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Hilton Brisbane, a landmark hotel in the citys CBD, is set to close its doors at the end of this month after almost 40 years of service. A spokesperson for Hilton told HM that the hotel will cease to operate under the Hilton brand on 31 March 2025, following the expiration of the lease agreement with the property’s owner, ISPT.
We expect this dynamic to continue throughout 2025 as hotels emerge as a preferred asset class driven by outsized yields, robust operating performance and favorable supply dynamics. The post JLL projecting 25 per cent jump in global hotel investment volume appeared first on 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
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.
Chief Operating Officer of Sofitel, Emblems and MGallery, Markus Keller, also has a close connection to the property having served as Front Office Manager at the Wentworth hotel 20 years ago. As a young boy in 1966, Paul and his parents were among the first guests to enter the hotel when it opened.
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