The hotel industry revival is apparent everywhere except in sales volume for hotel assets. Expect the relative lack of dealmaking to continue for at least a few more months — perhaps longer.
While 2022 was a post-pandemic boom year for hotel demand in much of the world, total global hotel investment volume decelerated slightly to $71.9 billion, a decline of 2 percent…
Sage Hospitality is going it alone as it bets on lifestyle independent hotels while its peers sell out to bigger players or plan to go public. This strategy is either very sage or very dumb.
Small groups, such as wedding parties, want to mingle, but most hotels don't make it easy. Meanwhile, vacation rentals often lack professional hospitality services. So many group travelers are seeking better lodging options.
The Government of Singapore Investment Corporation has acquired a majority stake in Sani/Ikos Group, a luxury beach resort group in the Mediterranean, for an undisclosed amount.
Few people have the pulse of U.S. hotel dealmaking as does Kevin Davis of the advisory service JLL. So it's striking that he sees growing investor interest in hotels with limited amenities and staff.
For hoteliers in slow-to-rebound U.S. markets, forced sales will be more likely as costs and debts rise. That's one of a few insights from the top boss of First Hospitality, which is an active owner and manager.
The Aman brand is not your billionaire father's ultra-luxury hotel. But can the brand retain its appeal with a rising generation as it scales to the size of Waldorf Astoria?