More than 1,800 new hotel rooms completed construction last year, bringing total stock to an estimated 66,200 as of December. According to Fáilte Ireland research, 12% of all registered tourism bed stock is under contract to the state…
read more
By tag
Select Tags:
GIC Seeks to Sell Hilton Hotel in Japan for Over $580 Million
Singapore sovereign wealth fund GIC Pte is considering selling a 1,053-room hotel in western Japan, and has been marketing the property to potential investors since late last year, according to people familiar with the matter…
read more
Plans to build homes, hotel towers in Bal Harbour meet with fierce resistance
The owners of Bal Harbour Shops, a luxury shopping centerpiece for 60 years in the middle of a $550 million expansion, plan to build bigger. Armed with Florida's Live Local Act, developers revealed blueprints for towers more than 270 feet tall…
read more
A Norwegian venture into hotel entrepreneurship in Cambodia
In 2003, Norwegian Karl Johan Remoy embarked on a journey. A journey that would take him from being a globetrotting consultant to becoming an entrepreneur in Cambodia’s hotel industry…
read more
Ultra-exclusive Utah ski resort development halted by judicial stop work order
The Wasatch Creek Ranch is an ultra exclusive development, one that would have its own ski lifts a Tom Fazio golf course and an extremely limited membership. It appears to be similar to the Yellowstone club in Montana…
read more
TUI Hotels & Resorts expands portfolio & debuts luxury brand, The Mora
TUI Group continues its growth momentum with plans to expand its porfolio from 424 hotels to 600 in the mid-term. The global tourism leader is also launching a new upscale brand, The Mora, in Zanzibar, Tanzania…
read more
Luxury hotel plans threaten East Jerusalem’s Armenian quarter
Activists say a controversial deal to build a luxury hotel could destroy part of East Jerusalem’s historical Armenian quarter, accusing the company behind the plan of paying people to seize land by force…
read more
Savills: Supply of new Irish hotel rooms likely to remain limited
The value of hotel transactions in Ireland fell 30% last year to €350m as the hike in global interest rates hit hard, and the supply of new rooms will likely be limited for some time, with a share of Dublin hotel accommodation remaining contracted…
read more
Zanzibar is set to build the first-ever 7-star hotel in East Africa
Zanzibar is looking to set new standards for African hospitality by building a seven-star hotel. This is also part of its strategy to strengthen its primary industry, tourism. The hotel will be built on a small island…
read more
Lake District manor hotel sold after 40 years
Aynsome Manor Hotel has been acquired off a guide price of £1.15m - Aynsome Manor Hotel in Cartmel, Lake District has been sold for £1.15m after 40 years under the same family ownership…
read more
Regal Hotels to develop properties in Saudi Arabia
Regal Hotels Group, Cosmopolitan International Group, and the Ministry of Investment of Saudi Arabia (MISA) have signed a Memorandum of Understanding (MoU) to jointly explore a strategic partnership in hotel development and management…
read more
Dubai’s Dutco Group acquires Scottish hotel and golf resort
Mar Hall Hotel, Golf and Spa Resort has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners…
read more
Valuable insights into how technological advancements harmonise with sustainability to redefine luxury in hospitality within the Indian context…
read more
Then & Now: Danville and Bristol prepare for permanent casinos to open in 2024
Temporary casinos have been operating in both cities and have brought in more than $270 million in gaming revenue in 2023…
read more
Centibillionaire Bill Gates is back in the headlines with his recent acquisition of Downtown Nashville’s Dream Hotel building…
read more
Q&A: Project Management Advisors’ Mark Knott Discusses 2024 Hospitality Trends
Throughout 2023, the hospitality industry has experienced a number of shifts…
read more
Ice hotel opens in Sinetta, Finland
Tourists visit an ice hotel in Sinetta, Finland, Dec. 28, 2023. An ice hotel with ice church, ice restaurant, ice bar and other facilities opened in Sinetta, attracting many tourists. (Xinhua/Chen Jing)…
read more
Less appetite for Dutch hospitality in 2024
The outlook for the Dutch hospitality industry is bleak, with minimum volume growth of 1%. After a major catch-up in 2022 and early 2023, consumers will take a step back in 2024 in terms of restaurant and hotel visits…
read more