HotelHomes.com News Recap for October 26, 2013

In hotel homes news this week: new condo hotels planned for Seattle and Shenzhen, two condo hotel residences in NYC with record asking prices, plus new Ritz-Carlton properties in Miami Beach, Tianjin and Pearl Island.

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HotelHomes.com News Recap for August 8, 2013

These week’s news recap includes a record-breaking sale at the Ritz Carlton Residences Bangkok, a new record asking price at the Residences at Mandarin Oriental Boston, a new CEO for Four Seasons, Laura Ashley’s new hotel brand, a buyout for Commune Hotels, and new projects for Cartagena, Columbia, Knoxville, Tennessee, and Cairns, Australia!

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HotelHomes.com Weekly News Recap for July 25, 2013

This week’s news recap includes the partially-built Dellis Cay project up for sale, Brian Gluckstein’s model residences at Four Seasons Private Residences Toronto, and a new brand from Banyan Tree at Laguna Phuket’s next phase!

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HotelHomes.com Weekly News Recap for July 3, 2013

This week’s news recap includes top hotel residences in New York and Boston, 38 buyer lawsuits at Trump Toronto, hotel sales at the Four Seasons Bengaluru and the Ritz-Carlton San Francisco, a twin in the works for the Ritz-Carlton Waikiki Beach, and a five-star “cave hotel” in China!

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HotelHomes.com Finishes Sixth Month With Expanded Database, Increased Traffic

Six months since launching, HotelHomes.com is now achieving 20,000 visits per month on its sophisticated luxury platform. The world’s first global database of hotel-branded residences and hotel condominiums now includes over 250 properties affiliated with 59 hotel brands in 42 countries around the world.

“In many of the world’s hotel markets, building a luxury hotel without residences is not financially attractive to developers,” explained HotelHomes.com founder Dan August Cordeiro. “Hotel management companies increasingly realize that lending their brand to luxury residences opens the door to expand their hotel management portfolio, and more and more of them are getting into the sector.”

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HotelHomes.com Weekly News Recap for June 16, 2013

This week’s news recap includes: Nick Candy’s $59 million penthouse at The Plaza, new developments for Santa Monica, Virginia Beach, Bangalore, Chicago and Lanai, buyer insights at the Mandarin Oriental Residences in Bodrum, and the world’s first luxury index of hotel brands!

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The Plaza Hotel: Choosing Between a Hotel Condo and a Private Residence Under One Roof

Perhaps New York City’s best-known hotel, The Plaza has long welcomed prominent guests from around the world, for both short and extended stays. Originally opened in 1907, the hotel was initially designed with a mix of rooms for overnight guests, as well as larger corner suites overlooking Central Park which were reserved by prominent families for extended, several-month periods, including the notorious children’s book character, Eloise. One hundred years and an extensive renovation later, The Plaza Hotel currently offers hotel rooms, private residential condominiums and hotel condominium suites for sale under the same roof.

According to Elizabeth Lorenzo, a Senior Vice President with luxury brokerage firm Stribling  & Associates who specializes in selling both property types at The Plaza, many of the buyers are drawn to the property because of its “reputation in the global market,” and because  it occupies one of the “world’s most recognized locations, and one of the best in New York City.”

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How Is The Market in… New York?

As part of our New York coverage this week, HotelHomes.com surveyed some of Manhattan’s top deal-makers and market commentators about the current environment in the luxury real estate sector – and where to get a good deal today on tomorrow’s hot property.

 

In 4 Words or Less, How Is the Market?

 

“Strong, sophisticated, selling” – Jeannie Woodbrey, Director of Sales for One57, the so-called “Billionaire’s Tower” atop the new Park Hyatt Hotel

 

“Healthy and steady” – Norma Jean Callahan, Sales Director of Baccarat Hotel & Residences New York for Corcoran Sunshine Marketing Group

 

“Extremely active, little inventory” – Pamela D’Arc, Executive Vice President of Stribling & Associates

“Hot, insane, bubble?” – Sofia Song, Vice President of Research at real estate website StreetEasy

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HotelHomes.com Posts 50% Growth in Visitors in May

In its fifth month since launching, luxury property website HotelHomes.com has topped 20,000 visitors per month, a 50% increase over April figures. Founder Dan August Cordeiro attributes this increase to expanded brand awareness and general interest in the topic of luxury property affiliated with the world’s largest hospitality companies. “This industry is itself a trend story,” he said. “The luxury property market is a global one. Thus, the world’s biggest brands add increasing relevance in attracting the attention of high net-worth individuals.”

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HotelHomes.com Weekly News Recap for May 16, 2013

Four Seasons Private Residences New York Downtown Gets Financing, To Open in 2016
http://www.hotelsmag.com/Industry/News/Details/42008

Donald Trump Testifies in “Bait and Switch” Trial Relating to Trump International Hotel & Tower Chicago
http://www.seattlepi.com/news/article/Trump-testifies-for-2nd-day-at-Chicago-trial-4518524.php

9 out of 16 New Mandarin Oriental Hotels in Pipeline Include Residences
http://www.stockmarketwire.com/article/4595341/Positive-trading-at-Mandarin-Oriental.html

SOM Designing Singapore’s Tallest Tower, Complete with Luxury Hotel and Residences
https://www.som.com/news/singapore-developer-guocoland-reveals-plans-som-designed-tanjong-pagar-centre

Four Seasons Private Residences Miami Penthouse Sale Sets New Pricing Record Set for Brickell Area
http://therealdeal.com/miami/blog/2013/05/08/118677/

$18 Million Listing Comes on the Market at the Plaza Hotel in New York
http://ny.curbed.com/archives/2013/05/11/parkfacing_threebedroom_plaza_pad_eyes_8_million_profit.php

Club Med Considering Condo-Hotel Units at Bahamas Resort
http://www.travelweekly.com/Travel-News/Hotel-News/Club-Med-in-talks-to-renovate-and-expand-Bahamas-resort/

London’s Booming Residential Market Spurring Large-Scale Projects
http://www.ft.com/intl/cms/s/2/d46f6a60-b7c3-11e2-9f1a-00144feabdc0.html#axzz2SzzgtQ1j

Rumored Ritz-Carlton Residences Miami Beach May Be Designed by Piero Lissoni
http://miami.curbed.com/archives/2013/05/09/this-scary-empty-hospital-is-miamis-next-ritz-carlton.php

Montage Brand Expansion Discussed in Laguna Beach General Manager Interview
http://www.hotelsmag.com/Industry/Blogs/Details/41687

Qatar Increasing Fairmont-Raffles Stake
http://www.hotelsmag.com/Industry/News/Details/41912

Armani Hotel Coming to London
http://www.aluxurytravelblog.com/2013/02/23/vulgarity-arch-to-become-armani-hotel/?utm_content=bufferae262&utm_source=buffer&utm_medium=twitter&utm_campaign=Buffer