Billionaire to sell infamous Las Vegas Strip hotel Circus Circus
Billionaire Phil Ruffin is looking to sell one of the Las Vegas Strip’s most infamous properties, but whether or not this spells the end of Circus Circus remains to be seen.
read more
Portugal’s hotel market has a strong development pipeline, as investors see consistent growth in the country’s tourism sector. A report from agent Christie & Co details the opportunities, and the development pipeline in the country…
read more
Canada’s first Hard Rock Hotel set to open in London
BRISBIN BROOK BEYNON ARCHITECTS — A former cereal factory in London, Ont. has been transformed into a Hard Rock Hotel that is nearly complete. It will open with 164 rooms in its first phase, with plans to expand to 353 rooms in the second phase. It…
read more
Mohari CEO Smith talks growth plans
Mohari Hospitality is not a big institutional investor, but CEO J. Allen Smith said as it continues to develop more partnerships, it is certainly creating institutional-like capital firepower.
read more
How Machine Learning Can Help Hotels Via Segmentation Recommendations
Into 2025, this is going to be the ‘year of data’ wherein hotels now have the tools to develop real-time data flows and structured data warehouses to conduct proper AI-driven analyses. Lucrative and alluring in theory; the reality here still far…
read more
Management challenges, changes for 2025
Addressing labor costs and retention, as well as F&B profitability top of mind for managers who are creating more incentive-based deals.
read more
Review of 2024: The year in APAC hospitality deals
The appeal of hospitality has driven a surge in transactions across Asia-Pacific in 2024, with JLL forecasting that the region will reach a record $12.2 billion in hotel deals by year end…
read more
Jeremy McCarthy: 2024 marked watershed moment for wellness in hospitality
For three decades, the wellness trend in hospitality has been gradually gaining momentum. Yet, according to Jeremy McCarthy – group director of leisure, spa and wellness at Mandarin Oriental – the industry shattered an “atmospheric ceiling” in 2024…
read more
Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel
Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the matter…
read more
Billionaire property developer Sam Arnaout buys two hotels in Sydney
Sam Arnaout bought the Cabramatta Hotel in west Sydney and the El Cortez Hotel in Canley Heights in a deal worth close to $200 million.
read more
Sarovar Hotels bets big on highway properties; 80 projects in pipeline
Sarovar Hotels is expanding its focus to highway hotels and resorts near major cities, capitalizing on India's growing road network. With 80 projects in the pipeline, the company aims to surpass 150 hotels by 2025, adding 15-20 annually…
read more
Minor Hotels’ remarkable global expansion
In October 2018, Minor Hotels made a transformative leap into the global hospitality landscape with the €2.3 billion ($2 billion at the time) acquisition of Madrid-based NH Hotel Group. This ambitious move added 385 upscale and luxury properties…
read more
Growth plans for demerged ITC Hotels
As it demerges from its conglomerate parent, ITC Hotels has set out plans to substantially grow its portfolio of hotels.
read more
The newest Trump Tower will be a hotel in Saudi Arabia — with more projects on the way
The $530 million hotel is just the first of three projects in the Middle Eastern country. The Trump Organization is bringing a new Trump Tower into the world. But not in the U.S. — this one will be in Saudi Arabia…
read more
Hotels Will Start Selling So Much More Than Rooms
For years, hotels have treated their digital storefronts with all the imagination of a Soviet-era grocery. Guests faced dreary drop-down menus that reduced the art of hospitality to generic choices like “Economy Standard” and “1 Queen Bed Suite.”…
read more
Orient Express Corinthian – sails unfurled and interiors unveiled
Orient Express Corinthian, the first of the two Orient Express yachts, will set sail in June 2026 to cruise the Mediterranean, Adriatic and Caribbean seas. Here’s what we know…
read more
Saudi Arabia’s PIF launches Adeera to create homegrown hospitality brands
Saudi Arabia’s Public Investment Fund has launched a hotel management company aimed at developing the kingdom’s home-grown hospitality brands, as the Arab nation seeks to expand its position as a global tourism hub…
read more
LVMH Invests in French Boutique Hotel Group Les Domaines de Fontenille
Continuing its expansion into hospitality and experiences, LVMH Moët Hennessy Louis Vuitton has invested in Les Domaines de Fontenille, the French boutique hotel group co-founded by a former fashion executive…
read more