BlueCove bets on Korean Wave as value-add pays
South Korean asset manager BlueCove Investment is betting on robust demand dynamics from domestic and international travellers for the country’s hotel sector. South Korea has become one of Asia Pacific’s top-performing hospitality markets in the…
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Selina: The end? Hospitality chain facing insolvency after defaulting on loan
The hospitality chain has lost 99.5% of its value since going public, currently having a market cap of just $25 million. It is set to soon be delisted from Nasdaq after repeatedly failing to meet the exchange’s deadlines…
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Hospitality Upgrade Announces 2024 Executive Vendor Summit Annual CIO Panel and New Investment Panel
Hospitality Upgrade Magazine has announced that registration is open for its 19th Annual Executive Vendor Summit (EVS) and will be held at the Curtis Hotel in Denver, Colo., on March 26-28, 2024. The Executive Vendor Summit is a unique…
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Hotel Investing Remains Cheap as Sector’s Recovery Continues, per Analyst
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates…
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Aareal Bank Backs Starwood Capital with Financing for Premier London Hotel Portfolio
Aareal Bank has provided financing for the acquisition of a premier collection of ten hotels in London by a controlled affiliate of Starwood Capital Group…
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Globetrotters' Gold Rush: Top Urban Hotspots Entice Hotel Investors
An increase in foreign travel following the reopening of all international borders earlier this year is positively impacting the hospitality industry, with global urban markets such as London, New York and Tokyo emerging as the most appealing for…
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Singapore’s CapitaLand sells Parramatta, North Ryde hotels for $109m
Singaporean real estate giant CapitaLand has sold two Sydney hotels that form part of its $9 billion listed CapitaLand Ascott Trust for $109 million to local investors Frank and Wade Huang as it recycles capital into higher yielding investments…
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Indian hotel industry is on a tipping point of foreign institutional investments
The founder and CEO of NOESIS Capital Advisors, who’s spearheaded over a dozen hotel transactions in the last few years, analyses the reasons for India.
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