of state-of-the-art environmentally efficient buildings. Recent spiralling construction costs and the management of consultants also provoked reactions from our panel.

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Hotel Management

OCTOBER 3, 2023

The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands.

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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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Hotel Business

MAY 3, 2023

million loan to finance the construction of the Cambria Hotel Hillsboro, a four-story, 115-key asset in Hillsboro, OR. Our decades of experience owning, operating and financing hotels gave us great confidence in making this loan, and we look forward to contributing our knowledge to support the project’s success. The 22,000 sq.-ft.

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Construction Real Estate Retail Marketing 59

Hotel Business

FEBRUARY 15, 2023

In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stood at 1,711 projects/260,911 rooms. Through the fourth quarter of 2022, 373 new hotels with 55,647 rooms opened in Europe.

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Construction Pipeline Closing Forecasting 52

Hotel Business

JUNE 23, 2023

JLL’s Capital Markets group has arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-sq.-ft., The loan represents one of the country’s largest construction loans closed this year. mixed-use development minutes from Harvard University in Allston, MA.

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Hotel Business

SEPTEMBER 22, 2023

Peachtree Group , a diversified commercial real estate investment company, has revealed its credit division has closed $556 million in loan originations of the $1.1 The company also opened five hotels that were under construction as of September 2023. billion the company deployed year-to-date.

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Hotelier Magazine

FEBRUARY 10, 2025

Strong operating performance and investor confidence contributed to the sectors continued momentum, particularly in metropolitan markets. Sixty percent of all 2024 hotel trades were valued under $10 million, and 43 per cent closed for less than $5 million, reflecting investor interest in smaller markets with attractive yields.

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Average Daily Rate Occupancy Hotels Revenue 52

Hotel Speak

FEBRUARY 5, 2025

LEGIT (Lodging Emissions & Guest-night Impact Tracker), a new tool developed by the tech-powered hospitality operator and Furthr , a top tier environmental consultancy, gives guests complete environmental impact metrics for each of its room-types in every property.

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Operations Hotels Hospitality Scale 63

Hotel Business

AUGUST 2, 2023

PHM also has agreed to operate two under-construction hotels in Texas: a dual-branded TownePlace Suites by Marriott and Fairfield by Marriott in Paris and a TownePlace Suites by Marriott in Forney. The property is close to Lake Ray Hubbard, Rockwall Technology Park and Downtown Rockwall Historic Square.

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Management Market Share Hospitality Management Construction 96

Hotel News Resource

NOVEMBER 21, 2023

Opening in 2027, InterContinental Sabah Kota Kinabalu Resort will adopt environmentally friendly practices throughout its design, construction and operations, and provide guests with immersive, close-to-nature stays through experiences that value, protect and care for the biodiversity of its location.

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Hotel Business

APRIL 18, 2023

The brand, which marks Hyatt’s entry into upper-midscale lodging in the Americas, was conceived through direct collaboration with hotel developers and listening closely to the needs of target guests, according to the company.

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Hotel Management

JANUARY 8, 2024

In the newly created dual role, Svensson will take charge of operations at W Melbourne whilst also having oversight of all of Marriott’s luxury properties in Australia, including under the The Ritz-Carlton and W Hotel brands. Krister will also work closely with leaders across Marriott’s Australian hotels to drive Marriott’s legacy in luxury.

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Hotel Management

APRIL 30, 2024

The 2024 Design Inn Symposium saw a stellar cast of speakers enlightening delegates on some of the most pertinent topics in hotel design and construction.

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Hotel Business

FEBRUARY 14, 2024

Madison, WI-based owner, operator and developer NCG Hospitality has appointed Corey Chamberlain as VP, capital markets and Ryan Kotila as design & construction project manager. Kotila joins the NCG Hospitality team after working for Culver Franchising, managing the design and construction of new Culver’s restaurants.

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Hospitality Construction Closing Management 69

Hotel Business

JUNE 29, 2023

million Commercial PACE (C-PACE) financing for a new 140-room hotel starting construction in Oakhurst, CA, just outside Yosemite National Park. Outbound Yosemite Resort will be close to Yosemite National Park and other outdoor attractions of the Sierra Nevada Mountains. The hotel operator will be Springboard Hospitality. “We

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Real Estate Construction Resorts Hotels 69

Hotel Designs

NOVEMBER 21, 2023

Following its hotel development ‘move’ in Mexico last year, Kempinski Hotels has been named operator of a new luxury beachfront residences and resort, located on one of the last remaining pristine stretches of Grace Bay Beach in Providenciales, Turks and Caicos Islands.

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Hotel Management

MARCH 10, 2024

The hotel industry is one of the most proactive in promoting inclusivity when compared to other industries that traditionally attract a predominantly male workforce, like mining and construction, for example. I started women in leadership sessions when I worked in Asia – to build trust, confidence and support among female employees.

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Hotel Business

AUGUST 10, 2023

A 44-room property in Red River, NM, close to Red River Canyon and Old Town. La Créole Inn & Suites in Lafayette, LA, a new-construction property developed by Pride Opportunity Developers. . The Bradford Hotel in Springfield, MO. The hotel features a fitness center, an outdoor pool and meeting rooms.

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Horizon Hospitality

MAY 27, 2024

However, for these projects to pay off for clubs, they must not let member satisfaction slip during construction. If your private club renovation is about to break ground, consider the following: Generate Excitement with Members If you can muster up excitement among members, there will be far less grumbling about the construction mess.

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Hotel Business

AUGUST 20, 2024

In total, Choice has four Everhome Suites open, 65 in the pipeline, more than 20 under construction and more than 15 expected to open within the next 12 months. The Everhome Suites San Antonio marks the sixth property under construction in Texas. Choice Hotels International Inc. Air Force enlisted basic military training.

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Hotel Management

MARCH 26, 2024

In the hotel’s first week, even without a heavy marketing campaign, occupancy was circa 60% with one night over the weekend hitting 80% occupancy due to compression on the CBD, thanks to the hotel’s close proximity, Hunt shared. Government infrastructure is taking a lot of subcontractors and a lot of fuel out of the construction industry.

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Hotel Business

AUGUST 16, 2024

The newly constructed hotel is owned by Virtua Avondale Hospitality LLC. “We We are thrilled to open the doors of SpringHill Suites Phoenix West/Avondale and bring a top-tier lodging experience to this dynamic region,” said Karen Mendez, senior regional director, operations, HE. “We

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Hotel Business

JULY 5, 2023

We hope the transparency with which we are sharing our ever-evolving efforts to reduce the building’s carbon footprint during construction and operations—and to establishing creative, local ways to sequester additional carbon off-site—will empower other developers to take a more sustainable and holistic approach.”

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Real Estate Hotels Construction Operations 59

Hotel Business

DECEMBER 6, 2023

Bellefield at Historic Hyde Park , a $1-billion hospitality, agritourism and residential development located across from the Culinary Institute of America in Hyde Park, NY, will soon conclude construction of its first structure, the Inn at Bellefield Residence Inn by Marriott International, a 137-room all-suite hotel.

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Construction Tourism Retail Shopping 64

Hotel Business

SEPTEMBER 5, 2023

Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel third-party operator and investor, has expanded its leadership team after adding nine hotels to its portfolio in the first half of the year. Prior to that, she was VP, design and construction for HVMG and VP. and Starwood Hotels and Resorts.

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Hotel Designs

NOVEMBER 13, 2024

Whether open or closed, their façades – the two protective envelopes – offer unobstructed views of the forest and lakes. The outer structure is either closed or perforated. Image credit: David Rosemberg In this project, the choice of materials and construction methods accentuates the experience of total contact with nature.

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Hotel Business

MAY 2, 2023

Hotel Business caught up with Jordan Bem, the company’s founder/CEO, to discuss how the pre-fab units are created, the sustainable practices that are followed during construction and what the plans are for expansion. How do you construct the suites? How did the idea for prefab suites come about?

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Hospitality Construction Operations Real Estate 52

Hotel Business

SEPTEMBER 18, 2024

Dimension Hospitality has been managing hotel construction and renovation projects for more than three decades, and we are well-versed in the brand’s requirements and resources. Furthermore, we’ve operated in this market for years and know exactly how well an enhanced hotel can and should perform.

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Hotel Business

JANUARY 10, 2023

Northview Hotel Group , a privately held hotel investment and operating firm, has named Matt Trevenen president/CEO. Northview’s Design & Construction team has designed and executed more than $350 million of capital improvement projects. In December, Northview closed on its fourth fund, NV Acquisitions IV.

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Hotel Designs

NOVEMBER 12, 2024

Lodge guests can enjoy wild swimming in the lake or a visit to the spa, which is conveniently close, accessed via a woodland trail. and incorporate biophilic design principles to immerse guests in the restorative power of the surrounding landscape, whilst following sustainable construction processes, materials and finishes.

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Hotelier Magazine

NOVEMBER 21, 2024

We couldn’t dream of a better location to offer accommodation options, next to the Casino de Montréal and close to where some of the biggest events in the city are held. Construction will begin once all plans are finalized and approved by the relevant bodies.

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Hotel Business

MAY 24, 2024

In addition to accepting a formal letter of intent with Omni Hotels & Resorts to own and operate the headquarters hotel, the authority also voted to approve a purchase and sale agreement for property at Convention Center Boulevard and Andrew Higgins Boulevard.

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Hotelier Magazine

OCTOBER 12, 2023

The Quebec-based company owns and operates boutique hotels across Canada under the Le Germain, Alt and Escad banners. We were extremely happy to resume construction in March of 2022. For us, this hotel meant a sign of being back in a positive [operating] environment.”

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