RobertDouglas announced today that it advised Fespar Enterprises LLC in structuring a long-term ground lease with The Robert Green Company for the development of a world-class luxury resort on the waterfront in beautiful Santa Barbara, California.
RobertDouglas announced today that it advised Ashford Hospitality Trust Inc (NYSE: AHT) on the sale of the 156-room Courtyard Savannah Downtown Historic District to Peachtree Hotel Group for $29.75 million. Evan Hurd, principal and managing director with RobertDouglas, made the announcement.
Collective Retreats, an experiential travel company that develops and operates luxury retreats in special and often secluded locations, announced today that it has retained investment banking firm RobertDouglas to structure a programmatic joint venture with a qualified real estate capital partner best suited to achieve its growth objectives via acquisitions and development opportunities.
Sava Holdings, Ltd, a boutique hotel development company with nine properties currently flagged under several major hotel brands, has implemented VingCard Essence at two of its properties. As new construction projects, both the Aloft Fort Worth Downtown and Holiday Inn Express & Suites Plano East implemented Essence to present guests with a secure and convenient hotel environment along with a modern and enticing lock design.
ProfitSword, a leading provider of Business Intelligence solutions for the hospitality industry and WVC RubixCloud (WVCRC) providing best-in-class technology and accounting services, have partnered to create a comprehensive data management and accounting solution that provides key financial and operational benefits for the hospitality industry. The integrated solution is designed to allow a single hotel or an entire portfolio of hotels to easily add themselves to a robust, hospitality-specific technology and support environment with little setup and effort. Hoteliers can also benefit from preferred pricing that would otherwise be difficult to locate for such enhanced functionality.
When B.C. Lynd Hospitality opened the doors to the new Harlingen (Texas) Convention Center this month, the Quore workforce communication platform was there ensuring that all spaces looked their best, equipment functioned properly, and communication between facility staff, event planners and visitors was seamless. Based on the company's successful track record with Quore's housekeeping, work order automation, preventative maintenance and engineering software at six of its Marriott-branded hotels, the ownership, management and development company decided the solution was ideal for the new facility's 44,000 square feet of dedicated meeting and event space.
INTELITY™, the broadest guest engagement and staff management platform in hospitality, announced today that it has inked a deal with 7 Cedars in Sequim, Washington. The new casino resort will open with the full INTELITY platform in place.
Leading hotel representation, sales, marketing and distribution provider HotelREZ deepens its successful two year partnership with leading hospitality business Dorint Hotels & Resorts, based in Germany, hosting their private-label chain code, DO, for Dorint on the Global Distribution System (GDS).
RobertDouglas announced today that it advised The Chartres Lodging Group in securing acquisition and redevelopment financing for its purchase of Dr. Wilkinson's Hot Springs Resort in Downtown Calistoga, California. Chartres Lodging is a San Francisco-based hotel investment company with a deep expertise in executing value-add hotel transformations. The floating-rate financing was provided by a leading alternative credit manager focused on high-quality, floating-rate debt.
Gulf Breeze, Fla. — Innisfree Hotels, a hotel management, development and marketing company, has put the finishing touches on their renovation of The Mercantile Hotel in New Orleans' Arts/Warehouse District. The renovations transformed the lobby, adding a spacious craft cocktail bar, rotating art gallery, inviting social area for networking and relaxing, updated business center and a gift shop. Additionally, the unique, all-suites boutique Hotel has added new pops of color and updated touch points throughout the rooms while maintaining its historic charm.
Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation hospitality software solutions and services, today announced that Rosewood Castiglion del Bosco resort in Montalcino, Italy has selected the company's InfoGenesis® POS as their point-of-sale solution. Agilysys' InfoGenesis POS will provide the five-star Tuscan resort with faster quality service and streamline the food and beverage process for an enhanced guest experience.
Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, today announced a multi-year agreement with the TWA Hotel, the only on-airport hotel at JFK Airport, opening on May 15, 2019. The brand new, first-class hotel in the restored landmark 1962 former TWA terminal designed by Eero Saarinen will pay homage to the golden age of travel with midcentury modern-inspired guestrooms, eight restaurants, six bars, high-end retail outlets, 50,000 square feet of event space, a 10,000-square-foot fitness center, a rooftop pool and an observation deck.
Cushman & Wakefield's EMEA Hospitality team continues its strategic expansion across Europe by entering the Spanish market with the recruitment of the entire senior team of Magma Hospitality Consulting, a leading independent advisor to the hotel sector in Spain.
Irvine, Calif. - ProfitSword, hospitality's premier developer of business intelligence and data integration software, has announced the implementation of its ProfitSage operational and financial reporting solution by DKN Hotels, one of California's premier hotel management companies. Providing hotel management, development and building services, DKN Hotels currently oversees more than 10 properties and now with the integration of ProfitSage into its data management and accounting process, can ensure the automated and accurate sharing of performance data from all locations in real time.
Element Hotel, a new 460-room extended stay hotel in Philadelphia, PA, announced today, plans to install Evolve Controls' wireless room controls system into all 460 rooms of the property, currently undergoing construction.
RobertDouglas announced today that it advised AutoCamp in their selection of Whitman Peterson as a strategic capital and growth partner. Under the agreement, Whitman Peterson, a real estate private equity company specializing in helping drive growth of target sector platforms, has led a dedicated capital commitment of $115 million focused on acquiring and redeveloping properties for AutoCamp's expansion. As part of the transaction, Whitman Peterson has also invested in the AutoCamp operating company.
Albuquerque, M.N. - ProfitSword, hospitality's premier developer of business intelligence and data integration software, has announced the implementation of its ProfitSage operational and financial reporting solution by Heritage Hotels & Resorts, a hotel management company based in Albuquerque, New Mexico. Renowned for its mission to promote Southwestern, Native American and Spanish culture by partnering with non-profit organizations and individuals to create a unique style at each one of its properties, Heritage Hotels & Resorts has experienced dramatic business growth over the last five years. While continuing to acquire additional locations, company leadership soon identified the need to implement a business intelligence and forecast strategy that could keep pace with the increasing complexities of a rapidly expanding organization.
TAMPA, FL — Spirides Hospitality Finance Company has successfully arranged, and its client has closed an $8.7 million building conversion and term, first priority conventional loan from a Southeast U.S. headquartered bank to finance the development of a new Holiday Inn in Downtown Columbia, South Carolina.
Bittel Americas announces initial customer deliveries of MODA. MODA, designed by Jacob Jensen, is Bittel's next generation ALL-IN-ONE guest room solution. MODA combines traditional nightstand devices including Bluetooth Audio, Alarm Clock, and mobile device charging into a stylish new design.
Systems Associates, Inc., makers of SynergyMMS, a hotel operational efficiency software system, announced its partnership with Seattle based software company Mediafolio Technologies and Melborne based instructional company eHotelier Pty. This integration will produce improved performance quality and targeted training for hotel employees everywhere. Working together with SingleStep, the intelligent employee assistant developed by Mediafolio, and eHotelier's career development portal, SynergyMMS users will enhance the onboarding process for new employees and ensure quality standards at hotels worldwide from directly inside the application.