hotel portfolio
Meyer Jabara Hotels Sets New Investment Course; Hires Ian McAuley as Chief Investment Officer
Meyer Jabara Hotels | February 26, 2024
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H.I.G. Realty Establishes a €1 Billion Resort Hotel Platform in Southern Europe Under the Ella Hotels & Resorts Brand
H.I.G. Capital | February 6, 2024
LONDON--H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that several of its affiliates have combined their hotel assets to create Ella Hotels & Resorts (“Ella”). Ella is a luxury, lifestyle and hotel group operating a collection of sustainable “eco-chic” resorts across Southern Europe. Following a phased development and refurbishment plan, Ella’s portfolio will be comprised of 13 hotels with a total of 4,500 rooms, located in five of Greece’s key tourist destinations. It is projected that Ella's current portfolio will command a ...
Sonder Holdings Continues to Expand in EMEA, Adding 5 New Properties in France, Italy, and Spain
Sonder | July 12, 2023
LONDON--Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, continues to expand in Europe, adding 5 new properties to its existing portfolio of 54 properties across key travel destinations in EMEA. France In Paris, Quintinie opened in June, becoming Sonder’s fourth live property in the city. Located in the 15th arrondissement, the hotel is close to attractions such as the Tour Montparnasse and Le Musée de la Poste. It features thoughtfully designed rooms which reflect the city’s creativity and eclecticism. It joins ...
CoralTree Hospitality Expands Colorado Collection of Hotels & Resorts With Addition of Hotel Columbia in Telluride
CoralTree Hospitality | June 14, 2023
DENVER – June 14, 2023 – Tom Luersen, president of CoralTree Hospitality, today announced that the company is expanding its collection of hotels and resorts in Colorado with the addition of Hotel Columbia in Telluride. The company currently manages three properties in Colorado including Magnolia Hotel Denver, The Eddy Taproom & Hotel in Golden and The Hotel at the United States Air Force Academy in Colorado Springs, which is scheduled to open in 2024. The 21-room Hotel Columbia sits in the heart of downtown Telluride. The hotel is conveniently located adjacent to the free gondola that provides access to Mountain Village and the ski...
Banyan Investment Group Rebrands as Satori Collective
Satori Collective | March 27, 2023
ATLANTA--Officials of the former Banyan Investment Group today announced that the firm is rebranding as Satori Collective, an investment management firm focusing primarily on hotel property investment. Additionally, the company has spun off its property management platform to become Aperture Hotels, an independent, third-party hotel management company. Moving forward, Satori and Aperture will work independently of one another. “Satori is a Buddhist term meaning ‘awakening and deep understanding,’ which is how our team approaches commercial real estate investment,” said Andy Chopra, co-founder and managing partner, Satori. “With m...
IHG Signs With Arabella Group to Develop Three New Hotels in Egypt
IHG | March 23, 2023
The signing will add three hotels to IHG’s country portfolio across brands including InterContinental, voco and Crowne Plaza 23 March 2023, Egypt: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Arabella Group to develop three new hotels in Egypt between 2023 and 2026. The hotels — InterContinental North Coast Direction White, voco Cairo Arabella Plaza Cairo, and Crowne Plaza Cairo Arabella Clubhouse — will see IHG add over 500 keys to its Egypt portfolio in response to the growing demand for luxury resorts and premium hospitality options in the North African c...
The St. Joe Company Plans to Open 5 New Hotels in the First Half of 2023 Adding 646 Keys to Portfolio
The St. Joe Company | March 9, 2023
PANAMA CITY BEACH, Fla.--The St. Joe Company (NYSE: JOE) (“St. Joe”) anticipates completing and opening five new hotels in the first half of 2023. These hotels include The Lodge 30A, an 85-room boutique hotel located on Scenic Highway 30A that opened in February. Over the next four months the Company anticipates opening the 255-suite Embassy Suites by Hilton Panama City Beach Resort; the waterfront 124-room Hotel Indigo Panama City Marina; the 107-room Home2 Suites by Hilton Santa Rosa Beach; and Camp Creek Inn, a 75-room boutique hotel overlooking Camp Creek golf course. Once complete, these properties will more than double the number of...
Island Hospitality Management Expands Portfolio With 14 Additional Hotels
Island Hospitality | March 7, 2023
WEST PALM BEACH, Fla., March 7, 2023—Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale extended-stay hotels in the United States, announced today that the company added 14 hotels to its third-party management portfolio, as well as opening its third Toasted Barrel restaurant, during 2022. "Island Hospitality had another fantastic year in 2022, as we added 14 additional third-party owned hotels to our ever-expanding portfolio," said Gregg Forde, president and COO, Island Hospitality Management. “These additions strengthen our presence in multiple markets, including Cali...
