Hoshino REIT is Acquiring The B Asakusa for JPY5.6 Billion, Melbourne’s Lygon Lodge was Acquired for AUD17.4 Million, SUGGEST’s New-Built Hotel Sold in Atami, Japan, Dusit International is Set to Expand its Global Footprint.
JMBM’s Global Hospitality Group® hosted the 30th edition of Meet the Money® national hotel conference on May 1-3, 2023. Alongside investment boot camps and insightful discussion panels, the conference featured several exciting special presentations interpreting the latest data and industry sector highlights. In Part 2 of this blog series, we highlight the special presentations given by Romy Bhojwani and Ryan Meliker.
Following a strong quarter for Expedia Group's B2B segment where it delivered 55% in revenue growth compared to 2022, the Company announced new partnerships and tech features aimed at expanding its already vast partner network. Expedia Group's White Label Template and API solutions power travel for more than 400 million loyalty members of some of the biggest financial services companies, airlines and hoteliers worldwide. The announcements came as hundreds of leading travel players met at Expedia Group's EXPLORE 23: Connect conference, held for the first time at its Seattle campus.
Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today reported its first quarter 2023 results.
JMBM’s Global Hospitality Group® recently hosted the 30th edition of Meet the Money® national hotel conference. Alongside investment boot camps and insightful discussion panels, the conference featured several exciting special presentations interpreting the latest data and industry sector highlights.
The 30th edition of Meet the Money® 2023 national hotel finance and investment conference was held May 1 – 3, 2023 at the Hyatt Regency LAX. Some very insightful and informative presentations were made at the conference about the national economy, the national and California hotel markets, the latest version of the ISHC’s CapEx study, the Lodging Industry Investment Council’s Top 10, and three different views of the lodging industry’s performance and prospects.
We’ve seen a good start to the year, with continued strong trading in both the Americas and EMEAA, and an excellent rebound in demand in Greater China since the lifting of travel restrictions. Leisure demand has remained buoyant, and there has been further return of business and group travel as expected.
Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2023 financial results.
Hotel transactions across Europe failed to show the recovery expected during 2022 as confidence was hit by the Russian invasion of Ukraine which fuelled huge increases in energy and food costs, a rise in overall inflation and higher interest rates.
More than USD1 trillion worth of real estate and infrastructure projects, including 315,000 hotel keys, are under development or in the pipeline in the Kingdom of Saudi Arabia, underpinning the ambition set out in the country’s Vision 2030 strategy, according to industry experts speaking ahead of the upcoming Future Hospitality Summit (FHS) Saudi Arabia, taking place at the Al Faisaliah Hotel in Riyadh, 7-9 May 2023.
Borrowers are finding a larger pool of lending sources in Asia Pacific (APAC) as new alternative lenders enter the fray in the region’s debt market.
For years, buying some of the largest commercial real estate buildings in Asia Pacific (APAC) was the standard route into the sector for many investors.
Bringing together government leaders, hotel investors, owners, developers and operators at what is set to be the biggest Future Hospitality Summit (FHS) to date, FHS Saudi Arabia will take place from 7-9 May at the Al Faisaliah Hotel in Riyadh.
Meet the Money®, the national hotel finance and investment conference, returns for its 30th year on May 1-3, at the Hyatt Regency LAX. Attendees can look forward to three days of deal-making, networking, and high-level presentations from some of the best-known names in the hospitality industry.
The energy is building as we prepare for Meet the Money’s return in May! Our registrants can look forward to an exciting conference structured around networking, dealmaking, and gathering insight from the industry’s best minds.
Quest Woollongabba Sold for AUD43.8 Million to Invictus Developments Pte Ltd, ARTOTEL Group Acquires Milestone Pacific Hotel Group, New Disney Cruise Ship is Coming to Singapore in 2025, New Airline Really Cool Airlines Set-up in Thailand.
Blasson and Axa acquire the Hotel Sofia Barcelona from Brookfield, Monthisa sells the Radisson Blu Hotel Madrid Prado, Fattal acquires Principe di Lazise Wellness & Spa hotel, Lake Garda, Italy, from Bain, Financière Landowski acquires Hotel Eiffel Blomet Paris, Atom Hoteles sells the Hotel Ibersol Antemare in Sitges, Spain, Compagnie Hôtelière de Bagatelle acquires Hôtel de l'Abbaye Saint-Germain in Paris, Aprirose acquires Travelodge London Whetstone, Salomon acquires the Atenas Hostel in Seville, Spain, LaSalle IM acquires Hotel Umma Bed&Breakfast in Barcelona.
CDL to Acquire Sofitel Brisbane Central Hotel for AUD178 Million, KKR is Set to Acquire Hyatt Regency Tokyo, Japan Hotel REIT Investment Corporation to Acquire Sotetsu Fresa Inn Shimbashi-Karasumoriguchi, Central Pattana Plc Announces Four More Mega Mixed-use Projects in the Pipeline.
The Meet the Money program is now available on MeetTheMoney.com – take a look and see who’s speaking and what topics they’ll be exploring.
Next week, Hospitality Financial and Technology Professionals (HFTP®) is holding its annual Club Summit with one of its largest registration rosters in the history of the five-year event. Established in 2018, this conference has quickly become a key program for the association’s club segment offerings. The Summit delivers a vital opportunity for high-level club professionals and industry experts to directly address the topics that are most compelling and important to this specialized segment of hospitality. Scheduled for next Monday and Tuesday (March 27–28) at the Embassy Suites by Hilton Denver Downtown in Denver Colo; HFTP is expecting 185+ attendees for the education, networking and table-top exhibits.