Gilda Perez-Alvarado receives 2021 Castell Award
Officials of Castell Project Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry have named Gilda Perez-Alvarado, global CEO, JLL Hotels & Hospitality, as the recipient of…
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Hotel Investors: 'Now Not Time to Play Hero'
Usually deemed to be bedrocks of nerve and insight, investors also have been on a rocky road through the COVID-19 crisis, but success in real-estate investment in the hotel industry continues to rely on flexibility, constant analyses of strategy and…
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In $17 billion deal, MGM Resorts sells stake in real estate company
A $17 billion deal announced Wednesday consolidated many of Las Vegas' biggest hotel-casinos under one real estate company.
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Preferred launches hotel buyout experiences
To meet the growing demand for private and secluded getaways, Preferred Hotels & Resorts has the launched the WHERE NEXT? Buyouts—the second phase of its global WHERE NEXT? campaign.
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Hotel developer still under active investigation into conduct as director
THE developer behind the stalled George Best Hotel project in Belfast is still under active investigation by the Department for the Economy over his conduct as director in the lead up to the company falling into administration…
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Hotel Construction Is Up in Europe, but Projects Could Take Longer
Europe Is Only World Region With Increase in Hotel Construction…
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Owner Tracy Prigmore Talks Diversity, Representation & Early Exposure to Hotel Ownership
To be globally successful, Hilton must be locally successful, one hotel at a time, working together with a diverse array of owners who reflect the communities and guests we serve…
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This report shares anticipated investor trends accelerated since the onset of the pandemic
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European Hotel Investment Market 2020: surprisingly optimistic results
February 2021 – today, nearly a year into our days of forced telecommuting and videoconferencing, the words ‘impact of COVID-19’ continue to ring in our ears…
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RobertDouglas: Lenders Express Optimism, Anticipate Increase in Hotel Lending Volumes and Values
RobertDouglas conducted its eighth annual lender survey to measure the current state of financing market conditions and to ascertain critical future expectations through the lens of the specialist hospitality lending community…
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The Fire Sale That Never Happened
Expecting a tidal wave of distressed selling and recapitalizations at 30-50% discounts to pre-COVID values, the private equity industry raised an unprecedented amount of capital in the early months of the pandemic…
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Casino mogul and political donor Sheldon Adelson dead at 87
Billionaire casino magnate Sheldon Adelson, whose gambling and hotel businesses turned him into a major political power broker in the US and Israel, has died.
He was 87.
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Incoming Aimbridge CEO says scale, culture a winning formula
As of January 1, 2021, industry veteran Mike Deitemeyer takes over as president and CEO at Aimbridge Hospitality in the midst of an extended growth phase…
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What is Hotel Operator Selection? The Operator Selection Process
Operator selection is undertaken by developers and owners for the appointment of the hotel management operator. The process involves candidate identification, screening, and contract negotiations, generally together with the owner's legal counsel…
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By James Houran, Managing Director at AETHOS Consulting Group, Co-authored by Saree Mansbach
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UK hotel investors consider long-term goals, risk
With London in the dumps in terms of demand and revenue, the U.K. investment scene has been flipped on its head, but investors remain focused on long-term assets even though risk, bad players and valuations muddy the waters…
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Driftwood Capital gears up for ‘tsunami of deals’
Driftwood Capital expects a wave of distressed assets to hit the market within the next three to six months as government funding runs out…
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Gavin Royster: In Light of Pandemic, New Markets Emerge for Hotel Development
Although the coronavirus pandemic brought the tourism industry to a grinding halt, certain areas of the hotel development sector have continued to progress despite the disruption brought on by the virus…
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