Galactic Starcruiser: Even just closing the Star Wars hotel costs Disney $2.5 million per room
You think the Star Wars hotel rooms were expensive for you? It cost Disney even more!As if the May announcement of the closure of Galactic Starcruiser — the much-hyped Star Wars hotel at Walt Disney World that dared to ask, “what if you asked fans…
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Singapore-based City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—will continue to look for overseas acquisitions even as soaring interest rates are starting to dampen the property group’s earnings…
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Omni Homestead’s Cascades Course, Sam Snead’s Stomping Grounds, Celebrates Centennial
But Dallas based TRT Holdings, the owner of the Omni hotel chain, seems to grasp the timeless truism that old gems can also sparkle anew. The fountain of youth being a major capital investment…
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Loews buys hotel next to $550M, 900-key it is building in Arlington
Entertainment district taking shape near Cowboys, Rangers stadiums - Loews Hotels topped out its $550 million, 888-key hotel near the home of the Dallas Cowboys and the Texas Rangers this week, and it just bought 311 keys north of the Rangers’…
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IHG signs first voco resort in Middle East and Africa region
IHG Hotels & Resorts has strengthened its footprint in the Middle East and Africa region with the signing of a management agreement with Akam Al Rajhi for voco North Coast in Egypt.
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Record room rates attract hotel investors
Record-high rates and revenue are attracting investor interest in Western Canada’s hotels…
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New 142-bedroom hotel in Howth gets the green light
A new 142-bedroom hotel on the grounds of the former Deer Park Hotel in Howth has been given the green light…
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Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
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Why markets don't favour much-anticipated demerger of ITC's hotel biz
Chennai, July 30 (IANS) The demerger of the hotels business from ITC Ltd (NS:ITC) has been talked about for a long time…
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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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Hospitality building construction costs for 2023
Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities.
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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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