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Archives for 04/12/2024

1 Hotels set for Japan debut next year

Reading Time: 2 minutes Japan: Management company SH Hotels & Resorts will open the 1 Hotel Tokyo next year, located in the city’s Akasaka district. Developed by Mori Trust, 1 Hotel Tokyo will form part of a mixed-use development featuring retail and offices. The hotel will offer 211 guest rooms including suites, a main restaurant and bar accessed from the 38th-floor lobby, a spa with … [Read more...]

OUTDOOR AUTUMN – WINTER OF TALENTI LOOK FASHION

An overview of outdoor sofas signed TALENTI In anticipation of autumn, the moments to spend outdoor become more and more precious. With the Tressé, Allure, Casilda, Leaf and Venice collections, Talenti Outdoor Living offers five outdoor sofas... to enjoy your time in total comfort and relaxation... Appeared first on: tophotel.news … [Read more...]

Travel smart this holiday season with Smart GigaRoam

Smart GigaRoam: Stay Connected and Worry-Free While Traveling Table of Contents As the festive season approaches, you might envision a magical white Christmas tucked away in the bustling streets of Tokyo or the iconic charm of New York City. Perhaps you’re excited about a vibrant holiday shopping experience in Singapore’s luxurious malls or Dubai’s extravagant markets. If your heart longs for … [Read more...]

Otelier appoints Rob Lawrence CEO

Otelier has appointed Rob Lawrence as its new CEO. Founder Ali Moloo will remain the executive chairperson and will continue to play an active role with the company. Lawrence has held executive leadership roles across publicly and privately held software businesses, where he has driven significant revenue growth and product innovation, according to the company. “I am honored to join Otelier at … [Read more...]

Hyatt Plans Luxury and Lifestyle Hotel Openings for Next Two Years

CHICAGO—Hyatt Hotels Corporation showed during ILTM Cannes a pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026. Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a 52.8 percent increase in Europe’s existing luxury hotel stock by 2028, highlighting investor confidence in the segment’s growth potential. With 70 percent of Hyatt’s … [Read more...]

Opportunity fund acquires three hotels for $36M

JLL Capital Markets, on behalf of Woodvale Opportunity Fund I, arranged the acquisitions of the $25-million Southaven Marriott Portfolio and the $11-million Fairfield Inn & Suites Buford. The Southaven Portfolio includes the Courtyard Memphis Southaven (85 keys) and the Residence Inn Southaven (78 keys), both located in Southaven, MS, part of the greater Memphis metropolitan area. The … [Read more...]

Red Cliffs Lodge Zion Debuts

After undergoing a full property renovation Red Cliffs Lodge Zion, A Tribute Portfolio Hotel by Marriott has opened. The newly branded and reimagined hotel unveils a design that reflects Zion’s adventurous spirit and natural rustic beauty. Located less than a mile from Zion National Park, in Springdale, UT, the pet-friendly hotel has 132 guestrooms, a new signature restaurant, Scout Bar & … [Read more...]

Lore Group rebrands NYC Mondrian to Hotel Park Ave

International hospitality company Lore Group has introduced Hotel Park Ave, a rebranding of the recently acquired former Mondrian Park Avenue hotel in New York City. Located on the corner of Park Avenue South and East 30th Street, the property is the company’s seventh hotel. “Expanding into New York City felt like the natural next step for Lore Group,” said Lore Group CEO David Taylor. … [Read more...]

Ashford Trust to sell Boston Courtyard for $123M

Ashford Hospitality Trust Inc. has signed a definitive agreement to sell the 315-room Courtyard Boston Downtown for $123 million ($390,500 per key). The sale is expected to be completed in January and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the company’s anticipated capital … [Read more...]

Frank Santos named Rosen Hotels & Resorts CEO

Rosen Hotels & Resorts has named Frank Santos as the company’s new CEO. Santos’s promotion comes one week after Founder/President Harris Rosen’s death at the age of 85. Santos is no stranger to Rosen Hotels & Resorts. In 1985, Harris Rosen personally recruited and hired him to become CFO, a job Santos started in January of 1986 and held for almost 39 years. He would later add VP to his … [Read more...]

Partners Group invests in Spain

Spanish hospitality group Bluesea Hotels has set the scene for further growth, after attracting a new investment partner to take its business to the next level. Swiss investment group Partners has opted to invest in Bluesea, acquiring a majority stake in the business and its 25 hotels, on behalf of clients. Partners will work alongside mid-market private equity firm Portobello Capital, which … [Read more...]