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Wednesday, September 27, 2017

Friend, Starwood Capital takes 30 per cent stake in YOTEL, green light for Hollywood's NUE hotel, Autograph Collection film jury announced and more

Newsletter September 27
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YOTEL receives $250m investment from Starwood Capital
US: A fund affiliated with Starwood Capital Group will acquire a 30 per cent stake in YOTEL for $250 million. Read more...

AVANI Hotels appoints new VP

Thailand: Alejandro Bernabé has been named as AVANI's vice president of operations.




Lock & Key launches in Liverpool

The bar and kitchen of the Lock & Key hotel in Liverpool are open for business.



NUE hotel in Hollywood gets go-ahead

US: The 55-room New Urban Experience hotel will be built on Hollywood's Cahuenga Boulevard.



Autograph Collection Hotels announces star film panel

UK: The Autograph Collection Short Film Award will be judged by a panel of renowned actors, producers and directors.




Compact and bijou

 
• Starwood Capital's purchase of a 30 per cent stake in YOTEL offers further proof that the design-led, limited service value sector of the hotel industry is a red hot one right now.

The company's 'cabin' rooms are small but comfortable and functional, and allow the brand to fit a significantly greater number of rooms on any given development footprint than the majority of its competitors.

This is clearly an attractive proposition to investors, and Starwood Capital joins Kuwaiti investor IFA Hotel Investments as a major shareholder in the company. The $250 million raised will go to acquiring sites for new-builds and conversions, boosting an already healthy development pipeline.

The deal also adds another string to Starwood Capital's hospitality bow, joining the likes of the Principal lifestyle hotel brand, the 1 Hotel brand and the first Marriott Residence Inn properties in London among others.

• We're very pleased to welcome Martha Elwell, our new reporter, to Boutique Hotel News, and our sister title Serviced Apartment News. Please send any exciting news and press releases her way at martha@internationalhospitality.media

George Sell, editor, Boutique Hotel News


Bats in the battlements!

Nick Childs, of Childs & Sulzmann Architects, reveals the trials and tribulations involved in gaining planning permission for a hotel extension to a Tudor castle.

Quick Q&A: Janera Soerel, SecondHouse

BHN talks to Janera Soerel, founder of sharing economy second-home platform SecondHouse.





November, 12-13 2017 
Dubai, UAE 


January 23-24 2018
Amsterdam

March 19 2018
London 


April 9-10 2018
New York City

May 21 2018
London


May 21-22 2018 
London



July 2018
 London




BHN interview: Alfred Eeltink, Hotel Facility Concepts


BHN at the ITM Conference 2017: Linda Bekoe, Global Hospitality Services

BLHS2017 interviews: Kevin Charity, The Coaching Inn


BLHS2017 interviews: Nick Davies, The Cottage in the Wood

BHN at SEAHIS2017: Norbert Vas, Archipelago


EDITORIAL

George Sell. 
Editor,



+44 (0) 208 340 7989
George@boutiquehotelnews.com

ONLINE SALES, CONFERENCE 
AND EXHIBITION

Katie Houghton

Head of Sales

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International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for niche growth sectors of the hospitality industry. The company publishes two industry-leading b2b websites - BoutiqueHotelNews.com and ServicedApartmentNews.com, which keep their respective sectors up to speed with news, comment and opinion.

Our conference experience spans three continents and covers high growth segments including boutique, lifestyle and hybrid hotels, serviced apartments / aparthotels and extended stay, and vacation rental. Our events are renowned for their intense focus and attract quality industry leaders, brands and independents, providing unparalleled networking and learning opportunities. We also organise bespoke educational events and investor breakfasts to bring owners, operators and investors together.

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