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Tag: investment


Finance and Development, Financial

C3 secures another $10M in funding

October 15, 2021

Via: Restaurant Dive

This latest partnership will give C3 access to Lurra Capital’s global partners, which could facilitate C3’s international growth. C3 plans to reach 12,000 locations by 2023, and each of its current brands generate about $1 million per outlet, according to […]


Hotels

Carmel Mission Inn Completes Multi-million-dollar Full-scale Renovation

October 14, 2021

Via: Hospitality Net

Carmel Mission Inn, a stylish boutique hotel located in the idyllic seaside community of Carmel, just minutes from Carmel Village and the city of Monterey has completed a multi-million-dollar, full-scale renovation. A refresh of the charming, coastal property included a […]


Technology

A Research Company on the Future of Hotel Tech: An Interview with Capsolve CEO, Tim Henthorn

October 11, 2021

Via: Hospitality Net

Capsolve is a leading hospitality marketing and technology research company known for their thorough and actionable insights on hospitality solutions. In fact, they just wrote a Professional Review of Shiji Group’s portfolio of products. We thought it’d be a great […]


Hotels

Como Hotels and Resorts first Property in France

September 24, 2021

Via: Hospitality Net

The COMO Group unveils a new luxury boutique hotel in the heart of Burgundy, one of the world’s most prestigious wine regions. COMO Le Montrachet will open in phases, with phase one scheduled to be completed in 2022, evolving the […]


Technology

HITEC TV: Developing and Delivering the Contactless Guest Experience

September 16, 2021

Via: Hospitality Net

Watch and listen to 3 hotel technology companies and how they work together to ensure that one of the largest hotels in Las Vegas, delivers on its guest promise and enhances the guest experience. Even Frydenberg, CEO of Zaplox, Nicolás […]


Finance and Development, Financial

AHLA Applauds Enhancements To Loan Program For Hoteliers

September 13, 2021

Via: Hospitality Net

The White House yesterday announced the expanded COVID-19 Economic Injury Disaster Loan (EIDL) program, giving qualified hoteliers access to up to $2 million per loan. The American Hotel & Lodging Association (AHLA) has been working with Biden Administration and Small Business Administration […]


Technology

McKibbon Family Foundation Makes $5 Million Donation to Florida International University’s Chaplin School of Hospitality & Tourism Management for New Alumni Center and Technology-Focused Programming

September 10, 2021

Via: Hospitality Net

The McKibbon Family Foundation, led by philanthropists John and Letitia McKibbon, today announced a $5 million contribution to Florida International University’s (FIU) Chaplin School of Hospitality & Tourism Management. The transformational gift was presented during a recent event celebrating well-loved […]


Finance and Development, Trends

Hotel Ramp-Up After Lockdown Closures Dependent on Market

September 8, 2021

Via: Hospitality Net

Many hotels closed their doors temporarily at the start of 2020’s COVID-19 lockdowns, and data shows that how hotels recovered after reopening their doors depended heavily on location. Ramp up is the time it takes for a hotel, either a […]


Hotels

Blue Water Development Expands into Southeast, Adds RV Resorts in Louisiana and Tennessee to Portfolio

September 8, 2021

Via: Hospitality Net

Blue Water Development, a real estate developer specializing in outdoor hospitality management, has assumed management of its first RV resorts in the Southeastern United States – Reunion Lake in Ponchatoula, La., and Sun Outdoors Pigeon Forge in Sevierville, Tenn. The […]


News

Europe Hotel Transactions Bulletin – Week Ending 27 August 2021

August 30, 2021

Via: Hospitality Net

Hyatt to acquire Apple Leisure Group for $2.7 billion US-hotel giant Hyatt has agreed to acquire luxury resorts operator Apple Leisure Group for $2.7 billion. Apple Leisure, owner of the Secrets, Dreams, Breathless, Zoëtry and Sunscape resort brands, will greatly […]