Even amid a challenged transactions market, Ramel Lee secured the initial capital for his fund's first acquisition and raised the funding before even deciding on the hotel property he would acquire.
Leaders of the newly launched brand platform Landingplace Hotels believe they have a chance to shake up the hotel industry by offering a greater degree of flexibility in franchising.
Leeny Oberg, one of Marriott International's top executives, plans to retire next year from her role as chief financial officer and executive vice president of development.
Eiffage Immobilier, a builder-developer and subsidiary of Eiffage Construction, has appointed Guillaume Gloaguen, 51, to the position of Hotel Relations Development Director. In his new role, he will develop this segment alongside the Eiffage Immobilier and Eiffage Construction teams.
Lambert Smith Hampton has appointed Neil Morgan as director in the operational real estate valuations team to support growth in hospitality and leisure nationwide.
With the ambition of accelerating its expansion in markets it has identified as priorities, hotel chain easyHotel has appointed Charley Le Peillet as Development Director for France and Belgium.
When longtime hospitality professional Clay Bales arrived in Montrose, Colorado, he saw the potential for the small, historic town to take off. With the purchase of a then-113-year-old building and plans to renovate it into a boutique hotel, he placed a big bet on this gut feeling.
CoStar Group's news staff won a gold medal in the largest real estate journalism contest in the United States for a podcast analyzing hospitality trends and received a bronze medal for coverage of how Hurricane Helene upended residential real estate sales in Asheville, North Carolina.
