Seaport Entertainment Group, whose portfolio is anchored by retail, restaurant and entertainment venues in lower Manhattan’s Seaport neighborhood, has promoted its finance chief as president and chief executive officer.
Real estate investment firms Trinity Investments and Certares Real Estate Management have sold the 352-room lifestyle hotel EAST Miami to Blackstone Real Estate.
GFI Real Estate is in negotiations to refinance debt on its Hotel Seville NoMad property in New York through a $60 million land sale-leaseback transaction and potential bond issuance.
Visitor taxes, tourism levies, bed taxes, call them what you will, are spreading around the world as surely as the tourists themselves, with similarly mixed reactions.
Third-party hotel management companies play an integral role in the guest experience, and taking note of what they do well and not so well in regard to guest satisfaction can aid the evolution of their operations.
NASHVILLE, Tennessee — With economic and financial market conditions stymying both new hotel development and transactions, many hotel owners have focused on conversions to revamp their portfolios.
Enterprise Land, a UK and European real estate investment company founded by Andrew Thornton, has launched a hotel platform as part of a strategy to diversify across operational real estate.
Savills, on behalf of Stonegate Group, has been instructed to market 23 free-of-tie public house investments across England which are available individually or as small packages.
Last month, the Arizona Lodging and Tourism Association convened its annual Southern Arizona Industry Forecast in Tucson, bringing together stakeholders to discuss the region’s evolving hospitality landscape, performance projections and emerging policies that could significantly influence Tucson’s hotel demand trajectory.
The comparison of the backward-looking average daily rate and the more forward-looking consumer price index component of “other lodging away from home,” are showing weakness.
Jastar Capital vehicle Custom House City Limited, has been given the go-ahead by City planners to refurbish and reposition Custom House office building into a luxury hotel.