Kola Karim's Shoreline Group has signed a $300 million deal with Accor to develop 10 hotels across 8 Nigerian cities by 2030, creating Nigeria's first nationwide hotel platform.
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How the Met Gala’s Go-To Hotels Prepare for the Big Event
Over 200 cups of coffee are brewed at the Mark Hotel on the day of the Met Gala. It’s the hottest commodity at the hotel when the flurry of first-Monday-in-May activity descends on New York. For the Upper East Side mainstay, that means about 48 cups…
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Tribe Collection's Shamim Ehsani on the future of hotels in Kenya
Shamim Ehsani, co-founder of Tribe Collection, speaks to Globetrender about expanding his hotel footprint beyond Nairobi, to both beach and bush.
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Luxury Hotel Rate Inflation: What Is Driving This Frustrating Trend?
Across the board, we’ve seen a lot of inflation in recent years, particularly since the start of the pandemic. Admittedly inflation hasn’t impacted all parts of the economy equally.
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China's hospitality sector upgrade mirrors broader service industry transformation
For Zhuang Baichuan, a seasoned traveler from Ningbo in east China, a recent layover in Lanzhou offered more than just a taste of the northwestern city's famed beef noodles. It also provided a glimpse of the profound upgrades in China's service…
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Kempinski Group Acquires Augustine Hotel Prague, Signaling the Storied Brand’s Ultra-Luxe Future
Don’t knock the classics, especially when it comes to hotel brands…
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Could Marriott Debut a New Hotel Chain?
What does it mean when a hospitality giant debuts a new brand? The last few months have seen a few examples.
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US capital pursues EMEA opportunities
Diverse hospitality opportunities across Europe, Middle East and Africa (EMEA) will continue to attract US investors, operators and travellers in 2026, according to expert views.
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Africa’s hotel development pipeline reaches record high as East Africa leads construction activity
Africa’s hotel pipeline has reached 123,846 rooms across 675 projects, according to W Hospitality Group. While North Africa dominates volume, East Africa shows the highest proportion of projects currently under construction…
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Patience or pretending? Financial stress tests hotel owners’ ability to hold
Kenny Rogers never sang about debt yields or PIPs, yet he still managed to offer some of the best investment advice in the industry: «You've got to know when to hold 'em, Know when to fold 'em, Know when to walk away, And know when to run»…
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Asset-light only works if someone else owns the asset. And that’s the concern.
Sometimes, it’s the most obvious thing that is overlooked. For all the talk in the hotel industry around asset-light this and asset-light that, there is the other side: somebody has to hold the asset to make it all work. And it took an asset-light…
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Hospitality the Mexican Way: Interview with Development Head, Mauricio Elizondo
We learn how Mexico’s largest hospitality group is offering a uniquely Mexican experience, and looking into taking that experience international.
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Investors watch the Waldorf, waiting for market signal
Five months reopened. Eight years of redevelopment. Over $4 billion invested. More than 1,000 hotel rooms gone. And the world-famous Waldorf Astoria New York is back on the market.
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Transactions have picked up in Germany after years of modest performance compared to other European markets, but as operational costs impact profitability and stakeholder relations are shaken by the recent Revo insolvency, what are the prospects for…
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Why Bob W treats hotels like software
What if a hotel operated less like a hotel, and more like software? In a recent episode ofMattTalks, Niko Karstikko, co-founder and CEO of Bob W, shared how his company is rethinking hospitality from the ground up. Bob W operates nearly 6,000…
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Hospitality sector faces mounting challenges as staffing shortages and rising costs hinder recovery
The hospitality sector in South Africa is caught in a precarious balancing act, grappling with a myriad of challenges that threaten its recovery and future sustainability. According to the inaugural Hospitality Asset Management Company (HAMAC) South…
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World’s priciest hotels charge record prices in defiance of luxury slowdown
The world’s most expensive hotels charged record prices last year as wealthy travellers splashed out for access to amenities such as hyperbaric oxygen therapy and sound baths, defying a slowdown in the broader luxury sector…
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Lemon Tree and Fleur Agree Strategic Partnership
A reorganisation will see Lemon Tree Hotels and its affiliate Fleur Hotels split ownership and operations, preparing for further growth
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