Looking to finance your hospitality development projects? You might be overlooking some critical elements required to entice potential investors.
Posts by Trica JeanBaptiste
Next week the capital markets and hospitality industry leaders will converge upon New York City for the annual NYU Investment Conference from June 4 Ð 6, 2017. The conference is one of the most important investment conferences in the hospitality and financial sectors.Ê
The most exciting trend happening in real estate development right now is the emergence of the LIVE, WORK, PLAY, WELLNESS master plan communities springing up in secondary and tertiary markets.Ê These communities encompass all sectors of real estate.
We are very familiar with the resort, vacation and fractional markets, and have witnessed tremendous expansion in the way of international four and five-star hospitality brands developing resorts, fractional vacation ownership assets and private residence resort clubs. As with all things hospitality, the resort, vacation and fractional sectors continue to evolve.Ê
It is clear the hotel industry is evolving; quickly before our very eyes. We are witnessing the winds of change; change in ownerships, strategy, brand concepts and growth. There is an evolution taking place within the industry no one seems to notice or report.
All eyes have been on the mergers and acquisitions of hotel brands,Êsuch asÊStarwood Marriott, Accor’s acquisition of Fairmont, Raffles and Swissotel, but the trend no one is reporting or talking much about is the influx of new hotel brand concepts. Specifically, hotel brand concepts tied to retail, sports and/or iconic historic figures seeking investors to launch.
Over the past couple of years, we have witnessed the mergers and acquisitions of not only iconic hotel brands and resorts, but independent boutique hotels and resorts as well. What is interesting to note in these transactions is ownership. Owners and owning companies are now institutional.
As competing hospitality companies become one; adversaries are now partners and colleagues. What if hospitality consultants and executives competing against each other joined forces?