Meyer Jabara Hotels Makes Multimillion Dollar Investment in its Legacy Owned Admiral Fell Inn on Baltimore Harbor

[ Danbury, Conn., January 21, 2025] — A Meyer Jabara Hotel’s long-term owned asset, the Admiral Fell Inn, is undergoing a multimillion dollar transformation. Opening in Spring 2025 and rebranded as The William Fell, Tapestry Collection by Hilton, the historic waterfront hotel sits right on Fells Point Square and boasts waterfront views of Baltimore’s Harbor, making it the best location in the city. Repositioning of this legacy asset is expected to make The William Fell the quintessential market-leading powerhouse in Fells Point. This is MJH’s third owned asset in Baltimore, its fifth managed property in Maryland, and the first Tapestry Collection conversion in its portfolio. A grand opening is planned for April 2025.

International tourism recovers pre-pandemic levels in 2024

With 1.4 billion international tourist arrivals recorded globally, 2024 marked the recovery of international tourism from the worst crisis in the sector’s history. A majority of destinations welcomed more international tourists in 2024 than they did before the pandemic, while visitor spending also continued to grow strongly.

AAHOA Breaks $1 Million Fundraising Milestone for Political Action Committee in One Single Year

AAHOA (Asian American Hotel Owners Association) proudly announces a historic milestone: the AAHOA Political Action Committee (PAC) raised a record-breaking $1 million for the rst time ever in one single year in 2024, putting the AAHOA PAC at a total of $1.5 million for the 2023-2024 PAC Cycle. This achievement underscores the commitment of AAHOA Members in strengthening the organization’s advocacy efforts and ensuring the voices of hotel owners are heard at all levels of government.

Six Senses properties certified by Control Union, a GSTC-Accredited Certification Body

Six Senses has received the highest level of certification by Control Union – a certification body accredited by the Global Sustainable Tourism Council. Six Senses properties* underwent an extensive audit by Control Union to verify their efforts in sustainability planning, reducing negative environmental impacts, enhancing cultural heritage, and maximizing social and economic benefits for surrounding communities.

UK Hotel Investment Reaches Five-Year Highs

Transaction volumes in the UK hotel real estate market reached c. £1.8 billion in the last quarter of 2024, a remarkable 176% increase against the same period in 2023. The rise in Q4 was driven largely by the reported £900 million sale of ADIA’s Marriott hotel portfolio to KKR’s Amante Capital and Baupost, single-asset transactions in London as well as Edinburgh, and smaller sales across the UK regions.

Aimbridge Reaches Agreement With Lenders to Right Size Balance Sheet and Significantly Strengthen Financial Position

Aimbridge Hospitality, a leading, global hotel management company and the world’s largest third-party hotel operator, today announced that it has entered into a Restructuring Support Agreement with overwhelming support from its first and second lien lenders and its existing sponsor that would right-size the Company’s capital structure by converting more than $1.1 billion in debt to equity, and infuse $100 million in new capital, significantly strengthening the Company’s financial position.