The 13 Hotel seeks buyers again after failed sale

Macau’s THE 13 Hotel up for sale again after first attempt finds no takers

Long-troubled Macau hotel THE 13 is hitting the market again, with global real estate firm Jones Lang LaSalle confirming it has been appointed as Joint Sole Agent for sale by tender. The new tender is expected to close at 6pm on 19 May after previous efforts failed to find a buyer. THE 13 was previously put up for sale in March 2024 with an asking price of HK$2.4 billion, but although it was reported at the time that 24 parties had expressed int…

The 13 Hotel goes on sale again after failed auction attempt

The 13 Hotel, a high-end yet troubled property in Coloane, has been relisted for sale following an unsuccessful public tender in 2024. Jones Lang LaSalle (JLL) has once again been named as the joint sole agent for the transaction. In a statement released yesterday, JLL confirmed that the public tender is now open and will […] The post The 13 Hotel goes on sale again after failed auction attempt appeared first on MACAU DAILY TIMES 澳門每日時報.

Federal Statistical Office [Newsroom]WIESBADEN (ots) - Turnover in hotels and restaurants, February 2025 (provisional, calendar and seasonally adjusted) -1.7% on the previous month (real) -1.2% on the previous month (nominal) -3.2% on the previous year (real) +0.8% on the previous year (nominal) The hotel and restaurant industry in ... Continue reading here...Original content of: Federal Statistical Office, news transmitted

The 13 Hotel seeks buyers again after failed sale

The troubled luxury property in Coloane, The 13 Hotel, has been listed for sale once more, following an unsuccessful tender in 2024. Real estate consultancy Jones Lang LaSalle (JLL) has been appointed as the joint sole agent for the transaction. In a press statement issued by JLL on Thursday, the firm announced that the tender is now open and will close at 6 pm on 19 May. However, the announcement did not disclose the current valuation of the 22…

In February 2025, the German hospitality industry recorded a calendar- and seasonally adjusted real and nominal decline of 1.7 percent and 1.2 percent compared to January 2025. Compared to the same month last year, revenue fell by 3.2 percent in real terms and rose by 0.8 percent in nominal terms, the Federal Statistical Office (Destatis) announced on Thursday based on preliminary results. Hotels and other accommodation establishments recorded a…

Why economic uncertainty breeds 'hesitation' in all corners of the hotel industry

Amid obstacles, Vision Hospitality Group's Mitch Patel takes hospitality business back to basics