Increased investor interest spur property deals particularly for hotels
KUALA LUMPUR: Increased investor interest is leading to an increase in property deals, particularly for assets such as hotels in the hospitality industry.
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When will the Strip see another new hotel-casino?
It seemed like giant ceremonial scissors got plenty of use on the Strip in recent years…
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Disruptive apartment-like hospitality brand targets St. Pete
In the space between a hotel room and an apartment building lies a new brand: Mint House. Florida is a sizable growth opportunity, says its CEO.
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This Chic Hotel Group Is Expanding in Europe — and Rethinking What Luxury Means to Travelers
The Standard CEO Amber Asher tells T+L what's next for the hotel brand, and what luxury really means in 2024.
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Iceland to unveil Árböðin Lagoon: A new geothermal oasis in the Golden Circle
In a significant boost to Iceland’s already thriving tourism and hospitality industry, construction has kicked off for a remarkable new destination for relaxation and rejuvenation, Árböðin Lagoon.
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Serbia’s government has taken to subsidising the construction of new hotels
Three companies frequently favoured by the state have received most of the money allocated by the government as subsidies for the construction of new hotels to meet growing tourism demand.
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Tech-Free Trips Are On The Rise — From No Wi-Fi Hotels To No Phone Multiday Retreats
From hotels with no wi-fi to multiday retreats with no phones, digital detox vacations allow travellers to connect with nature again.
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Hotel acquisitions demystified: Essential industry insights
In the world of real estate, hotel acquisitions stand apart, blending the intricacies of property deals with the dynamics of the hospitality industry. Here, we shine a light on the specialized factors that differentiate hotel acquisitions…
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Copenhagen is Europe’s Leading Cruise Port in 2024
At a ceremony in Berlin on March 6th, 2024, the port in Copenhagen was announced as Europe’s Leading Cruise Port 2024 by the World Travel Awards.
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€38m geothermal spa and leisure centre to revitalise Croatian city of Bjelovar
A multi-million-euro geothermal spa and leisure centre, called Terme Bjelovar, is scheduled to open in the Croatian city of Bjelovar in Q3 of 2025.
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Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S…
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High Rollers: New wave of casino building spells global opportunities for contractors
Cities around the world are gambling on a new wave of super casinos attracting tourism and inward investment. Lucy Barnard finds out how this could spell big wins for contractors.
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How a Vermont Ski Area Roared Back From a Financial Scandal
Less than a decade ago, the biggest fraud in ski industry history nearly took down a beloved ski area. But Jay Peak, long known for its powder, has since transformed into a sparkling modern resort…
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Norway Implements New Tourism Regulations in Svalbard for Wildlife Protection
Starting January 1, 2025, Norway plans to introduce new restrictions for cruise ships and other tourist activities in Svalbard to protect its unique wildlife, including a cap on ship passengers and designated landing sites…
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Eurowings Expands Its Scandinavian Flight Offerings
In response to growing demand, Eurowings nearly doubles its flight portfolio to Scandinavia in 2024, offering 24 routes to destinations in Sweden, Norway, Denmark, and Finland from Germany.
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A popular Italian ski resort is lying idle this winter after unusually warm temperatures left entire mountains without any snow…
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Work begins on transformative condo and hotel development in Beverly Hills
Construction has begun on One Beverly Hills, a nearly $5-billion condominium and hotel complex that promises to transform the Beverly Hills skyline and be a commanding presence on its western edge…
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Central bank - Foreign tourists spend €1.2 billion in Estonia in 2023
Nearly 4 million foreign tourists visited Estonia in 2023, spending a combined €1.23 billion while in the country, according to the latest statistical release published by the Bank of Estonia…
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