RMI Architects’ Post

Sonesta Hotels is strategically expanding the footprint of The James Hotel brand in South Florida with plans to introduce a new property in the heart of the 305, Downtown Miami, in 2028. This addition underscores the brand’s commitment to delivering sophisticated, design-forward hospitality in dynamic urban destinations, further enhancing its presence in the region. "The new 82-story supertall tower with Sonesta contributing key money will feature approximately 336 fully furnished and decorated residences with about 200 rooms going into a hotel leaseback program. The property will also have a spa, private cabanas with plunge pools and unobstructed views of Miami, snow and rain rooms, and restaurants that include the highest elevation luxury bar and restaurant in the Americas. The project will also have a four-story private club where members will have access to the James Hotel in South Beach." “The James brand is back and this project in Downtown Miami is leading the way. The lifestyle and luxury space is where the consumer is going."  https://lnkd.in/evFq5P2S #SONESTAHOTELS #LUXURYTRAVEL

Sonesta Hotels announced The James Downtown Miami Hotel to open in 2028. Future James Hotels are on the horizon! "The new 82-story supertall tower with Sonesta contributing key money will feature approximately 336 fully furnished and decorated residences with about 200 rooms going into a hotel leaseback program. The property will also have a spa, private cabanas with plunge pools and unobstructed views of Miami, snow and rain rooms, and restaurants that include the highest elevation luxury bar and restaurant in the Americas. The project will also have a four-story private club where members will have access to the James Hotel in South Beach." https://lnkd.in/euj4p8iS

Ontario-based Vrancor Group has acquired the 232-room Radisson Hotel & Suites in Niagara Falls with plans to undertake a comprehensive renovation and relaunch. The property is now closed but is expected to reopen under the IHG Hotels and Resorts voco brand, reported Canadian Facility Management & Design. "The hotel sits on a large site near Horseshoe Falls, the Niagara Falls Convention Centre, Fallsview Casino and the Skylon Tower, and also accommodates two restaurants in leased space. It is among about 80 projects in the redevelopment pipeline for IHG’s voco portfolio, which currently comprises 77 pre-existing hotels that have been converted to the upscale brand." https://lnkd.in/eHA6wEAe #niagarafalls #ontario #hotel #sale

For brands and developers like Related Group, luxury branded residential offerings come with financial advantages. Once operational, residences and hotels can share costs on services, labor, and other financials: https://lnkd.in/d3se3qfm “Most luxury hotel developments now have a residential component because that allows the developer to have funds coming from different places,” explains Dana Jacobsohn, chief development officer, U.S. luxury brands and global mixed-use at Marriott. John Hearns, senior vice president of the hotel company’s residential operations, adds, “When the hotel is open and owners are living in the building, they provide meaningful revenue—they’re eating in the restaurants, they’re using the spa.”

Vancouver’s Floating Hotel Proposal: A Bold Vision for the Waterfront Interesting proposal for a floating hotel near the Vancouver Convention Centre sparks both excitement and curiosity. With its eco-friendly design, luxury amenities, and public accessibility, it promises to redefine waterfront hospitality. However, questions remain about its long-term impact on the area’s character and infrastructure. Could this be a glimpse into the future of urban tourism? https://lnkd.in/gWCDi7u8

Well done on this article, Yogonet International! 💙 “Our commitment went beyond mere aesthetics; we wanted to authentically portray the Anishinaabe people through every detail of these spaces," said Joe Nayquonabe, CEO of MLCV, in the article. #HotelRemodel #HotelStyle #NewLook #GrandReveal #Reveal #RibbonCutting #TotalTransformation

Newmark arranged $1.75 billion in financing for Fontainebleau Development for two of its Florida resorts. #HotelBusiness #hotels #hotelnews #hotelowners #hoteliers #hotelindustry #hospitality #hospitalitynews #hospitalityindustry #hotelsandmotels #hotelsandresorts #hospitalityprofessionals #lodging #hospitalitytrends #hoteldevelopers #Hotelfinance #Refi https://lnkd.in/eB5BFZbh

Marriott Int’l will open a Ritz-Carlton hotel on the site of the former Hotel Jugoslavija in Serbia's capital Belgrade in 2027, Serbian construction firm Millenium Team said. Millenium Team's subsidiary Danube Riverside, which owns Hotel Jugoslavija, and Marriott signed a cooperation contract which officialises the arrival of the luxury hotel brand to Serbia. The Ritz-Carlton Belgrade will have 193 rooms and apartments, two restaurants as well as more than 1,700sqm of space for events and meetings, as per the press release. It will be part of a new €500M residential and business complex on the location of the former Hotel Jugoslavija, which is being built by Millenium Team. Earlier this month, Millenium Team said it has started works on the Hotel Jugoslavija site. Apart from the hotel, the planned complex on the site will also include two towers - a residential 42-floor tower and a 34-floor business tower. Last month, Marriott opened a luxury hotel of its St. Regis brand in Belgrade within the Belgrade Waterfront real estate project. In addition, Marriott's brand Moxy Hotels plans to open its second hotel in Belgrade by the end of 2025. Marriott's brand Courtyard also has a hotel in Belgrade, while the Sheraton brand operates a hotel in the northern city of Novi Sad.

Hotel hunters back on the saddle searching for bargains https://bit.ly/4cYlmqF National hotel sales are still below average but buyers with an eye to refurbish or improve the properties are slowly starting to emerge #hotels #commercialrealestate #property