Church's Chicken Restructures Development Team

As part of the restructuring, Pete Servold, the new Executive Vice President of U.S. Operations, has taken on expanded responsibilities that include leading a newly established, dedicated domestic development team that will oversee construction, real estate, and new business.
Source: New feed

The Grosvenor House Hotel in London Sold

The Grosvenor House Hotel in London, was acquired by U.S. real estate firm Ashkenazy Acquisition Corp on 6th July 2017 in what constitutes the most significant single asset hotel deal in U.K. history. Financial terms were not disclosed.
Source: New feed

HVS Report – Key Takeaways – SEAHIS 2017

Key takeaways from the South East Asia Hotel Investors’ Summit include recurring themes throughout the region such as the rise of the millennial generation, the experience economy and the effects of political instability on regional outlook.
Source: New feed

AC Hotel Bella Sky Copenhagen, Denmark Sold

JLL has worked with Sadolin & Albæk to advise Danish private equity firm Solstra Investments A/S on the sale of the AC Hotel Bella Sky Copenhagen, the largest hotel in Denmark, to Norwegian investor Wenaasgruppen.
Source: New feed

Mantra Epping Hotel Melbourne Announced for 2019

Located right near Melbourne’s new wholesale fruit, vegetable and cut flower market and The Northern Hospital, construction is due to start in the latter part of 2017 with opening scheduled for mid-2019.
Source: New feed