Blackstone buys Kyoto Moxy Nijo hotel for $54 million amid tourism boom
Blackstone (NYSE:BX) Inc. has acquired the Moxy Kyoto Nijo, a Marriott International (NASDAQ:MAR) hotel, for ¥8 billion ($54 million), tapping into the flourishing Japanese hospitality market fueled by a robust recovery in tourism…
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Indonesia's hotel sector soars
Exciting developments in Indonesia's hospitality industry! The latest hotel construction pipeline report for 3Q2023 has positioned Indonesia prominently in the Asia Pacific region (excluding China)…
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Niagara Falls landmark to be transformed into $200 million boutique hotel
After a three-stage public procurement process, redevelopment plans are now locked in to restore and revamp the abandoned Toronto Power Generating Station in Niagara Falls, Ont…
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Arrow Global, in collaboration with a Portuguese construction company, has invested in the Palmares Ocean Living & Golf tourist resort, in Lagos, Algarve…
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The Sedona Hotel Yangon in Myanmar is set to reopen Friday after an extended shutdown due to COVID-19 and the military's 2021 takeover of the government, with limited demand expected from business travelers and well-off domestic customers…
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ROI: How to balance the dynamics of hotel brand standards
Industry leaders explore the intricate balancing act of maintaining brand consistency while allowing room for the individuality and uniqueness that hotels need to flourish in an ever-evolving market.
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STUDIO QI's straybirds suji prairie hotel in mongolia evokes traditional nomadic yurts
Situated on the vast Mongolian prairie near Suji, a boutique hotel dubbed StrayBirds Suji Prairie takes shape with architecture by Chinese firm STUDIO QI…
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2023 Eat Drink Design Awards: Best Hotel Design
Capella Sydney is an exemplar of adaptive reuse…
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Dubai Is The Hottest of Hotspot for Branded Residences
The highest growth over the pipeline period until 2030 can be found in the Middle East - By a considerable measure, the hottest of hotspots for branded residences is Dubai, with 51 operational schemes, property consultancy Savills said in its latest…
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ADB sees growing potential of alternative accommodations
MANILA, Philippines — Southeast Asian countries need to legally define alternative accommodations and simplify online registration systems and licensing requirements to strengthen the regulation of the growing sector and maximize its benefits to the…
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Over 30 ‘outstanding’ Polish hotels preselected for new Michelin award
Over 30 hotels in Poland have been out forward for a new award from gastronomic bible the Michelin Guide…
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The Most Magnificent Cave Hotels Worldwide
Seeking an adventure that’s out of the ordinary? Plan your next trip to a cave hotel…
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You’d be forgiven for having not heard of Henningsvær. Found way up in the arctic circle, the archipelago in northern Norway is a small fishing village of just 510 people – and also the site of the latest project by Jonathan Tuckey Design (JTD)…
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Discover The United Arab Emirates' Eco-Friendly Hotel Industry
With Cop28 fast approaching, hotels and resorts around the nation are making sustainability a top priority. As the countdown to Cop28 nears its end, all eyes will be on the United Arab Emirates and its dazzling array of five-star hotels…
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Digital Nomad Startup Raises $325 Million For 150 Boutique Hotels
Traditional short-term rentals often don't work well for the digital nomad who also wants to socialize. Outsite is trying to fill that gap…
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CBRE: REVPAR REBOUND EXPECTED IN 2024 AFTER SUMMER DECELERATION
U.S. HOTELS REVPAR growth is likely to recover in 2024, as inbound international travel further improves and sector-specific headwinds moderate, according to CBRE…
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Lynette Montoya, a prominent figure in the hospitality and economic development sectors, has announced her investment in Dream Exchange, the first minority stock exchange, in formation…
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Native Places opens seventh aparthotel in London venue with royal connections
Native King’s Wardrobe, home to 92 apartment-style rooms, gets its name from its previous life as a storehouse for the King’s state and ceremonial robes in the 14th century…
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