Asprey on LinkedIn: This week, Asprey and Rosana Lai marked Lunar New Year and the opening of…
Asprey
This week, Asprey and Rosana Lai marked Lunar New Year and the opening of Asprey&#39;s boutique at The Peninsula London with a special celebration. 

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Modern Luxury: The Case For an Elevated Boutique Hotel - Skift Take: As the hyper luxury category spirals upwards, there is new white space for elevated boutique hotels that still offer five-star service. A new Paris opening is a perfect reference for what this category should look to.— Colin Nagy Read the Complete Story On Skift As the hyper luxury category spirals upwards, there is new white space for elevated boutique hotels that still offer five-star service. A new Paris opening is a perfect reference for what this category should look to. -Colin Nagy https://lnkd.in/e9sFRXFc

Modern Luxury: The Case For an Elevated Boutique Hotel - Skift Take: As the hyper luxury category spirals upwards, there is new white space for elevated boutique hotels that still offer five-star service. A new Paris opening is a perfect reference for what this category should look to.— Colin Nagy Read the Complete Story On Skift As the hyper luxury category spirals upwards, there is new white space for elevated boutique hotels that still offer five-star service. A new Paris opening is a perfect reference for what this category should look to. -Colin Nagy https://lnkd.in/ehiu-KZ3

C&W MARKET BEAT 2023 – HOTEL INVESTMENT IN EUROPE A strong final quarter saw European hotel transactions reach nearly €17 billion last year, according to new data from Cushman & Wakefield. During the year, 787 properties were sold, comprising 106,000 rooms worth EUR 16.9 billion. This remains significantly below 2019 levels but is only 4% short of the 2022 total. In the last quarter, volumes reached €5.4 billion, a 13% increase relative to Q4 2022 (€4.8 billion). Several major individual deals drove these volumes, including the sale of the Westin Paris Vendome, the Center Parcs Allgäu in Germany, the Six Senses Hotel Rome, the Mandarin Oriental and Hotel Sofia in Barcelona, and Haymarket House in London (office to hotel conversion). To learn more, download our Market Beat Europe 2023 here: https://lnkd.in/dG64rF3d For further information and support with your hotel real estate in Europe, contact our experts Jonathan Hubbard, Le Fichoux Frederic, Ed Fitch, Katell Bourgeois, Bruno Hallé Boix, Albert Grau - MRICS, Gonçalo Garcia, Alessandro Belli, David Nath MRICS, Josef Filser, Borivoj Vokrinek or contact us at HospitalityEMEA@CushWake.com #CWHospitality #HotelInvestment #HotelRealEstate #EuropeHotels

Transforming a Trendy Senior Property into a Luxury Hotel: Our Success Story Discover how we turned a senior property in a trendy arts district into a thriving luxury hotel. Learn about our journey, including the Choice Neighborhoods Grant and the exciting new construction. Don't miss our board and leadership team's decision-making process and the lucrative offer that changed everything. #SuccessStory #LuxuryHotel #ArtsDistrictTransformation #ChoiceNeighborhoodsGrant #NewConstruction #LeadershipDecisions #SeniorPropertyTransformation #HotelDevelopment #RealEstate #CommunityRevitalization

This is an excellent property. ST Clair developed it originally as a hotel and I got to tour the property with him . It didn’t get to open as a hotel, yet under Marriott and Las Brisas it should be a success. It’s a great location just two minutes walk to the isla verde beach. It’s close to hotels 🏨 and restaurants . They will probably need more parking but There’s alternatives close by. 🟡There are other hotels 🏨 for sale and buildings that are prime for conversion to hotels, apartments or short term rentals. There are local tax credits of 30-40% of the investment that it could qualify for. If you’re interested in investing in such properties DM me for information. #investinginrealestate #hotelinvestment #shorttermrentals #puertoricorealestate

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