Cuba's tourism shift: international chains to lease state hotels
For Cuba's tourism sector, which has been struggling recently, a significant shift is underway: the government has approved a new policy that allows international hotel chains to lease properties owned by the state…
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PHL, a ‘niche’ hospitality growth market
SMALL but resilient. This was how the Philippines’ publicly listed hospitality companies and travel firms are described in an investment brief, having grown by 63 percent in revenue to US$1.8 billion (P102.96 billion) in the last three years…
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Luxury hotels are more expensive than ever to build. It doesn’t mean they aren’t getting done
It’s easy to enjoy a luxury hotel. Building them is hard. According to the HVS U.S…
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Tata backs Indian Hotels growth
Tata Sons, the holding company of the Tata group, where Indian Hotels is the group's key tourism business, is to launch a new hotel investment platform
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Dubai Royal’s $50,000-a-Night Resort Flaunts Africa’s Future in Luxury Travel
From gorilla trekking to vineyard stays, capital is pouring into Africa from billionaires, tech moguls and Middle Eastern investors who want a share of the continent’s luxury travel market.
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Nearly half of the projects in Europe’s hotel pipeline are under construction at Q1 close
Europe’s hotel pipeline reached 1,683 projects in Q1 2025, with strong growth in renovations, upscale segments, and new project announcements.
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Israeli-backed Leonardo Hotels is growing in central Europe, supported by a series of strategic partnerships and new investments.
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Hotel development booms in Africa, boosted by Egypt and Marriott
This year’s Hotel Development Pipeline Report, the definitive study of international hospitality development projects in Africa, reveals record activity. There are 577 hotels and resorts, with 104,444 rooms, in the development pipeline, up by 13.3%…
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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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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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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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Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach
The Greek Ministry of Environment and Energy has ordered the suspension of construction of a five-star hotel near iconic Sarakiniko Beach on Milos, pending a legal review of the building permit. The directive was issued to the island’s planning…
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Review of 2024 – The year in European hospitality deals
If 2024 was the year when hospitality further cemented its place as a core asset class for real estate investors, it was also the year of Swiftonomics, sporting damp squibs, and a game of two halves for the European continent…
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Core investors returning to Italian hotel market
Over the last couple of years value-add investors have dominated the Italian hotel market with buyers flocking to buy tired, run-down or unbranded hotels before invariably renovating and repositioning them upmarket…
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A HUGE £200m water park with a 500-room hotel and bowling alley has moved one step closer to opening in the UK. Great Wolf Resorts (GWR), which has sites in the US and Canada, is now prepping to open Great Wolf Lodge in Chesterton, near Bicester…
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Greece's Tourism Surge Attracts US Investors and Hotel Development
Greece’s tourism industry has been a bright spot over the last few years and with more and more US tourists visiting, hotel investors are showing an increased interest in the country. A recent roundtable discussion heard from different players…
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Silversea plans world's southernmost hotel for Antarctica guests
In mountainous, snow-capped southern Chile, Silversea is developing what it bills as the southernmost hotel on Earth to provide greater comfort for its Antarctica cruisers.
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New projects: international hotel brands in Turkey
Turkey is a highly popular tourist destination, attracting millions of visitors yearly with its rich history, cultural heritage, and beautiful coastal areas. In addition to its vital tourism industry, Turkey is also a hub for business travel due to…
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