Category: Real Estate

July 22, 2024

Two of the world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the second quarter, according to June 2024 data from CoStar. June 2024 (% change in comparison with June […]

July 18, 2024

JRK Property Holdings, through its $350 million Hospitality Fund, has acquired the 394-room Hilton La Jolla Torrey Pines in La Jolla, CA from Braemar Hotels & Resorts for $165 million. The resort sits on an 11.4-acre site adjacent to the […]

July 18, 2024

The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data. U.S. Hotel Pipeline June 2024 (percentage change from June 2023) In construction: 157,713 rooms (+5.5%) Final Planning: 266,619 rooms (+9.8%) […]

May 21, 2024

Lodging Econometrics (LE) has released its Q1 2024 Hotel Construction Pipeline Trend Report for Europe. According to LE analysts, the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. European hotel projects by stage […]

May 15, 2024

The Global Wellness Institute (GWI), a nonprofit research organization, released a new data report yesterday at the third annual Wellness Real Estate & Communities Symposium in New York. The report reveals that wellness real estate has been the fastest-growing market […]

May 7, 2024

The latest Latin America Construction Pipeline Trend Report by Lodging Econometrics (LE) reveals robust growth in the region’s hotel construction sector. At the close of Q1 2024, the total hotel construction pipeline in Latin America stands at 604 projects and […]

April 29, 2024

The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below […]

April 24, 2024

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% […]

April 15, 2024

The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar. March 2024 (% change in comparison with March 2023): Europe In […]

February 8, 2024

MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the portfolio’s net operating income, increasing it from $15 million at acquisition to $36 million. This represents a […]

January 30, 2024

Indian Hotels Company (IHCL) announced the signing of a third hotel in Ayodhya, Uttar Pradesh. The brownfield project will be branded as an IHCL SeleQtions hotel. Commenting on the signing, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL […]

January 25, 2024

CBRE Hotels, as sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest (with the leasehold interest in the Event Center) in the 187-room Sheraton McKinney. Positioned at the intersection of two prominent […]

December 4, 2023

The most recent Construction Pipeline Trend Report for the United States, compiled by Lodging Econometrics (LE), reveals the top five markets with the largest hotel construction pipelines by projects at the end of the third quarter. The list is topped […]

November 27, 2023

Standard International will soon add a new hotel brand to its portfolio: the StandardX. The new concept is derived from the Standard’s youthful roots, drawing inspiration from the spirit that defined its inception 25 years ago—when the now-shuttered Standard, Hollywood […]

November 13, 2023

Irongate and Hilton announced plans for a transformation of one of Hawaii’s most revered properties. The Trump International Hotel, Waikiki, will be reborn as Wākea Waikiki Beach under the management of LXR Hotels & Resorts officially taking place February 2024. […]

November 9, 2023

The Kimpton Grand Roatán Resort & Spa opened its doors last month on the West Bay Beach of Roatán island. The Caribbean resort houses 119 guestrooms, suites, and condos, four restaurants and bars, a spa, and nearly 6,000 square feet […]

November 7, 2023

Accor takes another step towards franchise expansion and signs a contract for a new venture in Sorriso, Mato Grosso, Brazil. This will be the ibis Styles brand’s first hotel in the city, scheduled to open in 2027, with an architectural […]

November 6, 2023

This October, Tru by Hilton, Hilton’s (NYSE: HLT) midscale brand, welcomed new hotels in North Carolina, South Carolina, Texas and Virginia. Together, the five new Tru by Hilton locations in the U.S. have pushed the seven-years-young brand past a milestone […]

October 25, 2023

HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 82-key Hampton Inn & Suites by Hilton Houston North IAH Airport. This offering presents an excellent opportunity for an investor to […]

October 17, 2023

Specialist lender Leumi UK has agreed a €43 million loan to The Dean Hotel Group for the purchase of the Clarence Hotel, a historic four-star hotel in Dublin’s city centre previously owned by members of the rock band U2. The […]