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Construction underway on 97-key Nu By Yoo hotel in Melbourne

Hotel Management

Construction is underway on DCF Property Group’s $180 million First Light development in Melbourne’s Domain Precinct, which will be home to branded residences and the first Nu By Yoo hotel in Australia. Managed by La Vie Hotels and Resorts, the 97-key hotel will feature luxury accommodation and a signature food and beverage partner. “At

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Quincy Melbourne achieves sustainability milestone in road to net zero

Hotel Management

TFE Hotels has invested in the development of carbon footprint management systems including a Board-endorsed sustainability strategy, setting climate targets, establishing their in-house greenhouse gas monitoring, and reporting.

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Hilton Breaks Ground on First Project H3 Hotel

Lodging

MCLEAN, Virginia, and KOKOMO, Indiana—Hilton announced the groundbreaking of the first Project H3 by Hilton hotel in Kokomo, Indiana, signifying the start of construction on its new studio apartment-style extended-stay hotel brand.

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NYC Extended Stay Forum Showcases Segment’s Resilience, Growth Outlook

Lodging

The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed.

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Peppers opens in Gladstone in Accor’s latest dual-branded accommodation offering

Hotel Management

The 32-room Peppers hotel will operate under a dual-branded accommodation offering with the adjoining 60-room Mantra Gladstone, located at the home of the sports club. The post Peppers opens in Gladstone in Accors latest dual-branded accommodation offering appeared first on Hotel Management.

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Key appointments: 25hours Sydney, Langham Hospitality Group, Marriott International and more

Hotel Management

25hours Sydney names General Manager Australia’s first 25hours hotel, which is scheduled to open in the first quarter of 2025, has appointed Silvia Kypriotis as its General Manager. Winner of the HM Australian General Manager of the Year award in 2021, Kypriotis is recognised as an empathetic and people-oriented leader. “I

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Driftwood secures $257M for Westin Cocoa Beach Resort

Hotel Business

Driftwood Capital has secured a total of $207 million in senior construction financing and Commercial Property Assessed Clean Energy (C-PACE) financing for its signature Westin Cocoa Beach Resort & Spa on Floridas Space Coast. The company also secured a $50 million credit facility from Amerant Bank at the holding company/fund level.

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