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Unique to Boutique - How Independent Hotel Owners Leverage Adaptability to Adopt Profitable Transformation, an Overview of the Boutique Hotel Investment Conference

The Boutique Lifestyle Leadership Association (BLLA) held its 11th annual Boutique Hotel Investment Conference on June 7 and 8 in the heart of New York City at Florence Gould Hall. The conference brought together passionate participants to collaborate on shaping the future of the independent boutique hotel landscape. Distinguished leaders from around the world gathered to explore various topics that independent hospitality businesses face today as well as contemplate the growing interest from investors. From “F&B as a Recipe for Success” to discussing “The largest sales transaction since the Pandemic” with The Pomeranc Brothers, and “A Casual Conversation on Funding, Innovation & Startups,” the wide range of themes encapsulated the spirit of hospitality. Over two days, the event fostered an open and candid dialogue among prominent industry representatives, igniting the spark for transformative progress within the boutique sector. ....

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Want To Buy A Historic Hotel? The Sale Of The Property Is Just The Beginning Of The Money You'll Have To Shell Out

Though overall investment volume for new properties is down almost 70%, according to CoStar Group, hotel and hospitality investors are not letting a lack of bank funding and high-interest rates stall their enthusiasm to buy already existing properties. A recent report from JLL showed record sales this year for existing high-quality assets located in desirable and growing markets. But what's being done with the properties after purchase has become a talking point for many investors and hospitalit ....

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