Inside Rafael Nadal's dreamy hotel in Mallorca, Spain
ZEL Mallorca offers up beachside relaxation inspired by the Mediterranean lifestyle. Tennis champ Rafael Nadal wants you to relax—the Mediterranean way…
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Foster + Partners designs Equinox hotel for Saudi Arabia's Amaala resort
British studio Foster + Partners has unveiled designs for the Equinox Resort Amaala hotel, which will feature a circular "floating" canopy and be located on the west coast of Saudi Arabia.
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ISHRAQ HOSPITALITY EXPANDS ITS PORTFOLIO WITH NEW RESORT AND HOTEL APARTMENTS IN BATUMI, GEORGIA
Ishraq Hospitality, the asset management and hospitality division of Mohamed & Obaid AlMulla Group, today announces the signing of a Hospitality Management Agreement (HMA) with Rekan Group, marking a significant milestone in their strategic…
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Growing Importance of Wellness in the Hospitality Real Estate Sector
Latest Trends in Wellness Real Estate Sector - Only a few years ago, wellness real estate sector was only an emerging industry, not well understood by the stakeholders, from consumers to developers and investors…
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AccorInvest and m3connect: taking hospitality to the cloud
Through its partnership with m3connect, AccorInvest has used the cloud to enhance the sustainability, efficiency and resilience of its hotel portfolio
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Accor announced the creation of Accor One Living – an industry-first platform dedicated to the integration of innovative hospitality solutions into mixed-used developments.
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European Hotel Leaders Expect More Distressed Sales
What's ahead for hotel investment in Europe? A survey of more than 100 hotel leaders points to both risks and a window for opportunistic acquisitions.
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BIGGER IS ONLY BETTER WITH TRAINING WHEELS ON
In a perfect world, increasing size and scale should lead to operating efficiencies, improved profit margins, a strong growth trajectory (both per unit and in the number of units), career opportunities for employees, and competitive prices and…
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The branding decision process from the owner’s perspective
The thought process involved in the branding decision process will undoubtedly impact the long-term success of the asset…
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BRIDGE FINANCING CRITICAL FOR ENTREPRENEURS
As my colleague Stephen O’Connor says, “bridge lenders are keeping the industry going – they lend where others won’t and have a penchant for executing on the most innovative hospitality projects.” This is truer now than it has ever been with…
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THE CASE FOR URBAN, BIG BOX HOTEL INVESTMENT
The question of the day for many hotel investors is, “Where do we go next?”
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Asia's richest man is buying the Mandarin Oriental in New York for $98 million
Asia's biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New York City for just over $98 million.
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A Practical Guide to Hotel Appraisals
As hotel lodging performance continues to recover from the effects of Covid-19, there have been increasing signs that investors are again buying, selling or refinancing of hotel assets…
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5 reasons why to start a business is during a recession
Despite the setbacks of the pandemic, 2021 actually looks brighter regarding economic projections and business possibilities…
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Distressed Hotels: Financial Restructurings and Bankruptcy
COVID-19 has been devastating for the hospitality industry. Hotel occupancy rates are still well below normal. While some lenders are still granting relief to borrowers, lenders increasingly have been foreclosing on properties…
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Macao casino shares tumble after police arrest Suncity founder
Macao casino stocks slid on Monday, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering, with the founder of the gaming hub's biggest junket operator among those detained…
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MGM Resorts to Acquire Operations of the Cosmopolitan in Las Vegas for $1.625b
MGM Resorts International announced that the Company has entered into a definitive agreement with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the "property" or "The Cosmopolitan") for cash consideration of $1.625 billion…
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Gilda Perez-Alvarado receives 2021 Castell Award
Officials of Castell Project Inc., a 501(c)3 nonprofit organization dedicated to accelerating the careers of women professionals in the hospitality industry have named Gilda Perez-Alvarado, global CEO, JLL Hotels & Hospitality, as the recipient of…
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