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The Rise of Virtual Restaurants: Navigating the Digital-First Dining Landscape

Social Hospitality

Lockdowns and social restrictions ushered in a new way of life, redefining how we work, socialize, and even dine. Unlike traditional brick-and-mortar establishments, virtual restaurants lack a physical dining space. Are virtual restaurants the future of dining? They don’t have a physical dining area for customers.

Dining 147
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Radisson Red to debut in Auckland with 322-key hotel to open in 2025

Hotel Management

Auckland is fast becoming one of New Zealand’s top tourist destinations renowned for its multiculturalism and culinary influences, making it an ideal and thriving market to launch the Radisson Red brand.” The recovery of tourism in New Zealand is gaining momentum with 2.96 million from the previous year. million from the previous year.

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JLL Capital Markets Arranges Financing for Hotel Granduca

Lodging

NEW YORK— JLL Capital Markets announced that it arranged $30.6 The hotel has several amenities, including two dining options (Alba restaurant and Il Giardino), a bar and seating area, meeting rooms totaling 2,860 square feet, and event space spanning 2,050 square feet, which opens to the courtyard.

Market 173
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HHP Acquires Dual-Branded Hyatt Hotel in Charleston

Lodging

This acquisition marks HHP’s 13th and 14th hotels, representing the company’s first entry into the Charleston, South Carolina, market. Situated along King Street in Charleston’s Historic District, the property is near dining, entertainment, and cultural attractions.

Branding 162
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HEI Hotels & Resorts Adds Two Atlanta Hotels to Its Portfolio

Lodging

NORWALK, Connecticut—HEI Hotels & Resorts added the DoubleTree by Hilton Atlanta-Roswell and DoubleTree by Hilton Atlanta–Alpharetta to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 14.

Resorts 162
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TMGOC Ventures, Certares acquire The Ray Hotel

Hotel Business

The hotel, which opened in September 2021, features three full-service dining outlets, including a rooftop restaurant and bar, as well as a rooftop pool deck, an 1,800-sq.-ft. Being headquartered locally, we have seen firsthand the rapid expansion of the Delray Beach market. fitness center and an event space.

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LCP, Safanad provide loan for Dream Hollywood

Hotel Business

LCP), a vertically-integrated, private real estate investment firm specializing in hospitality investing and lending, in a joint venture with Safanad, a global holding company investing in platforms across real estate, education, healthcare and digital infrastructure, has provided a $33.3-million The LCP Group L.P.