GIC Seeks to Sell Hilton Hotel in Japan for Over $580 Million
Singapore sovereign wealth fund GIC Pte is considering selling a 1,053-room hotel in western Japan, and has been marketing the property to potential investors since late last year, according to people familiar with the matter…
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A Norwegian venture into hotel entrepreneurship in Cambodia
In 2003, Norwegian Karl Johan Remoy embarked on a journey. A journey that would take him from being a globetrotting consultant to becoming an entrepreneur in Cambodia’s hotel industry…
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Ultra-exclusive Utah ski resort development halted by judicial stop work order
The Wasatch Creek Ranch is an ultra exclusive development, one that would have its own ski lifts a Tom Fazio golf course and an extremely limited membership. It appears to be similar to the Yellowstone club in Montana…
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Luxury hotel plans threaten East Jerusalem’s Armenian quarter
Activists say a controversial deal to build a luxury hotel could destroy part of East Jerusalem’s historical Armenian quarter, accusing the company behind the plan of paying people to seize land by force…
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Savills: Supply of new Irish hotel rooms likely to remain limited
The value of hotel transactions in Ireland fell 30% last year to €350m as the hike in global interest rates hit hard, and the supply of new rooms will likely be limited for some time, with a share of Dublin hotel accommodation remaining contracted…
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Zanzibar is set to build the first-ever 7-star hotel in East Africa
Zanzibar is looking to set new standards for African hospitality by building a seven-star hotel. This is also part of its strategy to strengthen its primary industry, tourism. The hotel will be built on a small island…
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Lake District manor hotel sold after 40 years
Aynsome Manor Hotel has been acquired off a guide price of £1.15m - Aynsome Manor Hotel in Cartmel, Lake District has been sold for £1.15m after 40 years under the same family ownership…
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Hotelier and magician Sarah and James Brown deeply missed
I admit that I have always felt a weakness for great hotels that have been doing exceptionally well for more than a century. Day by day, minute by minute…
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GAW CAPITAL SELLS SINGAPORE’S HOTEL G TO CAPITALAND’S ASCOTT FOR $180M
Gaw Capital Partners has completed the sale of the Hotel G in Singapore to an entity controlled by CapitaLand Group, according to corporate records filed with local authorities…
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An Armenian Architect Built Three High-class Hotels near the White House
WASHINGTON — There are three high-class hotels near the White House built by an Armenian-American architect. What are now St…
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Regal Hotels to develop properties in Saudi Arabia
Regal Hotels Group, Cosmopolitan International Group, and the Ministry of Investment of Saudi Arabia (MISA) have signed a Memorandum of Understanding (MoU) to jointly explore a strategic partnership in hotel development and management…
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Dubai’s Dutco Group acquires Scottish hotel and golf resort
Mar Hall Hotel, Golf and Spa Resort has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners…
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Valuable insights into how technological advancements harmonise with sustainability to redefine luxury in hospitality within the Indian context…
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Centibillionaire Bill Gates is back in the headlines with his recent acquisition of Downtown Nashville’s Dream Hotel building…
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Eco-Luxury Travel: The New Trend in High-End Tourism
Luxury travel has traditionally been associated with extravagance and opulence. However, in recent times, a significant shift towards ecological awareness is redefining this sector…
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Meet the Icelandic hotel owner who refused to leave evacuated town even as volcano set to erupt
‘The whole of Iceland could erupt at any time’ claims defiant Grindavik hotel owner who has lived in fishing port for more than 50 years - While others fled the earthquake that split the streets of an Icelandic town, one man refused to comply with…
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‘Urban resort’ Nagasaki Marriott Hotel to open shortly
The first Marriott hotel in Kyushu will open Jan. 16 with the aim of offering a resort-style experience despite overlooking a train station in the city center here…
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Hotel consortium buys Great Yarmouth’s The Royal Hotel
55-bedroom seafront hotel has been purchased by AYA Hotels, a consortium of three hospitality businesses based in the Norfolk region…
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