2025 Business Development Marketing 
Serviced Apartments
MAY 26, 2023
UAE: International lodging owner and operator , The Ascott Limited (Ascott), has appointed Pekka Hirvi as the director of business development for the Middle East, Africa and Turkey. The first is expanding Ascott’s presence in the aforesaid regions by focusing on major source markets such as the UAE and KSA.
Hotel Business
SEPTEMBER 19, 2024
“For many in the hospitality industry, this move comes at a critical time, as hotel owners continue to navigate the challenges posed by rising costs and a fluctuating market. He continued, “That said, it signals the beginning of a market thaw, which is a good thing for the hotel industry. Equity (mezz) will still be 14-16%.
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Hotel Business
AUGUST 19, 2024
Under this agreement, Sonder’s open and pipeline portfolio, which primarily consists of apartment-style accommodations in urban markets, is expected to be added to the Marriott system under a new collection called “Sonder by Marriott Bonvoy.” Marriott International Inc.
Hotel Business
NOVEMBER 4, 2024
Griffin is transitioning 14 assets to the MJH umbrella, and when combined with other deals currently in the 2024 pipeline, the hotel ownership and management company will reach 50 hotels by Q1 2025. Prior to that he was SVP, VMS Realty Partners.
Boutique Hotel News
APRIL 21, 2023
Craig Bryant, strategy and business development director, Fresh : “Within the business, we have some key corporate objectives under our Future Foundations platform, which is divided into three areas: planet, places and people. GuestReady increasingly sees guests selecting properties based on their sustainability credentials.
Serviced Apartments
AUGUST 19, 2024
A full integration is expected in 2025. “We’re More than 9,000 live Sonder units are expected to join Marriott’s portfolio by the end of 2024, with approximately 1,500 units anticipated to join its system in the future. Thank you to all our employees, guests, partners and stakeholders as we launch this exciting new chapter,” he added.
Hotel Owner
MAY 22, 2023
Recently, Radisson Hotel Group announced the signing of Radisson RED Huddersfield, set to open in 2025. Adela Cristea, Vice President, Business Development UK & Ireland at Radisson Hotel Group, said: “We very much look forward to bringing our fun and vibrant Radisson RED brand to this location.
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