Serena Villas in the historic Tennis Club. Inland Empire on development fast track

Serena Villas in the historic Tennis Club Inland Empire on development fast track

https://www.hotelinvestmenttoday.com/Regions/North-America/Inland-Empire-on-development-fast-track

The Southern California region is one of the hottest hotel pipeline markets in the country, thanks to its robust logistics sector and low barriers to entry.

NATIONAL REPORT — Driven largely by the growth of distribution centers, prohibitive coastal pricing and low barriers to entry, the Inland Empire has emerged in recent years as a key market for hotel developers seeking new opportunities.

The Southern California region — located east of Los Angeles County and home to some 4 million residents — encompasses Riverside and San Bernardino counties, including cities such as Palm Springs, Ontario, Fontana, Temecula, as well as the Coachella and Victor Valleys. Due primarily to its proximity to Los Angeles, the region has evolved into a major logistics hub.

According to the Q2 2025 Lodging Econometrics report, the Inland Empire is poised for robust hospitality expansion with 122 hotel projects totaling 12,272 rooms in the U.S. pipeline. This ranks the market sixth nationally among the top 50 U.S. markets for hotel construction volume, based on project count.

One global brand company with a strong presence in the region is Sonesta International Hotels Corp., which currently operates 10 hotels, including eight Americas Best Value Inns and two Signature Inns. The Newton, Massachusetts-based franchisor has also signed an agreement for the development of The Royal Sonesta Coachella.

“Sonesta remains bullish on the long-term outlook for the Inland Empire, a region that has evolved into one of California’s most dynamic lodging markets. The area benefits from a wide range of demand drivers that provide both stability and growth across multiple hotel segments,” said Michael Handy, regional vice president of franchise development for Sonesta International Hotels.

According to Handy, one of the catalysts for development in the region has been the influx of companies like Amazon, FedEx and UPS, which employ thousands of workers and generate a consistent need for lodging — particularly extended-stay options. Furthermore, the region is also projected to grow its population by more than 20% by 2048.

He added that new development opportunities are particularly strong in the Rancho Cucamonga/Ontario Airport area, Temecula, Riverside and Lake Elsinore. Handy described hotel development in the region as “active but balanced.”

Alan Reay, president of Atlas Hospitality Group, noted that his Newport Beach, California-based brokerage firm is “seeing a lot of interest in the Inland Empire.”

He said his company currently has several deals underway in the region, including one near the Ontario Airport. Reay pointed out that the most expensive hotel transaction in California in 2024 was the sale of the 398-room Riviera Resort in Palm Springs, which fetched roughly $58.7 million.

He attributed the region’s rapid growth to several factors, including the logistics boom and population relocation. “It’s just much more affordable than the coastal areas,” he said.

Reay also cited “the availability and affordability of land” as one of the most compelling selling points for developers throughout the region.

Sonesta has 10 hotels in the Inland Empire, including an Americas Best Value Inn & Suites in Joshua Tree.

Palm Springs growth

Palm Springs, meanwhile, continues to draw significant interest. Michael Stathokostopoulos, senior director of hospitality analytics at CoStar Group, described the area as “a major demand generator” within the Inland Empire.

“Palm Springs anchors resort demand with its upscale resorts, golf courses, shopping and signature events like Coachella. The area also attracts outdoor enthusiasts visiting Joshua Tree, local casinos or regional camping and RV destinations,” he said.

The Kirkwood Collection is one such upscale hotel company that has established a strong presence in the Palm Springs market. The Beverly Hills, California-based company’s luxury boutique portfolio includes La Serena Villas in the historic Tennis Club, Del Marcos Hotel, The Three Fifty and The Palm Springs Hotel.

Alex Kirkwood, founder and CEO of The Kirkwood Collection, described the market as an “international destination,” though he acknowledged that maintaining strong RevPAR can be challenging amid rising supply.

Kirkwood emphasized the importance of staying competitive in the area. “Every time there’s an uptick in demand, someone renovates, which pushes the rest of the market. When you’re the new kid on the block, it’s great. You can be an old hotel, renovate and suddenly you’re new again,” he said.

The sale of the Riviera Resort in Palm Springs for $58.7 million was the most expensive hotel transaction in California in 2024.

Growing submarkets

Kirkwood noted that several submarkets have also benefited as travelers seek more affordable alternatives to Palm Springs. “Joshua Tree was on fire for a while, but it seems to be cooling now,” he added.

Another hotspot in the region is Ontario, which is undergoing significant infrastructure development, including the expansion of the Ontario Convention Center, which is set to double its space to 500,000 square feet by the end of 2027. The Ontario Entertainment District, anchored by the Toyota Arena, is also ramping up development, including a new 60,000-seat performing arts venue.

“All of this is definitely going to help going forward and part of the reason you see increased hotel supply is due to these infrastructure projects,” said Stathokostopoulos, who added that group demand has been a “bright spot.”

According to CoStar, hotel supply within the Inland Empire remains strong, with about 1,900 rooms across 19 new hotels currently under construction. Stathokostopoulos noted that the most activity is occurring in the Riverside and San Bernardino Center submarket.

While he acknowledged that the Inland Empire is unlikely to sustain its recent growth pace of 5% over the last three years, Stathokostopoulos said it will “still exceed the national average,” projecting roughly 3.4% growth for the region.

“This is definitely more than what you see in other markets in California, many of which have high barriers to entry,” he concluded.

Handy also underscored Sonesta’s continued investment in the region going forward. “Taken together, the Inland Empire offers a compelling combination of corporate, leisure and group demand balanced against a manageable level of new supply. These fundamentals reinforce Sonesta’s confidence in the region as a long-term growth market,” he said.

Perelmuter has his team in place at Remington

New team focused on driving revenues, growing strict third-party business and increasing presence in CALA.

https://www.hotelinvestmenttoday.com/Deals/Management/Perelmuter-has-his-team-in-place-at-Remington

By Jeffrey Weinstein

PHOENIX – When joining Remington Hospitality in May of this year, the first thing Ben Perelmuter did as new CEO was to bring in his people to “set the stage with knowledge and need.” As Perelmuter puts it, “It all starts with people.”

Bringing in Jason Kreul as chief operating officer in July was the first call Perelmuter made, knowing if he got commercial right, they’d outperform. And as Kreul puts it, “I saw an opportunity on the commercial side and appreciate Remington’s culture around controlling expenses.”

In August, Cory Chambers joined Remington as chief commercial officer to drive topline performance, enhance guest engagement and support the company’s continued growth across key markets. Perelmuter said Remington is already starting to see results with an improved group booking pace for 2026.

Next, in September, Matthew Grauso joined Remington as vice president of operations – Caribbean, as CALA has become an identified opportunity for more robust growth in Mexico and Caribbean markets such as Costa Rica, Grand Cayman, the Dominican Republic and others.

Grauso brings nearly three decades of experience in resort and luxury hotel operations, with 23 years dedicated to Hawaii, specifically on the islands of Maui, Oahu, and The Big Island. He played a pivotal role in the construction, development, and pre-opening phases, driving the launch and strategic repositioning of properties for Starwood Hotels & Resorts, Marriott International and Highgate Hotels.

In February, Remington Hospitality will open ONE | GT in George Town in Grand Cayman, Cayman Islands.

The goal in CALA is to reach 20 hotels inside two years and start to cluster operations. Perelmuter added that Remington can bring sliver equity to the table, which they prefer over key money.

All-inclusive will be another focus in CALA with a few term sheets signed for deals in the Dominican Republic and Mexico.

“Brands are happy to see us in the region,” Grauso added.

Five priorities

Indeed, Perelmuter has set the stage with his team. But from a broader perspective, he said Remington has five major priorities, including top and bottom-line revenue growth, the customer, associates and the product. “I also see a need for balance across those priorities,” he told Hotel Investment Today at The Lodging Conference last week.

Another change has been made around structure with Perelmuter saying he has a direct line to the chairman, which allows him to quickly realign decision making.

Remington, with some 135 hotels today across 33 brands, is also further decoupling its portfolio away from assets owned by its parent company, Ashford, and growing strict third-party deals. Currently, more than 50% of the portfolio is strict third-party and Remington is working with some 35 ownership groups, according to Perelmuter, who said the bigger goal is to reach a 75% to 80% strict third-party platform.

At the same time, when considering further growth, Perelmuter added that Remington will put more emphasis on net profit than net unit growth.

And speaking of profitability, Perelmuter also said Remington is putting an even bigger emphasis on technology platforms to better align objectives with owners and address the industry’s flat growth projections.

Latest news: Westgate’s CALA deal; big Atlanta conversion; Peachtree financing equipment

https://www.hotelinvestmenttoday.com/Development/Owners/Westgate-CALA-deal-big-Atlanta-conversion-Peachtree-financing-equipment

By Rob Schneider

Breaking news about deals, development, data and more.

Westgate’s CALA investment. Orlando-based Westgate Resorts is partnering with a multimillion-dollar investment in the luxury Banyan Tree Bimini Resort & Residences development on Rockwell Island in Bimini, Bahamas. Westgate, Orlando-based Gissy Family Investments and others are investing with RAV Bahamas, created by Gerardo Capo, which built the $850 million project. The development offers homes with ocean views in the front and room for 80- to 120-foot docks in back on the bay. Rockwell Island will include an 18-hole golf course with larger homes, a boutique hotel and a nature preserve. This is Westgate’s first venture in the Bahamas and sets the stage for future opportunities in CALA for the company. Westgate has a portfolio of more than 60 resort properties.

More on Atlanta Marriott conversion. A pair of New York City-based companies, Monomoy Property Ventures and Axonic Capital, have selected Louisville, Kentucky-based Schulte Hospitality Group as the property management company after their acquisition of the 462-key Crowne Plaza by IHG hotel at the convention center in Atlanta. The hotel will be renovated and rebranded as the Marriott Atlanta and is scheduled to reopen in late 2027.

APF’s $1.6B in financing. Atlanta-based Access Point Financial (APF) has closed and committed to approximately $1.6 billion in hospitality-specific financings year-to-date. The financings comprise 51 hotel assets and include direct bridge loans, mezzanine loans, construction loans, preferred equity and hotel-specific SASB CMBS investments. APF said its pipeline is robust and has increased noticeably since Labor Day. The company said it has additionally grown its construction loan offerings considerably to include higher-leverage solutions.

Peachtree launches equipment finance division. Atlanta-based Peachtree Group has launched a new equipment finance division, broadening its credit platform and reinforcing its ability to provide flexible equipment lease financing across industries, including commercial real estate and hospitality. The division will be led by Brian Shaughnessy and Roger Johnson, who together bring more than 60 years of experience in equipment finance, specialty finance and portfolio acquisitions. This new platform represents a progression of Peachtree’s established private credit ecosystem. Many of the firm’s commercial real estate clients also require equipment financing, particularly in hospitality, where FF&E plays a critical role in new developments. The new unit will initially focus on financing lease transactions ranging from $500,000 to $10 million with terms generally between 24 and 84 months.

Houston hotel strike ends. Hotel workers at Hilton Americas-Houston, represented by Unite Here Local 23, have ended a 40-day strike after reaching a new contract agreement with the management. The strike, which was the first hotel strike led by union members in Texas, concluded when workers voted to ratify the agreement on October 10. The new contract includes wage increases, with the hotel housekeepers, stewards, and laundry attendants to earn a minimum of $20 per hour.

New brand in Italy. Cernobbio, Italy-based Villa d’Este is presenting Villa d’Este La Collezione, a new brand that represents a strategic step in the brand’s growth, with the aim of consolidating its presence on Lake Como, Italy. The new brand is welcoming two new destinations, Palazzo Venezia in Como and Miralago Luxury Apartments in Cernobbio. Palazzo Venezia will open on December 6, as the city’s first 5-star hotel affiliated with The Leading Hotels of the World. June 2026 will see the opening of Miralago Luxury Apartments in Cernobbio, which has been renovated from the former Hotel Miralago by Droulers Architecture.

Ennismore adds all-inclusive outside Europe. Ennismore is opening the 257-key SO/ Ras Al Khaimah, set to open later this year on the UAE’s Al Marjan Island. The new property will mark SO/’s first all-inclusive resort outside Europe and Ennismore’s debut lifestyle hotel in Ras Al Khaimah. The group’s global pipeline now exceeds 60 resorts with more than 25,000 rooms in development, including upcoming openings in Mexico, Egypt, Dubai and Vietnam.

Leaf adds in the UK. London-based Leaf Hospitality has signed the new 144-key Hampton by Hilton Wigan in the U.K. to its management and operations portfolio. The hotel forms a key element of Fettlers – the transformation of the former Galleries shopping center site in Wigan. This is Leaf’s 10th hotel signing.

Hyatt opens its first Caption in Australia. Hyatt Hotels Corp. is opening the 174-key Caption by Hyatt Central Sydney, marking the debut of the Caption by Hyatt brand in Australia and the Pacific. The hotel joins an expanding portfolio of Caption by Hyatt properties around the world, with locations in Shanghai, Osaka, Nashville and Tokyo.

First Novotel in Malta. Accor’s Novotel brand has opened its first hotel in Malta. The 293-key Novotel Malta Sliema is in Gżira and is managed locally by ST Group under a franchise agreement with Accor.

the Restoration. Modeled after Christopher Wren’s London city plan, they grew a village of churches, steeples, meeting places, trading places, grand houses, and ale houses.

The year before the Charles Town settlement, the Carolina colonies began operating under the Fundamental Constitution, believed to have been written by the English philosopher John Locke, who at that time served as secretary to the Proprietor of the Carolinas. Following the dictates of Charles II, who didn’t much care who lived in his colony so long as they weren’t papists, the Constitution guaranteed “ye liberty” to everyone, including “heathens, Jues, and other dissenters.”

For those who had been harangued, evicted, beaten, and murdered from one end of Europe to the other, until their backs were up against the Atlantic, an ocean that God hadn’t yet parted, hearing of “liberty” for “Jues,” even if they were second to “heathens,” must have been sweet words to downtrodden ears. The first written reference to a Jew in Charleston came in 1695—he was a Spanish-language interpreter for the governor. Populations of Sephardics began to arrive in droves as they sought escape from the long arm of Spain’s Inquisition, which terrorized Jews throughout the colonies of South and Central America, up through Florida. In 1742, Spain attempted an invasion of English-occupied Georgia, which sent even more running into Charleston’s protection.

Here they had safety, citizenship, and rights. The community grew, and the first congregation–Kahal Kadosh Beth Elohim—was established in 1749. A Jewish cemetery on Coming Street, which still survives today, opened in 1764. The Jews here fought in the American Revolution, and they fought in the Civil War–for the Confederacy.

Harlan Greene told me that to understand this allegiance, you had to look at the dedication ceremony for KKBE’s current building in 1841. “When they opened the synagogue and dedicated it, there’s an incredible statement made: Just as our ancestors defended their temple and their Jerusalem, we are going to defend our temple—and they call Charleston their Jerusalem. And that’s why they end up fighting for [the Confederacy in] the Civil War, because they have put down roots. They have been granted equality.”

After a renovation of the structure in 2020, the congregation rededicated the sanctuary with a plaque acknowledging that it was “constructed by a Jewish builder, whose skilled workers included enslaved African Americans.”

The first enslaved person was forced into Charleston only five months after its founding, and chattel slavery became the city’s defining industry. According to Robert N. Rosen’s A Short History of Charleston, “Three-fourths of all ‘heads of families’ in Charleston owned at least one enslaved person” between the years 1820 and 1840. And according to Greene, “Jews owned slaves at about the same percentage as non-Jews.”

“One reason,” Greene said, “that Jews did so well is because Blacks didn’t do well.” Slavery shifted the demographics of the city—by 1709, there were more Black people than white. “You can’t help but think that one reason Jews were doing well was because they’re of European descent. That’s the sad irony: Jews had no power in the structure, but they needed more and more white people to balance the enormous Black majority. As things got fairer for the Jews, it got worse for the Blacks. And yes, Jews were complicit.”

The house at 69 Meeting Street, where KKBE president Moses Cohen Mordecai lived.

Photo: Jeremy Tarr

The writer DuBose Heyward, most well known for writing Porgy, which George Gershwin turned into Porgy and Bess, wrote that Charleston had given “her beauty, her gardens, and her dim, old-fashioned ways.” Heyward lived on Church Street, and Porgy takes place nearby, on Cabbage Row. Heyward was right about Charleston’s beauty–especially in the heart of the historic district. Around the corner is the iconic Rainbow Row, a collection of 13 brightly colored houses that have been luring tourists and visitors for over a century. And scattered throughout the neighborhood are gloriously pristine Greek Revival mansions, still showboating the colossal wealth of long-dead fatcats.

For a city with such an ugly past, it’s one of the prettiest I’ve ever seen, and most certainly the loveliest in the country.

Tyler Page Wright Friedman, a tour guide and founder of Walk & Talk Charleston, drove me around this pastel wonderland. Among her company’s offerings, which include ghosts, gossip, and pink houses, is a Jewish history tour. She told me it’s not one of the more popular ones, and I can certainly understand why. It’s one grisly tale after another.

Here, at the mansion at 119 Broad Street, lived Mordecai Cohen, a Polish peddler who immigrated to Charleston in 1788, became “landed gentry,” and served as commissioner of the Hebrew Orphan Society; he also enslaved a man named Jim, who, after self-emancipating, recounted to abolitionists the cruel horrors he and many others endured at Cohen’s family plantation. Two blocks away, at the mansion at 69 Meeting Street, lived the confusingly similarly named Moses Cohen Mordecai, president of KKBE from 1861 to 1866; he was also a secessionist, a Confederate, and an enslaver. Another two blocks away, in the courtyard of the Dock Street Theater, is a plaque honoring Judah Benjamin, the first Jewish cabinet member in North America, who served as attorney general, secretary of war, and secretary of state; unfortunately, it was for the Confederate States of America (he also was the first Jewish person on currency–his portrait affixed the Confederate $2 bill).

Despite the density of all these Jewish homes and monuments concentrated in the historic district, this was certainly not a Jewish neighborhood. The historic district simply was Charleston. The city didn’t much expand beyond the tip of the peninsula, where the Ashley and Cooper Rivers meet, until the 19th century. And in the aftermath of the Civil War, when so much lay in ruins, many Jewish families moved away altogether. Moses Cohen Mordecai went to Baltimore, Judah Benjamin fled to England, and others traveled west. But plenty didn’t change their minds on slavery. Harlan Greene told me of Franklin Israel Moses, Jr.–Jewish on his father’s side, Methodist on his mother’s–who became governor of South Carolina, and actually reversed his position, accepting civil rights. However, “he was vilified by the Jewish community for that,” Greene said. “People changed their names and did not want to be associated with him.”

Post-Bellum Charleston stagnated for decades, and so did the Jewish community. It only began to revitalize in the late 19th and early 20th centuries. The second large wave of Jewish immigrants arrived–Eastern Europeans fleeing pogroms and persecution. They consolidated into a single neighborhood. “Eastern European Jews brought the shtetl mentality,” said Greene. Meaning, it’s better to stick together in one area–just like they had done in the old country–rather than spread out all over the city.

Soon, this neighborhood had a name: Little Jerusalem.

“In the sanctuary, you can feel the presence of generations who came before you,” the rabbi told me. “It’s tangible. We’ve been sitting in the same uncomfortable pews for decades and decades and decades and decades. When you do a Sulzer Sh’ma,” she said, referring to the traditional Sh’ma prayer, the central declaration of faith in Judaism, set to music by the Viennese cantor Solomon Selzer, “and you can imagine that they were also singing that in the 19th century. And you close your eyes and your voice gets softer for the second line, Baruch shem kvode [‘Blessed be the Name’]. It’s like you can hear the echoes, not just theoretically, but the actual resounding echoes of generations who came before you. And there’s so much inspiration in that. This sense of mission and legacy and responsibility to generations who came before and making sure that it’s there for generations to come after you, which means it needs to be relevant and current and modern and exciting, so that we continue to bring people into that space to be inspired. We are a vibrant, growing, dynamic congregation.”

To be surrounded by children, little boys in their kippahs speaking more Hebrew than I knew at their age (and probably more than I know now), and to see them in the embrace of this good and noble congregation that wants so badly to learn the lessons of the past to heal the present and protect the future–it is in many ways a profound blessing, and a beautiful way to start a year.

Human Foot Washes Up on Popular Tourist Beach

https://www.fodors.com/news/news/this-week-in-travel-human-foot-on-ibiza-beach-smithsonian-closures-london-anti-harassment-campaign

Apeksha Bhateja

This week in travel, we have uncovered several stories that might have flown under your radar. Among them: a human foot washed up on the shore of a beach in Ibiza; amid the shutdown, Smithsonian museums and the National Zoo have closed their doors; and a new campaign in London is urging commuters to stand up against harassment and abuse.

Dive into these and more as we examine the latest in travel news.

NO.1    AIR CANADA TO SERVE FREE BOOZE

Canada’s flagship carrier Air Canada announced it will serve free wine and beer to all passengers, including economy class. The change will make it the first North American legacy airline to offer free alcohol to passengers on all flights.

Scott O’Leary, vice president of loyalty and product, said, “Food and beverage just tend to have a disproportionate impact on customer satisfaction, more than any other attribute of our products and services.”

The airline is trying to woo passengers after its baggage policy change last year added extra baggage costs to tickets. But it’s easier and more cost-effective to serve alcohol than cut baggage fees, O’Leary said. “That’s just not something that’s easily waived or given to everybody without having to have some impact on ticket price.”

NO.2    SMITHSONIAN MUSEUMS SHUTS DOWN

The government shutdown has entered its third week. After 11 days, the Smithsonian museums and the National Zoo closed. The group of 21 museums, the zoo and its research centers had kept their doors open using budgets from previous years. The Smithsonian’s X account announced it will not share updates other than its operating status, and the animal cameras will not be operating.

The shutdown has also affected travel across the U.S. Some national parks are closed, but most have remained open with skeleton crews and minimal services. Air traffic controllers have also started calling in sick, leading to delays and disruptions across the country.

NO.3    CAMPAIGN ASKS LONDON COMMUTERS TO STAND UP TO HARASSMENT

Transport for London, the agency that runs the Underground, buses and trams in the capital, launched a new campaign asking commuters to step in if they see someone being harassed.

“For National Hate Crime Awareness Week and beyond, we’re sharing real stories of people who made a difference by being active bystanders and acting like a friend by stepping in, showing kindness, and helping to defuse difficult situations,” TfL explained.

The video depicts different situations on public transportation where people have been victims of hate crimes and harassment. It urges people to act like a friend and “only intervene if you feel safe,” the ad notes.

Last year, sexual harassment on public transportation in London increased more than 10% year over year, TfL said. The transport authority launched a poster campaign asking people to intervene and report offenses.

NO.4    HUMAN FOOT WASHES UP ON BEACH

A beachgoer found a human foot on Playa d’en Bossa, a popular Ibiza beach, last week. The person was taking a morning walk when they spotted the foot and alerted authorities. The person also held it back with a stick to ensure it was not carried back into the water. Police and forensics arrived on Plata d’en Bossa beach and closed the area for investigation. It is possible the foot washed ashore after Storm Alice made landfall in Spain.

Related: 10 Extremely Weird Things That Have Washed up on the World’s Beaches

NO.5    HELICOPTER CRASHES IN HUNTINGTON BEACH

A helicopter crashed in Huntington Beach, California, on Saturday. It happened near a parking lot between Beach Boulevard and Twin Dolphins Drive. The chopper hit a pedestrian bridge before coming down among trees in front of the Hyatt Regency hotel. Five people, including two passengers, were taken to hospitals after being pulled from the wreckage. Police closed the area to investigate.

Videos posted on social media captured the helicopter spinning before going down. The chopper was part of the event Cars ‘N Copters, which was held on Sunday. An eyewitness told ABC, “This could have been a lot worse, a lot worse. There were hundreds of people lined up. It could have been a lot worse.”

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