BlueCove bets on Korean Wave as value-add pays
South Korean asset manager BlueCove Investment is betting on robust demand dynamics from domestic and international travellers for the country’s hotel sector. South Korea has become one of Asia Pacific’s top-performing hospitality markets in the…
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Hilton aims to double African hotel portfolio
Hilton, the US multinational hospitality company, has ambitious plans to expand in Africa, as Andreas Lackner, vice president, operations, Africa and Indian Ocean, tells African Business.
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How to make your mixed-use development a success
Mixed-use hospitality development has significantly evolved over the past decades, becoming increasingly essential in the current market as securing financing has become more challenging and diversifying a project makes it more economically viable…
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The Hotelification of Offices, With Signature Scents and Saltwater Spas
Hoping to lure workers back to their desks, companies are designing “work resorts,” luxe spaces meant to compete with the comforts and versatility of their living room.
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Wanderlust: Upcoming investments in Romania’s luxury hotels
Recent news underlined that by 2028, Romania was set to inaugurate 13 new five-star hotels, including prestigious brands such as Mondrian, Hyatt, and Kempinski. According to Mordor Intelligence, the Romanian hospitality industry is constantly…
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The global hotel industry is experiencing a significant surge in development, with the United States and China at the forefront. According to Lodging Econometrics’ (LE) Q2 2024 Global Construction Pipeline Trend Report, the worldwide hotel…
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Holistic approach key to retaining talent and maximizing profit
The evolving landscape of human resources in the hospitality industry has become a focal point as companies grapple with the twin challenges of talent acquisition and retention, particularly as labour shortages continue to plague the sector…
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Tattarang signals hospitality ambitions, weighs ESG costs
Last year, Fiveight, the property arm of Australian private equity group Tattarang, bought the Waldorf Astoria-branded hotel tower project in central Sydney from Lendlease and Mitsubishi Estate for a cool AUD$575 million. The under-construction…
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Korean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll with the hotel business despite its late foray into the hospitality industry by turning its old buildings and lots sitting idle in a declining era for landline phones into…
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Lang & Schwander principals buy southeast Swiss hotel
Sebastian Lang and Marcus Schwander, hotel interior design company Lang & Schwander’s principals, have acquired Hotel Engadinerhof in Pontresina, southeast Switzerland. Financial specifics of the transaction were not revealed…
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What I learned leading a customer service seminar at an elite Mexican hotel
A few years ago, the manager of a boutique hotel in Guanajuato asked me to lead a customer service training for the hotel’s reception, restaurant and cleaning staff. As a business trainer in the United States, I’d led customer service training many…
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RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm
While the Indian IPO market is strong right now, global markets aren't as friendly, as a result RedDoorz is taking a measured approach with its IPO plans.
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Airbnb to mimic luxury hotel services to offer guests more
Accommodation rental giant wants to expand its experiences to offer services such as massages and private chefs.
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Daily Housekeeping: A Source of Contention for Hotels, Guests, and Unions
We all remember those days in March 2020 when we realized that Covid 19 was going to be different than anything we had experienced in our lives. Almost overnight, the entire country shut down. As we dealt with the unknown, reports informed us that…
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Zleep Hotels and Core Hospitality merges
All 14 Zleep Hotels in Denmark are merging with the management company Core Hospitality to create one of the largest hotel operators in the country.
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‘Experience Is Not Expertise’: Why Rich, First-Time Hoteliers Are Failing So Spectacularly
A series of disappointing stays courtesy of wealthy but inexperienced owners has our editor at large recoiling from a growing blight in the travel industry.
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UAE Building Village For Thousands of Staff Amid Hotel Boom in Ras Al Khaimah
Junior staff and management will live in seperate buildings, and RAK says the campus will prioritize wellbeing.
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IHIF Asia Preview: How Hilton plans to grow
Asia is fast becoming one of the most important battlegrounds for the major hotel brands. Most have evolved out of the US and Europe meaning there is more real estate to chase elsewhere. The potential of markets like India and China is well…
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