hotel conversion
BLVD Hospitality and ESI Ventures to Relaunch The Georgian in Santa Monica
BLVD | October 13, 2022
[Los Angeles, California – October 13, 2022] - BLVD Hospitality, in partnership with ESI Ventures, has revealed plans for the re-launch of Santa Monica’s historic, iconic hotel, The Georgian, unveiling in January 2023. Located on Ocean Avenue perched above the Santa Monica waterfront, The Georgian has been a fixture of the Southern California coastline since it first opened in 1933. Seeing several iterations over the years, regular guests to the hotel and world-renowned restaurant, the Red Griffin, ranged from Hollywood stars Charlie Chaplin, Clark Gable and Marilyn Monroe to First Mother Rose Kennedy. BLVD acquired the landmark hotel ...
Partners Group and Trinity Investments Sign Management Deal With Marriott International
Partners Group | October 12, 2022
Joint Venture Will Convert Four Seasons Dallas to The Ritz-Carlton Las Colinas Managed by The Ritz-Carlton DALLAS--A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), today announced that it has signed a management agreement with Marriott International, Inc. (“Marriott International”), to expand The Ritz-Carlton brand in the Dallas Metroplex in 2024. Earlier this year, the joint venture acquired the Four Seasons Resort Dallas at Las Colinas, a 431-room luxury h...
IHG Signs New voco Hotel in Paris – voco Paris Porte de Clichy
IHG Hotels & Resorts | October 12, 2022
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is delighted to announce the signing of a new voco hotel in Paris - voco Paris Porte de Clichy. One of IHG's newest and most successful brands, the global expansion of IHG’s fastest growing upscale brand has happened at a faster pace than any other IHG brand. With each hotel standing out from the crowd and giving people a different choice, guests feel comfortable to relax. France continues to be a prime national market for IHG in Europe with 64 open hotels and a further 18 hotels in the pipeline. With conversions playing an instrumental role in this growth, vo...
IHG Signs With Grape Hospitality for Five Conversion Projects Across Southern Europe
IHG Hotels & Resorts | September 27, 2022
IHG Hotels & Resorts, one of the world’s leading hospitality companies, today announces a multi-property development agreement with Grape Hospitality for five conversion properties in prime European destinations. The five properties include voco Madrid Centre Retiro – a market debut for the voco brand in Spain; three Hotel Indigo properties in Florence, Italy; Bordeaux, France; and Barcelona, Spain, respectively, and Crowne Plaza Madrid Centre Retiro. All three brands are going from strength to strength; the Hotel Indigo brand now boasts 40 open hotels in Europe with a further 19 in the pipeline; voco has expanded to 15 open ho...
Red Roof Converts Red Roof Inn in Metropolitan Birmingham, Alabama to Red Roof Plus+ & Suites
September 1, 2022
Columbus, Ohio – September 1, 2022 – Red Roof®, the leader in economy lodging, announced the opening of the Red Roof PLUS+ & Suites Birmingham - Bessemer, located at in metropolitan Alabama at 4985 Academy Court in Bessemer, Alabama. Formerly a Red Roof Inn, the Red Roof PLUS+ & Suites Birmingham - Bessemer is a 66-room hotel conveniently located off of I-20 with easy access to I-459. The hotel features interior corridors and offers free in-room Verified Wi-Fi™ in every room, a free expanded cable package, business center, coin laundry, a snack center and free coffee in the lobby. All guest rooms are non-smoking and Red...
AKA Debuts in Boston With the Opening of Hotel AKA Back Bay
AKA | August 18, 2022
BOSTON, MA – August 18, 2022 – AKA, global leader in luxury hospitality, continues its strategic growth with the announcement of Hotel AKA Back Bayn Boston, MA. Previously the Loews Boston Hotel, the 225-room property will undergo a design refresh, all while open for stays, to ensure facets of AKA are infused into the hotel. Hotel AKA Back Bay will offer a sophisticated design, lifestyle amenities and accommodations with the sense of home in mind. It will serve as the perfect destination to meet the trend of the “bleisure” traveler who is visiting for a business meeting and has the desire to extend their trip for a few extra days to...
Hotels Are Finding Room for Co-Living Spaces
JLL | August 9, 2022
Co-living projects are on the rise in converted hospitality properties amid a hunt for rental growth Hotels are increasingly being turned into co-living spaces in markets where institutional investors are hunting for cheaper alternatives to residential conversions and high rental growth potential. In June, a US$200 million joint venture between asset manager PGIM Real Estate and co-living operator Weave acquired Rosedale Hotel in Kowloon, Hong Kong, with the intention of converting the 435-key property into a co-living property. Meanwhile, in Singapore, real estate management firm LHN Group has invested S$90.5 million (US$65.5 million)...
Premier to Partner With Blueprint Hospitality to Transform Historic Office Building Into San Antonio Hotel
Premier | May 11, 2022
DALLAS, TX, MAY 11, 2022 – Premier, an end-to-end architecture, design, procurement, and capital management firm, is pleased to announce that the firm will lead the redevelopment and conversion of the former CPS Energy headquarters to a hotel property in San Antonio. In partnership with Blueprint Hospitality, Premier will spearhead the project from design to completion using their expertise and full suite of services, including interior design, architecture, procurement, project management, and capital management for the historic conversion. “We are excited to be partnering with Blueprint once again for this new project in San Antonio,...
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