The July’s Post

📊 Texas Hospitality Boom: 14,000+ Hotel Rooms by 2026 Texas is leading the way in hotel construction, with major markets like Dallas, Houston, Austin, and San Antonio driving growth. Here’s what to watch: Dallas: 5,500+ rooms under construction, including The Knox, a highly anticipated luxury property offering 48 ultra-luxurious condos and top-tier amenities. Houston: Bunkhouse Group’s Hotel Daphne and Hotel Saint Augustine are set to elevate Houston’s hospitality scene. Austin: 1 Hotel will occupy the tallest tower in Texas, blending luxury hospitality with residential and retail components. San Antonio: The Monarch San Antonio will bring 200 rooms to the city’s HemisFair Park with stunning views of Civic Park and the downtown skyline. For commercial real estate professionals, these developments signal a strong demand for luxury hospitality while offering new investment and partnership opportunities. What’s your take on Texas’ hospitality pipeline—sustainable growth or overambitious expansion? #CRELI #HotelDevelopment #HospitalityGrowth #CRELeadershipInstitute ARTICLE: https://lnkd.in/gVpBYemU

A boutique hotel proposed for Rose Bay would become the first dedicated accommodation of its kind in the suburb. Wang Management has lodged a development application with Waverley Council to turn 483 Old South Head Road, 7km east of the Sydney CBD, into a three-storey mixed-use building featuring 19 boutique hotel rooms and a ground-floor retail tenancy writes Vanessa Croll. Find out more here | https://zurl.co/idJ5 #RoseBay #Sydney #CBD #City #BoutiqueHotel #MixedUse #Waverley #Accommodation #Retail

According to CoStar Market Reports for Green Bay. Green Bay hosts 52 of the 620 hotels in the Wisconsin North market, features an average hotel size of 95 rooms, larger than the regional average. Its occupancy rate of 54.0% surpasses the market average of 51.4%, though its RevPAR has declined by 3.2% year-over-year, consistent with the broader market trend. The submarket is currently stable with minimal new development and modest recent construction, including 250 new rooms offset by the demolition of a 64-room hotel. While Green Bay isn't highly active in hotel trading, recent investment activity has exceeded its three-year average. Don't hesitate to comment if you have insight, questions, or concerns. Much appreciated! #hoteliers #commercialrealestate #realestateinvestment #milwaukee #hospitality #hoteliers #commercialrealestate #wisconsin #hospitalityexcellence #wisconsinrealestate

Miami Real Estate Partner Steven J Wernick, Esq. AICP was featured in Brian Bandell's South Florida Business Journal article, "Wynwood Walls Creator, Developer Partner on Hotel, Condo Building." The article discusses the anticipated mixed-use project by Whale & Star Wynwood LLC in Miami's Wynwood Arts District, including 214-unit hotel, 87-unit condominium, and 11,000+ square feet of retail/restaurant space. Wernick, who represents the developer in the application, said the hotel component would be branded and operated by Cloud One Hotels. There's been an explosion of apartment, office and retail development in Wynwood in recent years. While it's a popular tourist destination, not many hotels have been completed. "With the amount of foot traffic and the millions of people coming through Wynwood every year, there is clearly more demand for hotels," Wernick said. "There is a significant amount of cultural tourism in Wynwood." Read more: https://hubs.ly/Q02P5whd0. #SouthFlorida #RealEstate #FLLawyers #RealEstateLaw #LandUse #AdaptingToChange

Enhance Your Portfolio: Prime Serviced Apartments in Mayfair W1 A rare opportunity to acquire a boutique block of 10 x serviced apartments in Mayfair. Rising Demand for Serviced Apartments: The demand for serviced apartments in London has seen a significant uptick in recent years, driven by both business and leisure travellers. According to recent reports, the serviced apartment sector has outperformed traditional hotels, as many guests prefer the flexibility, privacy, and additional space that these accommodations offer. The Rarity of Mayfair Serviced Apartments Acquiring serviced apartments within the square mile of Mayfair is a rare opportunity that not many can seize. The limited supply of high-quality serviced apartments in Mayfair makes this offering even more valuable. The potential for capital appreciation in serviced apartments is significant. As the area continues to evolve with new developments and a commitment to maintaining its elite status, investing in serviced apartments here not only promises immediate returns but also positions investors well for future growth. Get in touch to discuss Super Prime Mayfair opportunities. #MayfairLuxury #ServicedApartments #LondonRealEstate #ExclusiveInvestment #LuxuryLiving #MayfairInvestments #PrimeLondon #BoutiqueLiving #LuxuryApartments #RealEstateOpportunity #InvestInMayfair #LondonLuxury #PropertyInvestment #MayfairProperty #LondonServicedApartments

Maples Teesdale advises Firethorn Trust on the purchase of Malmaison York boutique hotel Maples Teesdale have advised UK real estate investor Firethorn Trust on the acquisition of the Malmaison York boutique hotel in North Yorkshire for an undisclosed sum. The 29,000sqft asset on Rougier Street is occupied by Malmaison under a 35-year lease, with a current rental income of £2.1m (€2.5m) per annum. Following an extensive redevelopment in 2021, the 150-room hotel now boasts a rooftop sky bar offering panoramic views of the city. The hotel also features a spa and gym, meeting pods, co-working areas, conference rooms and an events space that can cater for up to 180 people. Marcus Weeks, director and head of living at Firethorn Trust, said: “Malmaison York is a high-quality asset that will perform well and create long-term value for us, whilst strengthening Firethorn’s presence in the living space. “It’s a fantastic addition to our investment portfolio and complements our wider development strategy to deliver high-quality spaces in great locations that enable people and places to thrive. We have an appetite and ability to pursue opportunistic transactions, and look forward to continuing our growth within the living sector.” Chris Xitsas, Head of Living and Life Sciences at Maples Teesdale, said “This off-market deal shows Firethorn’s strengths in identifying the right opportunities and delivering effectively on their strategies. We have seen hotel investment values prove resilient this year, and with leisure and corporate travel expected to be back to pre-pandemic levels by 2025, it bodes well not just for this asset but also the living sector more widely.” The Maples Teesdale team was led by commercial property partner Chris Xitsas, with assistance from senior associates Holly Stylianou and Alex Watkins. Construction advice was provided by partner Sam Nichols and associate Laura Johnson. #commercialrealestate #livingsector #hotels #investment #commercialproperty https://lnkd.in/ea_rXGqu

Peachtree Group Breaks Ground on Residence Inn by Marriott in San Antonio! Exciting news from the Lone Star State! 🛠️ Peachtree Group has officially started construction on the Residence Inn by Marriott in downtown San Antonio, just steps away from the iconic Riverwalk. Scheduled to open in Q2 2026, this 171-room extended-stay hotel will cater to business travelers, families, and long-term guests with: ✅ Fully equipped kitchens ✅ Spacious living areas and workspaces ✅ Onsite fitness center ✅ Flexible meeting rooms ✅ Outdoor gathering spaces ✅ A Caribou Coffee outlet "San Antonio is a unique market with a growing need for extended-stay hotels," said Greg Friedman, managing principal and CEO of Peachtree. "The Residence Inn will cater to the diverse demand drivers of San Antonio, including its thriving tourism sector and extensive corporate presence. Positioned within easy reach of the city's popular attractions, restaurants, and business hubs, this hotel will provide guests with a prime location for both work and leisure." This project, located in a Qualified Opportunity Zone, highlights Peachtree’s commitment to community revitalization. It also builds on the company’s recent milestones, such as the groundbreaking of the dual-branded AC Hotels by Marriott and Moxy Hotels in Uptown Dallas. Read more about the announcement here: https://lnkd.in/e3CMJcd9 #PeachtreeGroup #Marriott #ResidenceInn #Hospitality #SanAntonio #Riverwalk #CaribouCoffee #CommunityRevitalization

Firstly, Look forward to seeing everyone at the Hunter Conference next week! Feel free to text me, email me, or message me if you'd like to connect. Secondly, the below was just launched last week, one of my personal favorites in the great city of Atlanta! - Strong RevPAR - Growing Market - No Reno Needed - Long Term Franchise - Financeable - Managed by a third party operator, but offered un-encumbered of management. Scarcity Value - There just isn't a significant number of premium select service hotel inventory available for sale in the Atlanta MSA vs. the Demand (been the case for many years and more so the case post COVID), which improves your exit strategy as well when/if the time comes. Plus, why not invest in the area with the 2nd highest RevPAR and growing demand?

👏 We are happy to announce that An Bord Pleanála has granted planning permission for an eight-storey hotel on Dublin’s Capel Street, a significant achievement for our client. Despite Dublin City Council's recent de facto ban on new hotel constructions in certain areas to promote more housing, C+W O'Brien Architects have successfully navigated the planning process in line with restrictions to bring this project to life. The approval not only marks a major milestone for our client but also sets a potential precedent for future developments. This approval underscores the importance of balanced urban development and highlights the value of innovative hospitality solutions in Dublin’s vibrant city centre. Confidence in the hospitality sector in Dublin is projected to grow according to CBRE Ireland’s Irish Hotel Market Report 2024 which predicts that Irish hotel sales could exceed €1bn in 2024 – a record level of spend. Calogero Marino can support you with your hotel or hospitality development. More on our hotels: https://lnkd.in/ePeYRuQ Read CBRE's Report here: https://lnkd.in/eVvdButt Full Business Post Article: https://lnkd.in/euAMGyJP #CWOArchitects #Hotel #PlanningPermission #Dublin #CBRE Arthur O'Brien Cihan Alp Surucu  

In my journey from hospitality to real estate, I've discovered a profound connection between the two fields. The art of anticipating needs, once applied to hotel guests, now informs how we craft living spaces. I've learned that hospitality extends far beyond the walls of hotels and restaurants. It's about creating spaces where people feel truly at home. Hospitality taught me that exceeding expectations drives success. In real estate, we apply this by creating homes that enhance value and inspire loyalty. By anticipating needs, we craft desirable lifestyles, ensuring our business thrives through satisfied homeowners. #TuesdayThought #HospitalityIndustry #RealEstate #Uk #London