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Kabani’s 8th Annual Hotel Investment Forum set for Oct. 24

The forum, themed “The Time Is Now,” will offer insights and networking opportunities

Kabani’s 8th Annual Hotel Investment Forum set for Oct. 24

KABANI HOTEL GROUP, a Miami-based hotel brokerage firm, is set to host its 8th Annual Hotel Investment Forum at the JW Marriott Marquis Miami on Oct. 24. The forum, themed “The Time Is Now,” will provide insights and opportunities for attendees to connect with industry peers through sessions, panel discussions and networking, Kabani Hotel said in a statement.

Kabani Hotel Group is led by its Founder and CEO Ahmed Kabani, a South Asian and former leader of Marcus & Millichap’s national hospitality group. He launched the group with partners Luis Garino, Suraj Dalal, Kian McLean and Lucas Mondino.


The Hotel Investment Forum serves as a pivotal platform for discussing the hospitality industry's future in South Florida,” said Kabani. “This year, we look forward to sharing insights on how we can collectively navigate the evolving market landscape and capitalize on emerging opportunities.”

The forum will cover topics such as the national and Florida hospitality outlook, cost management strategies, capital market availability and the evolving travel landscape.

The event will feature a lineup of speakers, including Greg Friedman, CEO of Peachtree Group; Zack Gharib, president of Red Roof; Miraj Patel, chairman of AAHOA; Andy Ingraham, president, founder and CEO of NABHOOD; Will Garson, vice president of Investments at MCR Hotels; Jeffrey Kolessar, chief development officer at GF Hotels & Resorts; Brian Waldman, chief investment officer of Peachtree Group; John Lancet, senior managing director at HVS; Maddie Jansen, associate regional director at BWH; Rahit Mathur, CEO and co-founder of Bridge and Sharad Gandhi, regional vice president at Choice Hotels.

Kabani Hotel recently facilitated the off-market sale of a 110-room hotel in Miami Springs, Florida, for $16.2 million, or $147,272 per room.

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Photo credit: Wyndham Hotels & Resorts

Wyndham’s RevPAR dropped 5 percent in Q3

Summary:

  • Wyndham’s global RevPAR fell 5 percent in the third quarter.
  • Net income rose 3 percent year over year to $105 million.
  • Development pipeline grew 4 percent year over year to 257,000 rooms.

WYNDHAM HOTELS & RESORTS reported a 5 percent decline in global RevPAR in the third quarter, with U.S. RevPAR down 5 percent and international RevPAR down 2 percent. Net income rose 3 percent year over year to $105 million and adjusted net income was $112 million.

The company’s development pipeline grew 4 percent year over year and 1 percent sequentially to 257,000 rooms, Wyndham said in a statement.

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