Sir Richard Branson offered only a few more details on the launch of his latest brand, Virgin Hotels, but the engaging entrepreneur captivated approximately 2,000 attendees during the keynote address Tuesday at the Americas Lodging Investment Summit in San Diego.
Coming on the heels of last year’s deal to franchise Planet Hollywood hotels, Wyndham Hotel Group has followed with a similar arrangement with Chatwal Hotels & Resorts for exclusive rights to franchise and manage its Dream and Night boutique hotel brands globally.
The return of the hotel transaction market has taken longer than expected, but a splash of high-profile acquisitions and a potential wave of distressed assets coming to market have many believing the dam is about to burst.
“Hi, do you want to buy a Ritz-Carlton in Dearborn, Michigan?” When veteran hotel broker John Jameson posed that question to prospective buyers this spring on behalf of seller Host Hotels & Resorts, the response he received over and over again was “no”.
Drawing on the views of more than 100 investors Preqin Investor Outlook: Real Estate, H2 2015, provides a unique and in-depth look at the appetite, plans, expectations and concerns of institutional investors active in the real estate asset class....More
The stars appear to be lining up in favor of a bull run in the seniors housing sector. Exclusive results from a study conducted jointly by NREI and the National Investment Center for the Seniors Housing & Care Industry (NIC) shows that respondents are optimistic on their outlook for the sector....More