The current pace of hotel conversions “has started to pick up” with owners, developers and investors now looking at this path vis-à-vis PIPs, according to Michael Cummings, senior vice president and divisional leader within the CBRE Hotels Advisory…
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Hotel franchising, an integral part of the European hospitality industry, continues to grow in popularity as hotel chains establish significant presence due to its ability to provide both franchisors and franchisees with a strong, proven business…
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Saudi Arabia to Add New Hotel Rooms by 2030 as Part of Vision 2030 Hospitality Expansion
Saudi Arabia is making ambitious strides to reshape its tourism and hospitality landscape as part of its Vision 2030 initiative, with a plan to deliver 362,000 new hotel rooms by 2030. This massive expansion reflects the kingdom’s commitment to…
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LVMH Stake Helps Boutique Hotel Group Triple Its Growth Outlook
LVMH has acquired a stake in the small hotel brand Fontenille Collection. Over coffee at the Ned in New York, co-founder Frédéric Biousse shares the story behind the deal every indie hotelier wants.
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5 big trends for hospitality real estate
Another IHIF EMEA approaches, and it’s in a period where the global economy continues to grapple with uncertainty. And as the landscape evolves around economic shifts, technological advancements and changing demographics and behaviours, it has…
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Phishing campaign impersonating Booking.com targets hospitality sector with malware
Hotel and hostel workers are being tricked into downloading credential-stealing malware by cybercriminals impersonating Booking.com.
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7 hotel industry trends to keep on the radar for 2025
The hotel industry is poised for significant shifts in 2025, with private- equity (PE) firms continuing to play a prominent role in hotel asset acquisitions. As economic conditions evolve, emerging trends in experiential travel, asset positioning…
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UAE to fund new luxury hotel near Egypt’s Giza pyramids
The UAE will back the development of a five-star hotel near the pyramids in Giza outside the capital Cairo to support Egypt’s tourism, state-run Wam news agency reported.
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Luxury hotels spearhead Italy’s booming hotel transaction market
Luxury hotels represented 45% of Italy’s hotel investment volume in 2025, with major growth in secondary locations and resorts.
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Philippines’ Ayala Land To Spend $500 Million To Expand Hotel Footprint Amid Tourism Boom
Ayala Land—controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Corp., the Philippines’ oldest conglomerate—will spend $500 million to almost double its hotel rooms by 2030 to ride the tourism boom…
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Hospitality maintains investment case amid bond yield volatility
The prospect of interest rate cuts around the globe has cheered real estate and bond investors in equal measure. While hospitality investors see lower capital costs supporting further investment activity and asset values, for bond backers, fixed…
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In the Paris Olympics’ afterglow, Europe’s hotel pipeline stays the course
The latest figures from Lodging Econometrics’ Q4 2024 analysis indicate Europe’s hotel construction pipeline encompasses 1,661 projects totaling 244,464 rooms. Though this represents a slight year-over-year cooling, these figures reflect sustained…
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Meliá Hotels International and Huawei Launch a Global Smart Hotel Showcase
At MWC Barcelona, Huawei and Meliá Hotels International Launched the Global Smart Hotel Showcase at Torre Melina Gran Meliá hotel, a high-end luxury brand of Meliá. This showcase fosters innovations in smart hotel network connectivity and…
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Record-Breaking $180m Sale: InterContinental Auckland Acquired by Singapore’s HPL
Singapore’s Hotel Properties Ltd has acquired the InterContinental Auckland Hotel from Precinct Properties for what is believed to be the largest ever hotel sale in New Zealand, of $180 million.
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China’s hotel market enters a zero-sum game amid brand reshuffling
More than 1,000 midscale and above hotels shut down in a year.
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Madoc Batters, head of cloud and IT security, Warner Leisure Hotels
Madoc Batters likes a challenge. As head of cloud and IT security at Warner Leisure Hotels, he’s inherited a big task – leading the UK hotel chain on a digital transformation journey, including moving the business to the cloud to build a platform…
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Can Forbes Travel Guide solve the commissions conundrum?
Technology giveth and technology taketh away. For travel advisors, the technology provided by third-party companies that consolidate hotel commission payments has moved increasingly toward the "taketh" side over the years…
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It’s official: Starwood Hotels is back
Starwood Capital Group put out a press release on Wednesday with quotes from Chairman Barry Sternlicht announcing the official relaunch of Starwood Hotels, rebranding from SH Hotels & Resorts with more than 40 properties open or in development…
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