Among the noteworthy quotes of the week is Noble Investment's Dustin Fisher talking about the value surrounding certainty of closing.
“I think what you’re going to see out of us is organic.” –
Christopher Nassetta, Hilton Read story
“This project [1 Hudson Valley] is particularly meaningful
to me because it’s in the region of the country where I grew up. I’ve long
wanted to create an extraordinary destination just 90 minutes from New York
City, and easily accessible from Westchester and Fairfield counties.” – Barry
Sternlicht, Starwood Hotels Read story
“For a second consecutive year, New York City leads the
nation in expected new-build openings. This shouldn’t be a surprise, given that
the market has also led the country in occupancy for the last three years. That
said, both room supply and room demand are still lower today than they were in
2019, showing there is still opportunity for further growth.” – Isaac Collazo,
STR Read story
“A .50 to .75 change [in interest rates] could get the
pipeline started, but costs and labor still a challenge. More than 1.0 to 1.5
bps is what we really need to get transactions and pipelines moving forward.” –
Eric Jacobs, Aimbridge Hospitality Read story
“While I can’t comment directly on this particular seller’s
motivation, them being aware of Noble’s track record in portfolio acquisitions
and certainty of closing in what has been a very uncertain market is incredibly
valuable. As such, we find that a preponderance of our transaction volume is
done off market, and there’s a value ascribed to that certainty when not a lot
of people are able to execute on portfolios.” – Dustin Fisher, Noble Investment
Group Read story
“For Choctaw tribal members, it [partnership with
Wyndham] strengthens long-term economic sustainability—creating new career
pathways, professional development opportunities, and reinvestment into tribal
programs and communities. It is a strategic step that honors our values while
positioning Choctaw for continued growth on a global stage.” – Chief Gary
Batton, Choctaw Nation of Oklahoma Read
story
“The relationship between HEI and L+R Hotels has expanded by
identifying opportunities in key markets where we can effectively align our
mutual objectives to maximize market positioning and deploy operating
efficiencies and creative strategies.” – Anthony Rutledge HEI Hotels &
Resorts Read story
“This structured transaction on a high-quality asset
with proven financial performance and significant upside potential thanks to
the strength of the Lisbon hospitality market and the just completed
refurbishment is a great example of the opportunities Fund VI is pursuing in
today’s market.” – Rami Badr, Orion Capital Managers Read story
“Appetite remains strongest [in the U.K.] for core
jurisdictions and assets with strong brand affiliation and operating track
records. Resorts also remain a core focus for hotel-specific lenders along with
select gateway cities.” – Tim Barbrook, HVS Europe Read story
“Driving growth through a higher mix of HMAs and franchising
allows us to scale with discipline, while our continued role as owners keeps us
closely aligned to hotel performance and brand standards.” – Dillip Rajakarier, Minor International Read story
“The government is aiming to capitalize on larger capital
flows from the region, which also implies that there will also eventually be
incentives for foreigners to reside long term in the Maldives.” – Ghaly Murthala,
Morteza Capital Read story