strategic industry partnerships
Sandpiper Hospitality Continues Strong Growth in 2021
Sandpiper Hospitality | February 28, 2022
Richmond, VA – February 28, 2022 – Sandpiper Hospitality – a Virginia-based hotel management company with vast expertise in the extended stay segment – continued to enjoy a strong growth trajectory in 2021, with hotel revenues up 36 percent while also adding two strategic new industry partnerships. In 2021, Sandpiper Hospitality achievements included: Hotel Revenue increase of 36 percent from 2020 to 2021, approaching $100 million Hotel GOP increase of 47 percent from 2020 to 2021 Addition of two key new brand partnerships - Suburban Extended Stay Hotel by Choice Hotels & multiple brands with Wyndham Hotels ...
Tikehau Capital and Le Groupe de l’Hôtellerie Acquire Two Hotels in Paris
Tikehau Capital | June 6, 2019
PARIS -- June 6, 2019 -- Tikehau Capital (Paris:TKO), the alternative asset management and investment group, with Le Groupe de l'Hôtellerie, the hotel management, investment and development specialist, acquire two hotels in central Paris through Tikehau Capital's Real Estate value-added fund. The Hotel Corona Opéra and the Hotel Touraine Opéra are both three star hotels with a combined capacity of 97 rooms. These hotels are located in the historical 9th district of Paris, close to the Paris Opera and the large department stores. Built during the 19th century, the hotels have strong potential for development while the hospitality and lei...
