Remove Closing Remove Resorts Remove Scale
article thumbnail

Inside the ultra-exclusive Velaa Private Island resort in the Maldives

Hotel Management

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.

Resorts 261
article thumbnail

Exclusive: Trilogy Hotels closes first year with 13 hotels and big ambitions for 2025

Hotel Management

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.

Closing 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Driftwood Capital Closes Latest Fund for Development on Florida’s Space Coast

Lodging

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.

Closing 147
article thumbnail

Travel and Leisure Co acquires Accor Vacation Club for US$48.4 million

Hotel Management

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.

Travel 279
article thumbnail

Exclusive: Tourism Fiji CEO Brent Hill talks record results in a thriving market

Hotel Management

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-scale resorts to boutique luxury and business and conference hotels. Now is definitely the right time for investment in Fiji.

Tourism 264
article thumbnail

EVT takes QT to South East Asia in transformation of Singapore’s Hotel Telegraph

Hotel Management

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.

Hotels 264
article thumbnail

Driftwood closes $330M fund targeting Florida’s Space Coast

Hotel Business

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.

Closing 99