Alex Sogno, CEO, Global Asset Solutions, discusses the role of asset management amidst the growth of third-party operators in Asia.
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Institutional capital buying into ultraluxury
Family offices and high net worth individuals have dominated investment in small, ultraluxury hotels for years. But Ad Altius CEO Thomas Brown says that is starting to change with institutional capital recognizing the value of scarcity and since…
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Hilton CEO Sees ‘Opportunity’ For Hotel Acquisitions
Hilton executives said Wednesday that acquisitions are possible – a shift from the past 16 years when it has focused on creating new brands rather than buying up existing ones…
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I reluctantly agreed to do this end of the year preview in that the uncertainty barometer is near the top of the scale…
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Investment fund buys well-known four-star Malaga city centre hotel
As well as the 102 room Molina Lario, Meridia V has also acquired the Gallery hotel in Barcelona from the Gómez Casals family.
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Deerfield hotels sold at painful prices for sellers
Sales of two Deerfield hotels this month dealt painful financial blows to the sellers, highlighting suburban hotels' diminished values amid higher interest rates and business travel's slow recovery.
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Iconic Sydney CBD hotel The Republic sold for circa $40m - JLL & Savills
A trophy pub Sydney CBD, sold for circa $40m with the selling agents, JLL Hotels & Hospitality Group and Savills Australia & New Zealand describing the sale as one of the most significant pub sales thus far in 2023…
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