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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Dalata Hotel Group may be for sale as Irish hotels firm launches strategic review
Dalata Hotel Group PLC (LSE:DAL), parent to the Clayton and Maldron brands, has begun a strategic review to explore capital opportunities and enhance shareholder value…
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What a deglobalising world could mean for hospitality investment
The global hospitality sector has enjoyed huge benefits from international travel, economic interconnections, and cross-border investments, all of which have been significantly shaped by the rise of globalisation. That ease of movement for tourists…
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Japanese chefs head to rural hotels to research and craft new dishes
Japan’s largest travel agent, JTB Corporation, has unveiled plans to dispatch chefs to small- and medium sized accommodations in regional areas in a bid to tap international visitors’ growing interest in Japanese cuisine…
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So long, Selina; hello Socialtel
Collective Hospitality is reimagining the ‘digital nomad’ brand it bought out of insolvency with a new name, a smaller footprint and a goal to partner with a big brand.
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PAI Partners to Take Majority Stake in Hotel Chain Motel One
PAI Partners agreed to buy a majority stake in Motel One, gaining control of a chain with hotels across Europe and the US.
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ALIS luxury, lifestyle panel tackles big questions
Build or buy, brand or run independent? First Hospitality’s David Duncan offered keen insights into the decision-making process during ALIS session.
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Milos hotel boom raises concerns
The island of Milos is experiencing an unprecedented hotel construction boom, with 48 new projects under way, potentially doubling available accommodations. According to public records, these developments will add up to 2,674 beds, significantly…
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US investors in Europe: short or long stay?
With the news that the world’s largest real estate investor, Blackstone, is exploring options to divest Spain-based Hotel Investment Partners (HIP), market watchers might be wondering if the US private equity love affair with European hospitality is…
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Is stagflation a doomsday scenario for hospitality investment?
Inflation was supposed to have been contained by now, but despite recent interest cuts in Europe, the UK and by the Fed in the US, inflation remains persistently above government targets. The inflationary impact, plus Donald Trump's threatened…
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Yotelpad Goes Global With First Hotel In Europe And Sets Sights On Asia
One of the three Yotel brands, YOTELPAD is now setting its sights on a worldwide, extended stay platform in an effort, according to Yotel executives, to “democratize the extended stay market” and offer something unique in a sea of other brands…
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More details have emerged about possible non-gaming facilities by third-party private investors that might go near the under-development MGM Osaka, Japan’s first and so far only integrated resort (IR) with casino…
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