Hotel news! 🎉 Loto-Québec has selected Germain Hôtels to manage the hotel to be built near the Casino de Montréal. Following a request for proposals process, Germain Hotels reportedly emerged as the hotel project's ideal partner with its "Le Germain Hotels" brand. The profits from the roughly 200-room hotel will be reinvested back into Québec. ╰┈➤ https://lnkd.in/ecTZKMdV 📷 Loto-Québec #montreal #eventprofs #hotels
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The Sherwood Queenstown, a 78-room boutique hotel, has been sold. A unique hotel and hospitality destination, the Sherwood features an award-winning restaurant and bar with a curated showcase of entertainment and events. RF Corval have acquired the hotel and plan to refurbish the property, and it will be operated by EVT under the Sherwood brand as part of its independent collection of hotels and resorts. This deal was brokered by Steven McIsaac from our Queenstown office alongside Australian-based Hotels experts Haoran (Jackie) Su and Karen Wales. Read more here: https://ow.ly/vCpj50UmaqO #Hotels #Investment #Colliers #NewZealand
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BWH Hotels has outlined an ambitious five-year plan aimed at seizing a larger share of the UK market. The York-based hotel franchise group will add 8,000 rooms through 100 hotels over the next five years, taking the total to 20,000 rooms. Find out more at https://lnkd.in/gpmEdqqM Robert Alley #bwhhotels #hotel #expansion #hospitality
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Amber Asher, CEO of The Standard Hotel, is stepping down after Hyatt’s $335M acquisition of the boutique hotel brand. #TheStandard #HotelNews #TMR Read More: https://ow.ly/QN3t50UFsAu
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I'm really passionate about the topic of bringing the true essence of HOSTING back to hospitality. In my opinion, we have gotten carried away with modernity and it's time to bring balance to the way we create hotel experiences. 📽 on stage at The Boutique Hotel Investment Conference by BLLA - Boutique Lifestyle Lodging Association #boutiquehotelinvestment #hoteliers #hotelinvestment #commercialrealestate #hoteltechnology #hospitalitytechnology
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I'm sure many of you have eaten at a Michelin-starred restaurant before, but have you stayed at a Michelin-keyed hotel? The Michelin Keyed Hotel program is a prestigious rating system that recognizes exceptional luxury hotels for their outstanding service, facilities, and overall guest experience. Inspired by the renowned Michelin Guide for Restaurants, this program assigns "Michelin Keys" to top-tier hotels that meet stringent quality standards. To earn Michelin Keys, hotels undergo rigorous inspections by anonymous Michelin reviewers, evaluating criteria like room quality, service excellence, amenities, and ambiance. Just like Michelin-starred restaurants, only the finest hotels are awarded keys, making it a trusted mark of distinction for discerning travelers seeking the ultimate in luxury accommodations. Here are some of my favorite Canadian Michelin-keyed hotels: Fogo Island Inn - Three 🗝 Rosewood Hotel Georgia - Two 🗝 Wickaninnish Inn - Two 🗝 Manoir Hovey | Relais & Châteaux - Two 🗝 Hôtel & Spa Le Germain Charlevoix - One 🗝 Bisha Hotel Toronto - One 🗝 Fairmont Banff Springs - One 🗝 Have you ever stayed at any of these properties? What do you love about them? #Michelin #LuxuryTravel
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Quietly tucked away in Ávila, just 50 minutes from Madrid, lies a 16th-century palace with a story to tell. Six Senses Hotels Resorts Spas, part of IHG Hotels & Resorts’ fast-growing Luxury & Lifestyle portfolio, has signed a hotel management agreement with the joint venture created by Sidercom and El Enebro to welcome guests like the royalty of centuries past within a 100-hectare (250 acre), 60-key country estate, which is expected to open at the end of 2026. #sixsensesquexigal https://lnkd.in/dGT2PGUX
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This is WILD. Two of San Francisco's biggest hotels lose $1 billion in value. I know it's not apples to apples comparison but at Southview Timberland Investments our investors don't experience this type of risk/volatility for a number of reasons: 1. We typically don't use debt/leverage to acquire assets (more conservative returns but more control and less risk which we like) 2. We don't rely on tenants for our success! Our tenants are trees and biological growth takes care of most of the heavy lifting. 3. Southview maximizes returns by developing non-timber income streams such as HBU sales, agricultural leases, hunting leases, pine straw harvesting and conservation easements, in addition to traditional timber harvesting. 4. We operate/invest in the Southeast US which is the strongest timberland market in the world offering excellent access to major markets and key timber mills. 5. Timberland investments are known for their low volatility and strong performance during inflationary periods. Southview’s disciplined investment process and sustainable forestry practices enhance this stability. We have an off-market timberland investment opportunity available right now, send me a message if you'd like the link to the data room. Land In ➡ Profit Out #timberland #forestry #investing #finance #sustainable #realestate #realassets #alternativeinvestments #investment #agriculture #southeast
Two of San Francisco's biggest hotels lose $1 billion in value. Hilton Union Square and Parc 55. 2,945 keys across the two hotels. Hotels valued at: - $1.56B in 2016 (~$530K per key). - $554mm ($188K per key) valuation today per Kroll Bond Rating Agency. - Implies decrease in value of ~$1B / -65% Both hotels doing ~$130 RevPAR as of March 2023; running at ~50% occupancy.
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Mandarin Oriental announces plans to expand European footprint The hotel group has signed options on properties in Paris and Amsterdam https://lnkd.in/eX_FgErD #spa #hotel #spanews #hotelnews
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Former Aimbridge Hospitality President and CEO Michael Deitemeyer is joining hotel owner, developer and operator Rockbridge Holdings and will lead its luxury lifestyle hotel development. https://bit.ly/3WFDgs9
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So what exactly is a ‘5-star’ hotel? Now that Daytona Beach might be getting one, here’s an explanation of what that star rating means: Check out this article from Daytona Beach News-Journal: Developers want to bring a 5-star luxury hotel to Daytona Beach. Here's what that means. https://lnkd.in/e73j2S9e
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