Dubai Party Hotel Operator Five Plans IPO in City in 2025
FIVE Holdings chairman says long-term goal is an IPO and would list in Dubai, and possibly in London too…
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An unusual Four Seasons backstory
Hotel development typically follows a straightforward business narrative: The owner, often a real estate investment group, shops for a brand that makes sense for the location and property attributes. A deal is struck, and a flag is raised…
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MGM casino-resort project in Japan closes certification with signed agreement
MGM Resorts says its plan for a new casino-resort in Japan took another step forward after signing an implementation agreement for the development this week…
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Sharjah’s Shurooq plans four new hotels in expansion push
The government-owned entity aims to tap more international tourists amid higher travel demand, its chief executive says…
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Killeavy Hotel Estate: Co Armagh hotel named 'best in NI' at prestigious hospitality awards
'We are honoured to have been recognised for its exemplary offering.' A Co Armagh hotel has been named AA Hotel of the Year for Northern Ireland at prestigious UK-wide hospitality awards ceremony…
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Atlantic Hotel shortlisted for Independent Hotel of the Year award
The Atlantic Hotel has been shortlisted for the Independent Hotel of the Year Award at this year’s Independent Hotel Show. The annual awards ceremony will take place at the Olympia National in London on the 16th October…
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IOI’s Lee brothers join Asian billionaires in S’pore hotel building spree
Lee Yeow Chor and Lee Yeow Seng among at least 10 Asian billionaires investing over RM20.6 billion to build new hotels across the island state…
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Forbes: Asia’s billionaires ramping up hotel investments in Singapore
At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state…
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On Sept. 19, the Raleigh City Council voted to direct staff to enter into negotiations with Omni Hotels and Resorts to develop the highly-anticipated convention hotel in the core of downtown Raleigh…
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UAE to have 9,200 more hotel rooms by end of this year, report finds
Total rooms in Dubai are expected to reach 154,000 by the end of 2023, up 6.4% from last year, Knight Frank says.
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Utah’s Stein Eriksen Lodge and residences named finalists in World Ski Awards
PARK CITY, Utah — The 2023 nominees for the highly regarded 11th Annual World Ski Awards have been announced, featuring the Stein Eriksen Lodge as a contender for the coveted title of the United States’ Best Ski Hotel…
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Amherst's zombie hotel has come back to life as apartments
Amherst’s former zombie hotel has come back to life – as apartments…
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Netflix Billionaire Buys North America’s Largest Ski Resort
The latest news in the ski world is the marriage of a 21st-century tech billionaire and a troubled ski mountain…
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Woods Bagot explores ‘the future’ of the luxury hotel design
In pursuit of wonder – the future of the luxury hotel industry is written in the difference between visiting a place and experiencing a destination…
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Frank Lloyd Wright’s Imperial Hotel enters the history books
The iconic downtown hotel is set for a comprehensive facelift - For the past 130 years, Tokyo’s Imperial Hotel has witnessed the city’s changing landscape, Japan’s emergence into a tourism hotbed and makeovers by several architects…
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Dubai’s Five Hotels Publishes Financial Results for First Time
One of Dubai's top hotel holding companies suddenly posts two and a half years of financial data on its website. Either FIVE is feeling very proud of itself, or it's planning to go public soon.
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Plans to develop £20m aparthotel in Belfast
Northern Irish developer Lotus Property is set to open a £20m aparthotel in Belfast in 2025. The site, on the city's Wellington Place, was formerly offices for HMRC but was acquired by Lotus in 2020…
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Forsaken Tales! 14 Of The Most Popular Abandoned Hotels Around The World
Have you ever visited a forgotten place amid ruins and overgrown creepers and imagined what it would have looked like during the days of its former glory? Or perhaps felt the urge to explore a decaying structure and find out what lies within its…
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