Australian hotel investment surges in 2023, on the back of improved liquidity and a strong trading recovery says JLL
Driven by improved investor sentiment, a continued trading recovery, and several landmark transactions, the hotel investment landscape in Australia experienced strong growth in 2023. Hotel investment volumes (≥ A$5m) reached A$2.43 billion, showcasing a year-on-year increase of 26% and...
Elevating Excellence: Four Seasons Embarks on the Next Stage of Strategic Global Growth
Grounded in Four Seasons history of industry leadership, our vision is to be the most aspirational luxury hospitality and residential brand through genuine and unparalleled service experiences,” says Alejandro Reynal, President and Chief Executive Officer, Four Seasons.
The Professional Tennis Players Association Unveils New Official Global Partnership with Hilton
We are thrilled to announce our global partnership with the Professional Tennis Players Association (PTPA), further extending our Hilton hospitality to some of the world's finest athletes with memorable stays at all of our 22 hotel brands," said Mark Weinstein, chief marketing officer, Hilton...
Industry leader, Alan Christie, takes on Growth & Development Role at La Vie Hotels & Resorts
In this newly created role, Alan will report to Chris Batterham, Chief Development Officer, La Vie Hotels and Resorts, and will be charged with growing La Vie Hotels & Resorts portfolio across Asia, Middle East and Africa.
Mark Leslie Announced as General Manager, Lizard Island
Celebrated Tropical North Queensland resort Lizard Island has announced esteemed industry professional Mark Leslie has been appointed to the role of onsite General Manager.
Mandarin Oriental Singapore announce the appointment of Jill Goh the property's first female General Manager
A veteran hotelier with over three decades of experience in the global luxury hospitality industry, Jill brings a wealth of expertise and knowledge in hotel operations and management to her new role as she takes reins at the newly transformed Mandarin Oriental property in the iconic Marina Bay...
Marriott International elevates Krister Svensson to drive Luxury portfolio expansion in Australia
Marriott International Inc. has appointed Krister Svensson as General Manager at W Melbourne & Multi Property Vice President, Luxury Hotels Australia. In the newly created dual role, Krister will oversee operations at W Melbourne whilst leading all luxury General Managers in Australia to...
Digital Infrastructure Is Your Smartest Budget Investment This Year
It is never easy convincing hotel owners and senior management to invest in new systems and tools at budget season. Written by: Jurgen Ortelee, Managing Director - APAC, IDeaS Revenue Solutions
Ascott’s Oakwood portfolio expands into new destinations, including cities in India, Indonesia, Malaysia, South Korea and Vietnam; as one of the fastest growing global brands in Ascott’s portfolio in 2023.
Ascott expands Oakwood portfolio by more than 20% with over 20 new signings following strategic acquisition in 2H 2022
Ascott’s Oakwood portfolio expands into new destinations, including cities in India, Indonesia, Malaysia, South Korea and Vietnam; as one of the fastest growing global brands in Ascott’s portfolio in 2023.
JLL advises on the sale of Karnmanee Palace Hotel Bangkok Thailand
JLL (NYSE: JLL) Hotels & Hospitality Group has successfully advised a private owner on the sale of a 30-year lease interest in Karnmanee Palace Hotel Bangkok Thailand sold to Urban Hospitality Group. This landmark transaction demonstrates the enduring strength of Thailand’s well-established...
