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Where’s the New York City Hotel Market? Apparently showing ongoing signs of recovery… 1 Hotel Central Park sold yesterday for just above $1 million per key. According to New York City sales records from 2023 and 2024, upper-end hotels (Mondrian, The William Vale, and 1 Hotel Central Park) are trading between $800K and $1 million per room. Mid-market properties (like Hampton Inn, Hilton Garden Inn, and Doubletree) ranged from $400K to $600K per room. Distressed sales (the Roger Smith, Row NYC) were around $200K per key. Is the landscape shifting? What are your thoughts? #NewYork #Hotel #Hospitality #RealEstate #PrivateEquity
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Building the next wave of hospitality | boutique hotels | female leadership | hotel investment and development | extraordinary event production
I'm really passionate about the topic of bringing the true essence of HOSTING back to hospitality. In my opinion, we have gotten carried away with modernity and it's time to bring balance to the way we create hotel experiences. 📽 on stage at The Boutique Hotel Investment Conference by BLLA - Boutique Lifestyle Lodging Association #boutiquehotelinvestment #hoteliers #hotelinvestment #commercialrealestate #hoteltechnology #hospitalitytechnology
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You talk about Nuclear (meaning only Fission) and fail to talk about fusion. https://lnkd.in/ge_aeX7M You are, as the nuclear fission industry is, ignorant of what's happening around you. Pull your uranium heads out, start adjusting your industry to fusion energy and start preparing to enter the commercially growing fusion energy industry. As it dawns on Earth like the sun. Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. https://lnkd.in/gbd_mZqk Commercial fusion electrical generation is a promising and innovative method of producing sustainable and clean energy. By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now see what news is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fission fuel shortage is increasingly real, as linked below. https://lnkd.in/gze5rwpr
NEW dates. BIGGER hotel. The 2024 ANS Annual Conference is now June 16-19 at Mandalay Bay Resort and Casino in Las Vegas, NV. You can bet it will be an experience like no other! Register and book your hotel room now: https://zurl.co/s4JO
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The hospitality market in Naples, Florida has been booming, with recent reports showing hotel occupancy has surpassed the national average over the last year. Following robust demand, Naples has seen an increase in developments currently under construction, including The Athens Group’s Naples Beach Club, opening next year. According to Jay Newman, Principal and Chief Operating Officer for The Athens Group, "Naples is in the midst of a renaissance, as more and more people discover this very desirable and attractive community to visit, live and work… Its smart growth, beautiful beaches, wonderful restaurants, and world-class cultural and recreational offerings and experiences have further elevated Naples as a sophisticated, but relaxed destination." Read the article linked below for more information on the 1,100 new hotel rooms being added to the Collier County hospitality scene in the next few years. #hotel #hospitalityindustry #NaplesFlorida #CollierCounty #hospitalityboom #newdevelopments #hotelopening https://lnkd.in/em_AasVV
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Here is a short presentation showing the different ways to find investors for your hotel project, and why My Hotel Project is the perfect answer to your needs. #hotelproject #hoteldevelopment #hospitality #hotelinvestors
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Counsel Wendy Hansen authored an article for Hotel Executive that discusses the important role of branded residences as part of new luxury hotel developments. To ensure a successful project from the outset, Wendy explains that it is important to understand and plan for the structure that defines the relationship between the hotel and residences. This article discusses key legal considerations in the lifecycle of a hotel and branded residential development – from the initial framework, to operations and termination. #RealEstate https://lnkd.in/ev5vkPME
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Lobby is almost done at the Hotel we are doing in Miami , Florida. #hotelservices #hotelrenovation #hotelconstruction #hotelinteriors #hotelforsale #hotel #hotelinvestments #hotelfurniture #hotelsupplies #multifamilyconstruction #multifamily #propertymanagement
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