Development

Courting conversions

The current pace of hotel conversions “has started to pick up” with owners, developers and investors now looking at this path vis-à-vis PIPs, according to Michael Cummings, senior vice president and divisional leader within the CBRE Hotels Advisory…
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It’s official: Starwood Hotels is back

Starwood Capital Group put out a press release on Wednesday with quotes from Chairman Barry Sternlicht announcing the official relaunch of Starwood Hotels, rebranding from SH Hotels & Resorts with more than 40 properties open or in development…
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US investors in Europe: short or long stay?

With the news that the world’s largest real estate investor, Blackstone, is exploring options to divest Spain-based Hotel Investment Partners (HIP), market watchers might be wondering if the US private equity love affair with European hospitality is…
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Marriott marks record year of growth in APEC

2024 signalled a strong year of growth for Marriott International, particularly in Asia Pacific excluding China (APEC). With a record 109 deals across 11 markets, contributing 21,439 rooms to APEC's development pipeline, Marriott closed the year…
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