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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

JLL’s Hotels and Hospitality Group is projecting a 15% to 25% increase in global hotel investment volume compared to 2024, according to the companys latest Global Hotel Investment Outlook. This shift is driving expansion into branded residences and alternative accommodations as hotels capitalize on the growing Experience Economy.

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Brisbane shows resilience in aftermath of Cyclone Alfred, STR reports

Hotel Management

The impacts of Cyclone Alfred have been far reaching with the hospitality industry significantly affected by mass cancellations, according to the latest CoStar STR data. We’re closely monitoring booking trends. Leisure destinations, with more discretionary demand, potentially face a longer recovery, Burke said.

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Quest set for major China expansion as Ascott inks joint venture with Jin Jiang Hotels

Hotel Management

The collaboration will accelerate our asset-light expansion in China by leveraging Jin Jiang’s franchise-ready infrastructure, complementing our successful management strategy in the market where we currently operate more than 220 properties in over 40 cities,” said Ascott and CLI Lodging Chief Executive Officer, Kevin Goh. “The

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Exclusive: TFE signs five New Zealand properties with Heritage Hotels

Hotel Management

We look forward to working closely with Heritage Hotels and the local team to build on their stellar reputation with the continuation of a refurbishment programme across the portfolio,” Ritch said. Tang said Heritage Hotels will also benefit from TFE Hotels’ global distribution systems and centralised service model.

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‘The brand is back’: Sofitel CEO Maud Bailly reveals grand plans for luxury brand at the reopening of a Sydney icon

Hotel Management

Every detail has been crafted to deliver an unforgettable experience,” he said, giving a special mention to the four food and beverage venues delivered by Housemade Hospitality. “We are back in business, and this grand lady has been beautifully transformed,” General Manager, Sam Panetta, told those gathered. The spaces look amazing.

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