Hotel development tips

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Deloitte last week revealed the results of its yearly European hotel industry survey. Between mid-September and early October, the company quizzed more than 100 senior figures, including owners, operators, lenders, developers, and investors.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Earlier this month, Roseate Hotels and Resorts said it is buying yet another luxury hotel in the United Kingdom — this time, a five-star boutique called The Dunstane Houses located in Edinburgh, Scotland. As with the three other UK properties Roseate has acquired, the brand will attempt to keep the decor and service practices localized.

Kerzner International has unveiled its new brand Siro, a set of fitness-themed lifestyle hotels. The developer said on Wednesday that it has slated to open its first property in a tower in One Za’abeel, a luxury community in Dubai, U.A.E., in the last months of 2023.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

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.

While 2022 was a post-pandemic boom year for hotel demand in much of the world, total global hotel investment volume decelerated slightly to $71.9 billion, a decline of 2 percent relative to 2021. The relative lack of outbound Chinese hotel investment, the Russian war in Ukraine, and recessionary pressures in several markets tamped down the pace of growth.

Owners of U.S. hotels have long turned to third-party management companies, such as Sage Hospitality Group, to run their properties. Sage stands out because, since 2017, it has grown from having 17 independent, soft branded, luxury, or lifestyle properties in largely suburban areas to having 47 lifestyle hotels in major urban areas (out of 60 hotels total).

Here are some excerpts from Daily Lodging Report by Alan Woinski from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

U.S. hotel construction spending rose 30 percent year-over-year in November, suggesting a sustained rebound is in place based on developers’ confidence.

Hilton Worldwide’s earnings report on Thursday was a good news-bad news story.

TMC Hospitality has a theory about U.S. travel. It believes that more people are traveling in groups — for reunions, team meetings, and destination weddings — than before. But it also believes that the typical hotel today isn’t aren’t equipped with the amenities addressing these travelers’ needs.

The top boss of Marriott International used an on-stage interview on Thursday as a platform to call on the U.S. federal government to do more to cut the wait times for interviews for first-time visitor visa applicants, which he said was leading to lost revenue because of reduced U.S. inbound tourism.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Ace Group International, the operator of a buzzy brand of 11 open Ace lifestyle hotels, will be acquired by Sortis Holdings, a Portland, Oregon-based hospitality firm, the companies said on Tuesday.