What Germany’s struggling economy means for hotel investors
Germany is losing its attractiveness for investors with a number of studies by companies such as EY and KPMG showing that the country is no longer the darling it once was.
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What Germany’s struggling economy means for hotel investors
Germany is losing its attractiveness for investors with a number of studies by companies such as EY and KPMG showing that the country is no longer the darling it once was.
read more
China, Kazakhstan upgrade tourism cooperation
A report from People’s Daily: The opening ceremony of the Kazakhstan Year of Tourism in China in 2024 was recently held in Beijing. China and Kazakhstan will hold a series of splendid activities throughout the year of tourism, which include art…
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Man gave up on Tintern hotel housing plan after years of delay
A DEVELOPER says he ran out of patience waiting for council planners to decide whether or not he could build houses on the site of a former hotel right opposite Tintern Abbey.
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Steady growth in Vietnam’s tourism attracts interest from international hotel companies
Tourism in Vietnam has been witnessing steady improvement since the past two years. With its stunning beaches, tropical forests, rice terraces and verdant islets, the South East Asian country has something for everyone…
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Generator built its business on the hostel concept. Just don’t call it that anymore.
In 2005, the film director Eli Roth made a movie that gave hostels a really bad name. Putting the ludicrous plot and gory violence aside, “Hostel,” a film about two college students and their bad travel choices, cast hostels in a very seedy light…
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SHA Wellness Clinic launches healthy living island in Middle East
SHA Wellness Clinic has partnered with IMKAN to launch the world’s first healthy living island. SHA Emirates will be located in AlJurf, an enclave on the coastline approximately halfway between Abu Dhabi and Dubai…
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Branson sells Mallorca Son Valenti hotel to top Danish Banker
Kim Fournais, Saxo Bank’s Founder and CEO, has acquired the hotel property, Son Valenti, which spans more than 200 hectares, from Virgin Hotels Collection under the Virgin Group.
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Hilton doubles down on Southeast Asia with new signings
Hospitality giant Hilton has announced a significant expansion in Southeast Asia with the signing of 11 new properties across Thailand, Vietnam and Indonesia.
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Aimbridge’s new CEO is busy fixing the company. He’s doing it with a rolling pin.
Imagine a layer cake. Multiple sheets of stacked cake bound by frosting. All the layers are connected, but when the tines of a fork dig in, it can be a deep dive from the top section to the bottom one…
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IHG and NOVUM open first co-branded hotel in Germany
IHG Hotels & Resorts and private hotel operator NOVUM Hospitality have jointly opened their first hotel in Germany following a recent partnership.
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IHG builds pipeline in Caribbean and Latin America
Supported by a string of development and management partners, IHG Hotels & Resorts is expanding its luxury and lifestyle portfolio across Mexico and the Caribbean.
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Marriott International, Inc., announced its plans to expand its portfolio in France with the expected addition of 10 properties with over 1,000 rooms by the end of 2025. The anticipated openings will further strengthen the company’s footprint in…
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LE: Global construction pipeline at all-time high room count
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the…
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Hilton names Kevin Osterhaus, president, global lifestyle brands
With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton is set to double its presence in the fast-growing lifestyle category in the next four years.
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Hotel development is a complex undertaking. It requires little of the skills to operate and monetize the asset. Owners and architects are often ill-equipped to measure up the requirements for running a successful hotel a few years down the…
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Hotel Lotte plans asset light expansion route
Following a boom year for profits in its hotel and resorts division, South Korea's Hotel Lotte has committed to increase its rate of expansion for the business both in its home market, and in adjacent markets such as Vietnam…
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What’s Happening at The Hotel Show, 4-6 June at Dubai
The Hotel Show 2024 is fast approaching, with the organizers announcing the participation of 28 countries.
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Movinn launches high-end aparthotel in prime Malmö location
Movinn Sverige is relaunching Hotel Duxiana under a new brand, turning it into a premium 21-unit aparthotel.
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