Jolyon Bulley became IHG's CEO of the Americas in July. He aims to bring a “China speed” pace to luxury and lifestyle hotel growth in the group’s largest region.
Given a string of bad luck events, it can seem like Ace Hotels is a jinxed brand. But any visit to its properties in New York, New Orleans, or LA will reveal an electric vibe that's a reminder it can be salvaged and taken to the next level.
JLL has released an investor's guide to lifestyle hotels, a fast-growing category. Plus, other highlights from this week's news in hotel deals and development worldwide.
Smaller owners of hotels are finding it tough to compete against giant players like Host. The Hersha takeover may not be the last opportunistic move by private equity we see in the lifestyle hotel segment.
The founders are trying to retain the community feeling they established in Brooklyn at properties in the Catskills and East Nashville — and another set to open in Denver this winter.
This all about the luxury sector, as Hyatt gains the UK-based agency's 1 million higher-spending members and could double the number of boutique and luxury properties it offers.