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Travel + Leisure CEO’s Plan: More Upscale, New Markets and Sports Tourism

Skift Blog

Skift Take: Timeshares are basically a real estate product wrapped in a financial product wrapped in a vacation. And Travel + Leisure Co. CEO believes the model has several distinctive advantages over other travel businesses. Sean O'Neill Read the Complete Story On Skift

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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

Global real estate investors are increasingly gravitating to the hotels sector evidenced by near historic levels of first-time capital invested in 2024, said JLL Hotels & Hospitality Group Global Head of Hotels Research, Zach Demuth.

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Peachtree Group Names Brent LeBlanc EVP, Business Development

Lodging

His responsibilities will include focusing on cross-marketing strategies, fostering business development, and collaborating with the investment teams to capture new opportunities.

Business 289
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Melbourne investor purchases The Adelphi Hotel in $19 million deal

Hotel Management

The property was sold via administrators BRI Ferrier on behalf of Bond Finance after being placed on the market by previous owner, Virtical. Continuing to expand into the Victorian market aligns with our strategic goals to further strengthen 1834’s presence and brand across Australia. “We

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Trilogy Hotels expands to Northern Territory under three-property deal with DCOH

Hotel Management

DCOH, formerly the Halikos Group, is a family-run business and one of the region’s largest privately-owned construction, real estate and hospitality providers. The deal sees Trilogy take over management of 417 rooms across three city centre hotels – Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.

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Peachtree Group Acquires AC Hotel by Marriott in Park City, Utah

Lodging

“Our team has successfully acquired a number of hotel properties at below-market prices, taking advantage of the current slowdown in transactions,” said Greg Friedman, managing principal and CEO of Peachtree.

Hotels 286
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Airbnb Friendly Apartments Program Expands to UK Despite ‘Low’ Tenant Adoption

Skift Blog

Skift Take: With its Airbnb-friendly programs for apartments and condos, the short-term rental giant is expanding into markets that were once forbidden. Risks include whether landlords will continue to be enthusiastic and how other residents feel. Dennis Schaal Read the Complete Story On Skift

Marketing 279