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When it comes to the most luxurious resort experiences in Asia, high up on the list is Velaa Private Island in the Maldives, where villas the size of houses come alongside several world-class restaurants, a private golf course and some of the best water activities in the nation.
Leura Gardens Resort was among the Schwartz Family Company hotels to join Trilogy in 2024 At Leura Gardens Resort, for Jerry Schwartz, were operating an unbranded offering to test the differences between that and a franchise hotel. We can negotiate large-scale contracts in the owners favour and save a lot of money as a result.
MIAMI, Florida—Driftwood Capital announced 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 in Florida’s Space Coast.
has signed a deal to acquire Accor’s vacation ownership business – a total of 24 resorts across Australia, New Zealand and Indonesia – for US$48.4 When the deal closes, which is expected in the first quarter of 2024, the Accor Vacation Club business line will report to Travel + Leisure Co. Travel and Leisure Co. Travel and Leisure Co.
The existing product set of resorts and boutique island resorts, enables Fiji to welcome close to 1 million tourists annually, but there is opportunity right across the spectrum – from large-scaleresorts to boutique luxury and business and conference hotels. Now is definitely the right time for investment in Fiji.
EVT-operated Hotel Telegraph in Singapore is preparing to relaunch as a QT Hotels and Resorts property this September, marking the brand’s first location outside Australia and New Zealand. Since securing the management contract in December 2023, EVT has been operating the hotel at full capacity.
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. With 111 launches expected in 2024, according to Florida Lt.
The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. Lyf – based on the concept of ‘live your freedom’ – targets next-generation travellers including digital nomads, tech start-ups and creatives.
Sofitel Noosa Pacific Resort will be among the Australian properties to be fully refurbished in line with the luxury brand’s new direction, according to Bailly, who was forthcoming with media about the challenges the Sofitel brand has faced. “We We had a two-speed network, and discrepancy in scaling credibility and scaling luxury,” she said.
Sofitel Noosa Pacific Resort will be among the Australian properties to be fully refurbished in line with the luxury brand’s new direction, according to Bailly, who was forthcoming with media about the challenges the Sofitel brand has faced. “We We had a two-speed network, and discrepancy in scaling credibility and scaling luxury,” she said.
Sustainable luxury resort operator, Soneva, is harnessing the power or renewable and solar energy for greener operations at its properties in the Maldives. Embracing solar power on such a significant scale has substantially reduced our carbon footprint and demonstrates what is possible in the hospitality industry.
I very much look forward to working closely with the team to further enhance our bespoke hotel experiences and legendary service from the heart and hearts of Hong Kong.” Sofitel Noosa welcomes new executive chef Bret Cameron takes up the position of Executive Chef at Noosa Beach House, the restaurant at Sofitel Noosa Pacific Resort.
We signed a Master Collaboration Agreement with La Vie Hotels and Resorts which is set to add 30 hotels to our portfolio over the next decade across the SEAP region, which builds on the successful conversion and opening of three hotels in 2022. 2023 was a pivotal year for RHG where we expanded our relationship with key partners and operators.
At the Q4 close, projects currently under construction stand at 946 projects/210,559 rooms, up 5% by projects YOY. Projects in early planning reached a record count at Q4, closing the quarter at 640 projects/127,918 rooms, up 20% by projects and 14% by rooms YOY.
At the close of the third quarter, projects presently under construction stand at 320 projects/87,149 rooms. Seventy-two percent of its pipeline is concentrated in the three highest chainscales: luxury, upper-upscale and upscale, which typically boasts larger scale projects.
Smoky Mountain Resorts combines family-friendly accommodation with the exhilaration of adventure across three Tennessee locations. It is imperative for us at Smoky Mountain Resorts to have our distribution platform integrated into our PMS. Thank you Heather!
In recent years, Taylor has worked closely with brands like Standard, Hoxton, Dream, Ryse and East Hotels to establish a presence down under. In 2018, he was responsible for bringing the W brand back to Australia, first via the Brisbane hotel and then with W Melbourne, where he worked directly with the owner Daisho for close to three years.
Worldwide, at the close of the second quarter, there are 6,154 projects/1,108,498 rooms under construction, 3,679 projects/506,760 rooms scheduled to start within the next 12 months and 4,739 projects/694,980 rooms in the early-planning stage. Across the globe, the top countries by project count are the U.S.,
markets in close proximity to natural experiences, including national parks, beaches, mountain and ski towns. As we have demonstrated through Graduate Hotels and Marine & Lawn Resorts, we believe our design-forward and vertically integrated approach will position the platform to scale rapidly and capitalize on consumer demand.”
US: Highgate has entered into a definitive agreement to purchase LA-based Viceroy Hotels & Resorts, with the transaction expected to close in early 2023. The post Highgate to acquire Viceroy Hotels & Resorts appeared first on Boutique Hotel News. Viceroy debuted in 2000 with the launch of Viceroy Santa Monica.
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. Last year, he brought in Brian Cho as PPCI’s president last year.
An affiliate of the principals of Highgate have entered into a definitive agreement to purchase Viceroy Hotels & Resorts (Viceroy). The Viceroy brand debuted in 2000 with the launch of Viceroy Santa Monica and has evolved into a portfolio of hotels and resorts in iconic destinations such as St Lucia, Chicago, Los Cabos and Snowmass. “We
This move builds on the strategic collaboration that Hyatt and Lindner entered into in 2022, which increased Hyatt’s brand footprint in Germany and Europe, with the subsequent integration of most Lindner Hotels & Resorts and me and all hotels into the World of Hyatt loyalty program. The transaction closed on June 28.
The event, a precursor to the full two-day conference in 2025, drew an impressive gathering of close to 200 key players, including Japanese and international hotel groups, investors, developers, owners, and asset managers.
He began his career with Marriott International in 2002 as a General Manager in Le Meridien Commodore Beirut and he has since led the hotel teams at The Westin Resort Guam, W Hong Kong, St. Krister will also work closely with leaders across Marriott’s Australian hotels to drive Marriott’s legacy in luxury.
A bumper crowd of over 330 leading owners, investors, operators, suppliers and advisors were at the Sofitel Fiji Resort and Spa this week (Jul 3-4) for the 2024 AHICE Fiji Islands Investment in Tourism Summit , where record performance numbers were the talk of the major conference. Now is definitely the right time for investment in Fiji.
Applying her unique style across a range of building typologies, geographies and scales she re-engages in an approach that carefully addresses each project from an in-depth consideration of the detail to the overall massing strategy. He champions company culture, collaborating closely on personal development and HR issues.
They will know where you stayed the last time, and what chain scale you stayed at. ” Trivedi noted that AI-driven platforms like Google’s new search experience gives hoteliers the opportunity to “know your guest up close and personal, and you can do targeted marketing.” They’ll know everything about you.”
Richler had the inside line – he had, after all, trained as an architect at Montreal’s McGill University, before segueing into jewelry design and back to designing large scale jewelry for the home to order.
He retired from IHG Hotels & Resorts in 2022 after 11 years with the company. Eisemann will work with the Noble team to develop and scale investment strategies as the firm continues the growth of its platform that serves institutional investors around the world.
UK: QHotels Collection, a portfolio of hotels and resorts across the UK , has published its sustainability policy which will be rolled out nationwide. Phillip Gardner, commercial director at The QHotels Collection , said: “We understand the scale of our operations and the environmental impact that comes with it.
At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022. Projects in the under-construction stage in China rose slightly year-over-year (YOY), closing the quarter at 2,655 projects/478,703 rooms.
“We have worked closely with the team at BWH Hotels to ensure a seamless transition and the collaborative spirit of our teams has set a strong foundation for a successful partnership. With 19 brands across every chain scale segment, from economy to luxury, BWH Hotels suits the needs of developers and guests in every market.
YOY On track to have returned $1B to shareholders in 2023 through share buybacks and dividend payments “Travel demand remained very healthy during the quarter, and I would like to thank all our teams for supporting another strong trading period,” said Elie Maalouf, CEO, IHG Hotels & Resorts. “Q3 and Greater China +9.3% vs 2022, +14.8%
” Image credit: Jon Day The concept of the hotel was born from Sternlicht’s vision, began in 2015, for SH Hotels & Resorts ushered the lifestyle hospitality sector into a new chapter – one that fostered the best of sustainable design and architecture, together with non-fussy comfort.
US: Technology platform Way , which enables hotels to provide experiences through local partnerships, has closed $20 million in Series A funding at a valuation of $100 million. Notable hotel groups already using Way includes Bunkhouse Group, Fairmont, Auberge Resorts, Graduate Hotels and more.
Casino & Hotel Virginia resort destination will feature: More than 400,000 sq. In the end, this development will offer more than a premier resort casino; it will represent a hopeful new beginning.” ” Upon completion, the Live! of gaming, hotel and dining space 35,000 sq.
An independent organization’s ability to scale its loyalty and benefits program is directly tied to long-term growth throughout hospitality. Streamlined loyalty oversight Independent hoteliers are always looking for new ways to compete against branded loyalty programs, but this process can be automated with the right PMS in place.
Recently, Accor partnered with Japan Hotel REIT Advisors (JHRA) in Japan to renovate and re-brand the Daiwa Resorts portfolio into Grand Mercure and Mercure hotels that will offer uniquely local experiences. ” “We’d like to express our sincere gratitude to everyone who has supported Daiwa Resorts until now.
> ENTER FOR FREE (application / nomination process is quick and easy, and closes on August 11). The 2023 application and nomination process, which has always been and remains free-of-charge for all interior designers, architects, hoteliers and suppliers, has opened and closes on August 11.
Despite the region being put under the harsh spotlight regarding how any hotel development plan on this scale can be sustainable, it continues to attract global designers, architects and operators who are helping to design, build and shape the new hospitality hotspot.
Destination by Hyatt is a collection of more than 55 independent hotels, resorts and residences. Upcoming launches include: • Banyan Cay Resort and Golf (Florida) – expected to open in summer 2023, the 18-hole golf resort will mark the entry of the Destination brand in Florida. . •
With travel and tourism surging once again on a global scale, countries such as Japan, Singapore, Vietnam and surrounding regions such as China, are experiencing a significant influx of foreign travelers, as well as increasing domestic demand for business and leisure travel experiences.
The transaction values Tao Group Hospitality at $550 million and is expected to close next month, subject to customary closing conditions. Allen Smith, managing partner, Mohari and the former president/CEO, Four Seasons Hotels and Resorts. We are excited to build this partnership to scale our companies together.”
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