Playa Hotels & Resorts just recently celebrated its 10th anniversary with a big event in Cancun.
25.08.2023 - 14:30 / skift.com / Sean Oneill
Flynn Properties and Värde Partners said on November 21 they had created a joint venture that had acquired an 80 percent interest in 89 select service and extended stay hotels.
The portfolio included the following:
The transaction was eye-catching because it appeared to be the precursor to a multi-year push by San Francisco-based Flynn Properties to invest in hotels, especially in select service.
To learn more, I spoke with Greg Flynn, founder, chairman,and CEO.
What has Flynn learned from becoming a franchising giant in restaurants that he thinks is relevant to select service hotels?
Flynn believes the select-service hotel segment has macro tailwinds supporting its growth.
But it’s not just select-service hotels that Flynn Properties cares about. Since 2006, it has taken investment stakes in five luxury resorts:
In short, it looks like Flynn is aiming to throw its weight around in the U.S. hotel sector during a post-pandemic, inflationary period that will likely favor opportunistic investors.
Playa Hotels & Resorts just recently celebrated its 10th anniversary with a big event in Cancun.
The summer-opened La Nauve Hôtel & Jardin takes over a historic Cognac distillery and mansion in the area of France famed for its namesake spirit.
In the heart of the Riviera Maya, between the lush nature and turquoise waters of the Mexican Caribbean, hides a treasure you are about to discover. The Fives Oceanfront Hotel & Residences, a luxurious boutique hotel complex located in the picturesque fishing village of Puerto Morelos, invites you to immerse yourself in a world of sensations and emotions that will take your breath away.
New York City’s short-term rental regulations could slash up to 70% of Airbnb’s 23,000 active listings in the city after September 5. Experts are divided on how the move might affect hotels, and their forecasts are foggy. Yet the analyses reveal interesting details about this critical lodging market regardless.
The city of Oxford revolves around its university, England’s most prestigious alongside Cambridge. Because teaching started in the city in the 11th century, Oxford is filled with historic colleges, many hundreds of years old, and all incredibly beautiful in their architecture. Visitors to the city can walk the cobblestone streets that weave around the colleges, libraries, churches, and museums, and even take tours of the colleges’ lecture halls, chapels, and dining halls. But a day trip isn’t enough to get a good feel for Oxford. Even if the city is only 50 minutes away by train from London, you need to stay in a hotel in Oxford, England, for and take the time to fully explore this one-of-a-kind city.
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IHG Hotels & Resorts (IHG) have launched a new program – known as IHG LIFT – which has been designed to create more hotel development support for historically under-represented groups within the hospitality industry.
Antoni Porowski may be the food and wine expert on Netflix’s Queer Eye, but it turns out his travel cravings are a bit simpler than what his TV title may convey.
More than $30 million committed to help unlock paths to hotel ownership.
Hotel Indigo Guadalajara Expo draws on its rich cultural background to create an authentic neighborhood stay experience for guests.
Travelers United’s choice to sue Hyatt over its “junk fee” practices fits into a broader storyline about travel junk fees being in the limelight ever since President Joe Biden referred to travel fees in his 2023 State of the Union address.
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