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JLL U.S. Hotel Market Overview

JLL | June 4, 2019

JLL Hotels & Hospitality just issued its latest U.S. hotel market overview, projecting that 2019 U.S. hotel transaction volume will total $34.0 billion. The hotel sector is experiencing moderated but continued growth and we anticipate 2019's ADR forecast to increase by 2.4 percent and RevPAR to increase 2.3 percent. Depending on investment strategy, there are many strategic investment opportunities across a variety of core and secondary markets. For example, cities such as New York, San Francisco and Los Angeles with increased liquidity are able to weather cyclical changes while secondary markets like Louisville, Atlanta and Pittsbu...

The Rise of Nomadism and How Travel and Hospitality Are Responding

David Ryan | May 13, 2019

By David Ryan "The question you should be asking isn't, "What do I want?" or "What are my goals?" but "What would excite me?" Tim Ferriss Like the overall theme in Tim Ferriss's best seller "The 4 Hour Work Week", more and more people are becoming dissatisfied with spending their lives seemingly stuck in one place, working at the same job for years, while yearning for true experiences that connect deep in their soul. Following the great recession of 2008 and the increased effect of globalization, more and more people have the opportunity to combine travel and work. Who wouldn't want the chance to combine travelling, working, meeting new...

How Hotels Are Meeting the Demand for Quality Meeting Space

JLL Real Views | May 9, 2019

Whether they're hosting a conference for 300 out-of-town guests or an away-day for a 30-strong team from a local company, hotel meeting and event spaces are in high-demand. The global market for meetings and events is currently growing at seven percent per year, in turn driving up prices for meeting space across North America, Asia, and Europe. Yet not all facilities are in the same league. As hotels look to gain the edge in winning new and repeat business, many are considering how they can modernize, refresh or add to their meeting and events spaces to extend their appeal to companies and business travelers. "Tired, old facilities won'...

Park James Hotel Appoints Marigene Mabalot as Director of Food & Beverage and Simona Oliveri as Executive Chef

Park James Hotel | May 7, 2019

MENLO PARK, CA (May 7, 2019) — Park James Hotel, managed by broughtonHOTELS, announces the appointments of Marigene Mabalot as Director of Food & Beverage and Simona Oliveri as Executive Chef. Both bring extensive hospitality and culinary expertise to Park James Hotel and Oak + Violet restaurant. As the new Director of Food & Beverage Marigene Mabalot oversees all day-to-day food and beverage operations for Park James Hotel including the management of Oak + Violet, O+V Courtyard, and the cocktail curation at the Park James lobby bar. As Executive Chef Simona Oliveri handles all culinary operations for the property including me...

Why Lifestyle Hotels Are Not Just for Millennials

JLL Real Views | May 6, 2019

Lifestyle hotels may tick all the boxes for millennial travellers but they're not the only generation drawn to their mix of contemporary design, nods to local culture and good wifi connections. In recent years, they've become an increasingly popular choice among travellers across all age groups – by combining the personalised touches and high-quality service of a boutique hotel with the convenience and reliability of big hotel chains – while operating at a premium price point. As lifestyle brands such as Indigo by the InterContinental Hotels Group, Aloft, Moxy and W under Marriott, as well as Andaz by Hyatt pop up across the...

What Hotels Can Learn From Delta Airlines About Personalized Guest Engagement

Doug Kennedy | May 3, 2019

By Doug Kennedy My career as a hotel industry trainer and conference speaker keeps me on the road nearly every week, so I try to take advantage of every available travel perk. Living in the Ft. Lauderdale / Miami area, I am fortunate to have two major airports within 35 minutes, and with this being a popular tourism destination there is a wide selection of non-stop flights. Therefore, I cannot always remain loyal to just one airline because it's hard to justify wasting time taking a connecting flight, or perhaps spending an extra night on the road, just to earn miles. As a result, I have premium status with several airlines each year. I...

Revisiting the Public Ownership of Convention Hotels

the authors | May 2, 2019

By Gregg Rockett and Jeff Sachs Part Two: In support of public authorities that choose to own convention hotels – from professionals in the trenches. Introduction Part one of this article reviewed the controversy surrounding the public ownership of hotels and highlighted the opposition's principal arguments, which has several decades of academic and journalistic documentation. One would think that a reaction to overwhelmingly negative literature would discourage the public sector from pursuing the outright ownership of hotels, and this may have muted some initiatives. However, municipal jurisdictions in the United States continue ...

Hamilton Hotel Investors and Centerbridge Partners Complete Acquisition of Belgian Nine-Hotel Portfolio From WNE

Hamilton Hotel Partners and Hamilton Hotel Investors | April 15, 2019

LONDON, April 15, 2019 - Hamilton Hotel Investors and Centerbridge Partners have completed the acquisition of a portfolio of nine hotels located in Belgium and France from WNE Investor S.À R.L. The hotels comprise 1,120 keys in total and are located in some of Belgium's key commercial and tourism destinations (Antwerp, Hasselt, Ghent and Liege) and Calais in France. Five of the nine hotels operate under the Holiday Inn and Holiday Inn Express brands, and Hamilton Hotel Partners will assume management of the portfolio going forward. "We are excited to acquire the Brabo hotels and to work in close partnership with the team at Hamil...


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