Tag: Partners

RedAwning Partners with TurnoverBnB to Automate and Optimize Vacation Rental Cleaning and Provide Homeowners with a Network of 25,000 Cleaners

Emeryville, CA, Nov. 18, 2020 (GLOBE NEWSWIRE) — RedAwning, the only complete hospitality and reservations platform for short term rentals, and TurnoverBnB, the leader in vacation rental cleaning solutions, today announced a new partnership to enable hosts to automatically schedule, manage, and pay their cleaners for all RedAwning guests.  This new partnership also opens a network of 25,000 experienced vacation rental housecleaners to RedAwning participating homeowners. 

This launch of a combined cleaning automation solution will enable RedAwning homeowners to much more efficiently manage their cleaners at a time when cleanliness is top of mind for guests and robust demand continues to set occupancy records.  RedAwning provides industry-leading bookings demand for homeowners, and average revenue per property listing was up 120% in September over 2019. RedAwning will also provide a hospitality grade cleaning checklist that exceeds all of the new requirements being set by Airbnb.  Better still, homeowners who are happy with their current cleaners can keep their same cleaners and still benefit from all of these capabilities.

“RedAwning seeks to provide the most revenue with the least work for homeowners and property managers.  We already generate more business per property than anyone else, and this new integration will save a ton of time for our very busy owners and managers, while improving the guest experience too,” said Tim Choate, Founder & CEO of RedAwning.com. “TurnoverBnB works with thousands of property owners and managers, and we are excited to offer this combined solution to RedAwning property owners and also all our participants too,” said Assaf Karmon, Founder & CEO of TurnoverBnB.

TurnoverBnB adds to RedAwning’s long list of exclusive, industry-leading benefits for property owners and managers to help them generate more revenue with less work.  These include free professional photography with Meero, pricing optimization, distribution everywhere guests shop for travel, Amazon Prime Now delivery mapping, a mobile app, a web portal, 24/7 Reservations and Guest Services, payment processing with Stripe, Amazon Smart Concierge, and much more. 

To learn more about RedAwning’s industry-leading hospitality and reservations platform, visit www.redawning.com/list.   

To browse and book the RedAwning Collection, visit www.redawning.com.

###ENDS###

About RedAwning

RedAwning is the only complete hospitality and reservations platform for short term rentals. RedAwning presents the world’s largest collection of vacation properties to guests wherever they shop for travel.  With over 35,000 properties represented on behalf of thousands of property owners and managers, RedAwning covers virtually every leisure destination in North America, and includes a comprehensive layer of exclusive services and support with every stay. RedAwning is the largest single U.S. vacation rental supplier to every major travel website, including Booking.com, Expedia, Vrbo, Airbnb, and Google Travel. RedAwning also operates exclusive vacation property booking websites, including RedAwning.com for travelers, and RedAwningTravelPro, which enables 20,000 travel agents to book vacation properties. 

RedAwning has been a leading innovator in the vacation rental industry since 2010, with a mission to redefine the customer journey for guests, hosts and property managers alike, and to drive new approaches that make the booking and staying experience

Continue reading

Mayfair Street Partners and Hotel Equities Share Latest News on The Hamilton, a Curio Collection by Hilton Hotel in Alpharetta, Georgia

Construction reaches milestone ahead of schedule; Washington appointed GM

The Hamilton

The Hamilton, a Curio Collection by Hilton Hotel
The Hamilton, a Curio Collection by Hilton Hotel
The Hamilton, a Curio Collection by Hilton Hotel

Alpharetta, GA, Nov. 10, 2020 (GLOBE NEWSWIRE) — Today, Mayfair Street Partners and Hotel Equities shared the latest news regarding Alpharetta, Georgia’s highly anticipated boutique hotel, The Hamilton. Construction on the luxury bespoke hotel in the heart of the city’s downtown has reached its topping-off milestone ahead of schedule. Hotel Equities also announced that Kenneth Washington has been named general manager of the 119-room hotel located at 21 Milton Avenue. The Hamilton is owned and developed by Mayfair Street Partners (“Mayfair”) and Hotel Equities (“HE”) will operate the hotel upon opening. Both Mayfair and HE are headquartered locally in Alpharetta, GA.

“The topping-off signifies a significant milestone for the hotel,” said Managing Director & Partner for Mayfair Street Partners, Jason Joseph.  “This development has been a collaboration of local experts, great partners, a fantastic operator, and “best in class” general contractor who joined together to deliver an iconic landmark addition to the downtown community of Alpharetta.”  

“This is an important project for the city of Alpharetta, its residents and the surrounding communities,” said HE’s President and CEO, Brad Rahinsky. “I couldn’t be more confident in our selection of GM, Mr. Kenneth Washington who has been an exemplary leader within Hotel Equities for years. Kenneth is a dedicated and proven leader in our industry and in the community and is motivated to make The Hamilton the heartbeat of the city of Alpharetta.”

The Hamilton’s speakeasy level will become home to Roaring Social, a 9,000 square foot entertainment, dining and drinking destination which was recently described in a press release depicting the venue as a unique resurgence of the 1920’s speakeasy. Roaring Social will offer patrons entertainment by way of live and curated music as well as feature eight lanes of boutique bowling, delicious bites and specialty crafted cocktails. The Hamilton will offer two additional distinct and unique in-house dining options creating multiple environments and experiences.

“This full-service boutique hotel will be a one-of-a-kind addition to the community of Alpharetta which has for several years been among the top wedding venues in the Atlanta area because of all the city has to offer,” said Joe Reardon, chief development officer for Hotel Equities. “Our team of food and beverage experts are creating curated menus with locally inspired cocktails for an unbeatable guest experience. Coupled with the uniquely designed luxury accommodations and flexible and thoughtful meeting space… we’re ready to be of service for any type of event you’re planning.”

The guestrooms and public spaces will draw from the area’s rich and inspiring transportation history of the Western & Atlantic Railway. Its design plans reflect the industrial insurgence by incorporating rich colors, heavy textures, and modern accommodations with a vintage charm to create an artfully curated guest experience honoring Alpharetta’s history.

In addition to luxurious guest accommodations and vibrant and unique dining options, the

Continue reading

Eagle Four Partners and Lyon Living Acquire the Newport Beach Marriott Hotel & Spa

“As local owners and operators, we are thrilled to be acquiring the Newport Beach Marriott Hotel & Spa and adding it to our portfolio of iconic hospitality and lifestyle residential assets. Being an integral part of the community fabric of Newport Beach, we are dedicated to a transformative renovation in 2021 bringing the hotel to a new level of guest experience and service befitting its location in the heart of Newport Beach,” said Kory Kramer, partner at Eagle Four Partners.

“The hotel will complete a comprehensive renovation of both public space and guestrooms including exterior enhancements. The result adds incredible value not only to the hotel but is accretive to the Newport Center neighborhood and the many businesses in and around Fashion Island,” said Peter D. Zak, president and partner of Lyon Living Development Company.

Marriott International will continue as the hotel operator led by veteran general manager Debbie Snavely. “I’m excited to have new owners based here in Newport Beach who have a strong dedication to the local community and a plan to elevate our hotel through a major repositioning. We will successfully attract higher-rated leisure and business and group events within the local coastal luxury market. This is great news for Newport Beach.”

Newport Beach is our home. We are proud owners of the Balboa Bay Resort & Club and Newport Beach Country Club. Partnering with Newport Beach-based Lyon Living, we believe our group will transform the Newport Beach Marriott Hotel & Spa into a preeminent community asset for future generations,” said Kevin Martin, partner at Eagle Four Partners.

Bob Webster and Michael DiPrima of CBRE Hotels advised both the seller, Host Hotels and the buyer on the transaction. Pillsbury Winthrop represented as buyer’s counsel and Latham & Watkins represented as seller’s counsel.

About Eagle Four Partners, LLC
Eagle Four Partners is a Newport Beach, CA-based private equity group specializing in strategic real estate investments in hospitality, golf, and lifestyle residential. Founded in 1996, Eagle Four has participated as the lead equity investor in more than $2 billion of real estate transactions including most notably the acquisition of the Sheraton Denver Downtown Hotel and the purchase, repositioning, and disposition of Bacara Resort in Santa Barbara. Eagle Four’s current asset portfolio consists of Reno’s largest mixed-use project Reno Experience District (RED) and independent resorts such as Balboa Bay Resort in Newport Beach, Paséa Hotel & Spa in Huntington Beach, Estancia La Jolla, Meritage Resort & Spa in Napa, and Ko’a Kea Resort in Kauai as well as other branded hotels in California and Arizona. Eagle Four owns and operates the Newport Beach Country Club and recently developed the new clubhouse located at Newport Center. Eagle Four’s expertise includes building strategic partnerships, aggressive asset management, and creative deal structuring all with the goal of generating substantial investor value.   www.eaglefourpartners.com

About Lyon Living
Founded in 1989 by Frank T. Suryan Jr., Lyon Living is a

Continue reading

Newport Beach Marriott Hotel & Spa sells for $216 million to Eagle Four Partners and Lyon Living

Host Hotels and Resorts announced Wednesday it sold the 532-room Newport Beach Marriott Hotel & Spa for $216 million.

The hotel, which is on Newport Center Drive, was purchased by Lyon Living, a property management company in Newport, and Eagle Four Partners, a private equity firm based in Newport Beach that owns the Pasea Hotel and Spa in Huntington Beach, the Balboa Bay Resort and the Newport Beach Country Club in Newport Beach. Host Hotels and Resorts said in a news release that the sale was made “subsequent” to the end of the third quarter of this year.

“As local owners and operators, we are thrilled to be acquiring the Newport Beach Marriott Hotel and Spa and adding it to our portfolio of iconic hospitality and lifestyle residential assets,” Kory Kramer, a partner at Eagle Four Partners, said in a statement.

“Being an integral part of the community fabric of Newport Beach, we are dedicated to a transformative renovation in 2021 bringing the hotel to a new level of guest experience and service befitting its location in the heart of Newport Beach,” Kramer said.

Peter Zak, president and partner of Lyon Living Development Company, said the hotel will complete a comprehensive renovation and that the results will add value not only to the hotel, but to the surrounding neighborhood.

“Newport Beach is our home. We are proud owners of the Balboa Bay Resort and Club and Newport Beach Country Club. Partnering with Newport Beach-based Lyon Living, we believe our group will transform the Newport Beach Marriott Hotel and Spa into a preeminent community asset for future generations,” said Kevin Martin, a partner at Eagle Four Partners.

Data from Host Hotels and Resorts estimates the hotel pulled in about $15.7 million in revenue for owners. Average room rates were $203 when the hotel was at an occupancy rate of about 78.9%.

Alan Reay, a hotel real estate analyst and president of the Atlas Hospitality Group, a real estate firm that focuses on the sale of hotels, said it was the highest sales price in California of a hotel property in 2020.

Reay said the $216-million price tag, however, is lower than he believes it would have been in a normal year.

“I think on a price per room basis, this hotel, in 2019, could have been at least $100,000 to $200,000 per room higher, so it could have been anywhere from 15 to 20% higher,” Reay said.

Reay said the hotel sold at about $406,000 per room, but less per room than was the case in the sale of the Monarch Beach Resort Hotel in Dana Point in 2019. That hotel sold for about $497 million, averaging at a cost of about $1.24 million per room.

Reay said hotels trade based off current revenue numbers and operating incomes, but that the impact of the pandemic on the tourism sector makes it difficult to value hotels based on the current financial situations at properties.

“People are really looking at what the hotel

Continue reading

Partners protect habitat and expand outdoor recreation | News

We know from experience that maintaining permanent vegetative cover along the shorelines of rivers, streams and lakes leads to higher quality water and wildlife habitat. That’s why conservation groups are working with public partners and landowners to protect land along the Cannon River.

Thanks to the collaborative work of the Trust for Public Land, Goodhue County, and the Cannon River Watershed Partnership, the Minnesota DNR will add 205 acres to the Cannon River Turtle Preserve Scientific and Natural Area (SNA) and the Cannon Valley Trail will add 9 acres to this public trail system. The effort will help protect habitat important for turtles, such as Blanding’s turtle, one of southeast Minnesota’s rarest turtle species. It will also provide opportunities for wildlife-based recreation including hiking, hunting, fishing, bird-watching, and nature observation.

The addition of these newly protected lands is the outcome of people working together to achieve a shared vision for land stewardship. “This land protection project is emblematic of the great work The Trust for Public Land is doing with partners to protect lands along the Cannon River,” said DJ Forbes, Project Manager for The Trust for Public Land. According to Forbes, by coordinating with and responding to the priorities of the MN DNR, Goodhue County and the Cannon Valley Trail, land with exceptional natural resource value and immense outdoor recreation opportunities has been protected for Minnesotans to utilize and enjoy.

“This is an excellent opportunity for young and old to be a part of nature and protect the areas for future citizens to enjoy,” said Brad Anderson Goodhue County District 2 Commissioner and Cannon River Watershed Partnership Board Member. “The coordinated efforts of the organizations is the best way to acquire and protect these sensitive areas right outside our back doors,” he said.

The Cannon River, one of Minnesota’s seven Wild and Scenic designated rivers, flows through the newly protected land near its confluence with the Mississippi River in Red Wing. The land is primarily made up of floodplain forest, yet it also has steep slopes and prairie habitat high above the Cannon River. It also includes a calcareous fen, one of Minnesota’s rarest wetland types.

The Cannon Valley Trail also passes through this newly protected property. The beautiful 19.7-mile Cannon Valley Trail connects the cities of Cannon Falls, Welch and Red Wing, providing great opportunities to walk, run, and bike. According to CVT Manager Scott Roepke, a ‘Cultural Heritage’ park, planned for this new 9-acre parcel, will allow trail visitors to explore a unique flat-topped archeological mound and other culturally significant sites.

The 205-acre addition to the Cannon River Turtle Preserve SNA, which was funded by the Outdoor Heritage Fund, increases the SNA in size by nearly 25% and continues the protection of this dynamic environment. This SNA contains southern terrace floodplain and maple-basswood forest, oak-hickory woodland, and prairie with ongoing prairie reconstructions that look down on the Cannon River. This land is critical habitat for the “threatened” Blanding’s Turtle. The MN DNR’s SNA Program protects the best

Continue reading

Adventure Travel Trade Association | Global Network of Adventure Travel Tour Operators, Destinations, and Industry Partners

Welcome to Your Adventure Travel Community.

The Adventure Travel Trade Association inspires, connects and empowers the global community to do good through travel. We’re an ever-growing community of passionate travel professionals from destinations all around the globe. Inside our membership program and in-person events, you’ll discover enthusiastic people just like you who dedicate their life’s work to transforming people and places through adventure travel.

View membership program »
See upcoming events »

Connect with the Community

if (Cookiebot.consent.marketing) { enableGoogleRemarketing(); } }

var _gaq = _gaq || []; function enableGoogleAnalytics() { _gaq.push(['_setAccount', 'UA-2336098-5']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://' : 'http://') + 'stats.g.doubleclick.net/dc.js'; var s = document.getElementsByTagName( 'script')[0]; s.parentNode.insertBefore(ga, s); })(); }

function enableFacebookPixel() { !function (f, b, e, v, n, t, s) { if (f.fbq) return; n = f.fbq = function () { n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments) }; if (!f._fbq) f._fbq = n; n.push = n; n.loaded = !0; n.version = '2.0'; n.queue = []; t = b.createElement(e); t.async = !0; t.src = v; s = b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t, s) }(window, document, 'script', 'https://connect.facebook.net/en_US/fbevents.js');

fbq('init', '130203094312590'); fbq('track', 'PageView');

}

function enableGoogleRemarketing() { /*

Source Article

Continue reading