Apple Hospitality CEO: More Sellers With Hotels Are Staying at the Negotiating Table
Apple Hospitality REIT has been patient with the hotel transactions market, and that patience could soon pay off.
External Articles
Hotel Investors Not Worried About Potential Economic Pause
Interest rate increases, the higher cost of debt and possibilities of a recession are factoring in to the overall hotel investment landscape, but the industry’s continuing strong performance metrics have investors confident in a more normalized playing field in the near future.
Why NewcrestImage's Mehul Patel Walked Away From Hotel Operations
The pandemic was an eye-opening experience for NewcrestImage’s Mehul Patel. He realized that he wanted to wake up each morning and do what he enjoys: making deals and investing in hotels.
Despite Complexities, Outlook for Resorts in Europe Is Strong
Leisure demand is fueling recovery around the world, but resorts need more than just high leisure demand to be successful.
Hotel Developers Pause Projects as Materials, Labor Are in Short Supply
Hotel development executives are focused on increasing their margins and brand collaboration throughout the rest of the year.
Hotel Execs at Hunter Hotel Investment Conference Convinced Industry Will Overcome Headwinds
Executives speaking during the first day of the Hunter Hotel Investment Conference offered reassurance amid worries over global conflict, inflation and an ongoing pandemic.
Trends Show Reversal of Chinese Investment in Western Hotels
The hotel industry is a global business, and investors from around the world have capital earmarked for investment into international companies or renowned portfolios of hotels.
Brokers Say Clock is Ticking for Investors Looking to Convert Hotels to Housing
Hotels continue to be a popular target for investors looking to convert them to other real estate classes, but there’s still plenty of competition for hotel deals overall and a limited amount of time to make these deals work.
Buzzy, Nimble citizenM Poised For Growth
Led by Singapore sovereign wealth fund GIC, Dutch pension fund manager APG Asset Management and citizenM founder Rattan Chadha’s KRC Capital, CitizenM hotels, Amsterdam, in November raised US$1 billion in new capital for further growth.
Pushed Back at Height of Pandemic, Hotel Renovations Now Face Supply Chain Delays
An integral part of any hotel’s lifecycle, renovations are ramping up as hoteliers race to head off brand-required property improvement plans and complete updates to meet higher demand from guests.
UK Hotel Investment Volumes Surged 84% to £4.14 Billion in 2021
Following a bumper fourth quarter, where £1.42 billion changed hands, total 2021 UK hotel investment volumes reached £4.14 billion, according to Savills.
NYC is getting a bevy of new hotels despite COVID spike
Shaken, but things are stirring. Sure, the city’s hotel biz took a gut punch this year — we lost icons like the Gramercy Park hotel and the ultra-trendy NoMad Hotel — but according to Joel Rosen, president of New York-based GFI Hospitality, a real estate development and investment company, it was no knockout blow. It’s coming back,” said Rosen, whose company opened the Thompson Central Park in November (formerly the Parker). “It’s not robust, but is the hotel business over? No, not at all. New York real estate is historically very resilient.”
Hoteliers, Investors Debate Viability of New Hotel Development in Middle East
As hotel markets in the Middle East continue to mature, hoteliers and investors argue the key consideration in whether to develop in the region should be the profitability of existing hotels — not necessarily the current supply and not predictions for occupancy.
CitizenM Raises $1 Billion for Expansion
CitizenM, a Dutch lodging company, has raised $1 billion in new capital from its existing investors to accelerate its expansion plans as the hotel industry begins to bounce back from the pandemic.
Hotel Executive Commentary Highlights Busy Third Quarter for Transactions
The hotel industry transactions environment came back with a vengeance during the third quarter after an extended gridlock induced by the COVID-19 pandemic and an associated bid-ask gap.
Hotel Asset Managers Maintain Recovery Optimism Despite Late-Year Warning Signs
When the Hotel Asset Managers Association last met in the spring, the COVID-19 pandemic had just passed the one-year mark in the U.S., and members were generally optimistic. At the time, the nationwide vaccine rollout was in full swing and vaccination rates were going up while COVID-19 cases were decreasing.
Trump organization reportedly close to selling DC hotel for over $370M
Former President Donald Trump’s company is reportedly closing in on a deal to sell its lease on the iconic Trump International Hotel in Washington, DC, for more than $370 million.
Hotel Transactions Pace Stagnates Across Middle East Markets
During the pandemic, hardly any foreign direct investment has entered the Middle East, and the usual truism remains: When foreign private equity does appear, it is because the market has bottomed out or distress has entered the landscape.
Bill Gates' investment firm to take control of Four Seasons in $2.21 bln deal
Bill Gates' Cascade Investment LLC is taking control of Four Seasons Hotels and Resorts by buying about half of Saudi Arabian Prince Alwaleed bin Talal's stake for $2.21 billion, the hotel operator said on Wednesday.