Australian Hotels Association WA’s Post

Anyone think of buying a REIT called Chatham Lodging Trust (CLDT), I’d recommend passing. They aren’t paying close attention to their holdings. Wildly careless. For example one of their 38 Hotels, the Hilton, Hilton Garden Inn in Portsmouth, NH, is not being managed well. Problems with locks all over the property, they haven’t had VODKA and TEQUILA for weeks in their restaurant and bar because the Office Manager and General Manager won’t order it and they have Hilton issued stickers on things with the features not working. The General Manager leaves at 3pm daily and he knows daily there’s no vodka and tequila among other basic bar items. The bar tenders are telling dozens of people daily no to basic drinks on the menu. This is a publicly traded REIT, so the shareholders should know the General Manager is allowing these things to just be. How much is it costing the hotel daily and in return guests? Whocares right? This REIT is down 1D, 5D, 1M, 6M, YTD and 5Y. With their consistent slide since creation, it’s amazing such basic things would be ignored daily. If the individual at CLDT that’s overseeing all the General Managers is allowing this to slide everywhere, it’s costing shareholders millions. Furniture is approaching unsitely in areas as well. Hilton corporate defintelt wouldn’t approve. I’m amazed the bar tenders don’t quit, no customers, no tips. The General Manager at the Portsmouth, NH Hilton Garden Inn is 100% careless and not on top of anything for this publicly traded REIT, according to the employees themselves that can’t go get things like vodka and tequila customers keep asking for daily. How do I know!? I live nearby and know these people! The entire staff is talking about these things all day everyday. #reit #stocks #stockstowatch #shareholder #hilton #newhampshire #hilton #hiltonhotels #hotels #hotel #propertymanagement #stockmarket

Liquid assets on tap as investors turn to pubs & liquor - Burgess Rawson Burgess Rawson Partner and Head of Asian Investment Services, Zomart He said pubs and liquor assets have consistently delivered strong profits, and their evolving roles are further solidifying their attractiveness as investments. Mr He said hotels, pubs, and liquor assets have become more than just local fixtures; they are now transforming into multifaceted venues. Hotels offer a blend of luxury and practicality, enhancing guest experiences with modern amenities and technology. Burgess Rawson Partner, Darren Beehag said pubs are evolving into vibrant hubs that integrate dining, entertainment, and retail elements, while liquor outlets are expanding their roles to include sophisticated beverage offerings and diverse retail experiences. Read more on The Hotel Conversation - https://lnkd.in/gFvc9P3W Burgess Rawson Darren Beehag Zomart He Shaun Venables Andrew Havig Michael Hooper Ingrid Filmer Wendy Thomson Olwyn Conrau Michael Vanstone Michael Hooper Natalie Couper Yosh Mendis Geoff Sinclair Campbell Bowers Beau Coulter Stacey Melbom Glenn Conridge #burgessrawson #liquor #hotel #pubs #pubsandliquorindustry #market #research #insight #danmurphys #bws #liquorland #pubnews #hotelinvestment #hotelowners #hoteldevelopers

Choosing the Right Catering Partner: Leasing Agent Vs. Hospitality Consultant 🍽 Join us in an insightful discussion with Emma Hughes, Property Services Manager for Campbelltown City Council, as we explore the differences between Leasing Agents and Hospitality Consultants in the pursuit of culinary excellence at Campbelltown Arts Centre. Discover the nuances of selecting the right catering partner for important Council assets on this week’s blog – click here for the full scoop. #venuemanagement #hospitalitynews

Pub sales hit $115m in two weeks for JLL with Chatswood Hotel deal Sydney’s exclusive Lower North Shore, Chatswood Hotel sold by JLL's Hotels & Hospitality Group experts Ben McDonald and Kate MacDonald taking total sales for the firm to $115m in the last fortnight alone. Whilst not identified, JLL have confirmed the purchaser to be a private local family with significant interests in the pub space. The incoming operational strategy is understood to centre on expanding the existing trading footprint and optimising the current offering including the introduction of a branded sports bar and all-weather beer garden area. The pub market is again displaying signs of why it features heavily in the minds and investment portfolios of alternative asset investors given the resilience of business cashflows backed by real estate ownership. Mr Ben McDonald noted, “As a firm, JLL’s national pubs platform has transacted in excess of $670m thus far in 2024 with momentum continuing to build into the back end of the year. We anticipate ongoing demand from established hoteliers mixed with opportunistic asset managers to be most active in the coming months as opportunities present themselves in both on and off market situations.” Read more on The Hotel Conversation > https://lnkd.in/g5yGFr2U Peter Harper Gillian Berardi John Musca Will Connolly Lachlan Persley Edward Browne Debbie Farrelly Nicola Raeburn Gareth Closter Tom Gleeson Mark Walsh Greg Jeloudev Nick MacFie Gus Moors Andrew Langsford Adam Bury Christian Tsalikis Nick Thompson #jll #jllhotels #jllaus #pubs #pub #pubnews #hotel #hotelnews #hotelinvestment #hotelier #hotelowners #hospitalitybusiness

Whether you run a property management group, restaurant, school, or even a town, our service is, "valuable to any business looking to save on their bottom line." - Joe Daly, COO & CFO of Daly Seven Hotels Read more about how our analysts found over $47,000 in annual savings for one of our clients Daly Seven. #propertymanagement #hotels #savings #utilities #UMS

The Board of Directors of Bloomberry Resorts & Hotels Inc. (BRHI) in a board resolution dated August 19, 2024, authorized BRHI to purchase one million nine hundred forty thousand (1,940,000) shares of Bloomberry Resorts Corporation (BLOOM) through the Stock Market at market price. #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Corporation #Philippines #Financial #Invest #Investment #investingtips

Imagine this: ONE investment could bring you income from bars and restaurants, retail sales, boat slip fees, and MORE! Marinas offer investors a unique advantage: diverse revenue streams that generate year-round income. From slip rentals and fuel sales to on-site dining, retail, and hospitality, these waterfront destinations provide a steady flow of profits regardless of seasonal fluctuations. By tapping into this exclusive, multi-faceted business model, investors can diversify their portfolio. *** Don't miss out on this new wave of opportunity in the marina industry! Invest in the future of boating and enjoy smooth sailing toward financial success. Visit newhavenmarinas.com and contact us for more information TODAY! *FOR VERIFIED ACCREDITED INVESTORS ONLY. #alternativeinvestment #realestateinvestment #realestateinvesting #marinainvestment #marinainvesting #cashflow #accreditedinvestors

Key Learnings from My Hotel Operation Simulation's Latest Financial Review – Guildford Harbour Hotel 1. Strong Liquidity: With a solid asset base, we’re well-equipped to cover immediate liabilities and reinvest in operations. 2. Rooms Market Share Advantage: Achieving a 13.5% market share, surpassing the fair share of 12.5%. Sustaining this edge means focusing on exceptional service and unique guest experiences. 3. Boosting F&B Revenue: Addressing high food costs by launching a new lobby bar and refurbishing the restaurant. Excited to see how these upgrades drive F&B revenue and guest satisfaction. 4. Strategic Reinvestment: Focused on enhancing facilities and diversifying revenue streams to create greater value for guests and stakeholders.

New owners now plan to reopen the hotel and restaurant in the next few months

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