Isrotel’s hotel chain Aluma acquires Rome’s Savoy Hotel for $75m
The hotel is now set to undergo a substantial renovation, with a €30m investment planned before its reopening.
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Hotel Kakola. Voluntarily in prison.
Although only 42 metres above sea level, Kakola Hill is visible from all sides of Turku city. In the past, as the site of one of Finland's most notorious prisons, it was looked upon with dread. Now it's the envied residential area where everyone…
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America's most popular motel chain is sold to overseas buyer for $525 million
An India-based hotel operator is to purchase America's most popular motel chain in a $525 million all-cash deal.
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Hotel performance in 2024 - An unpredictable market with silver linings
Rising costs, changing booking trends, good leaders, and even the weather…are just some of the things that have influenced the performance of hotels so far this year.
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Why Sage Hospitality sees more apartment-hotels in its future
The hospitality company that leans heavily into lifestyle and F&B is leveraging its strengths with a new Apartments by Marriott Bonvoy project in Savannah, Georgia. We dig into the details of the deal…
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BWH Hotels names new lead for China
BWH Hotels has named Harry Dong as the new President and CEO of BWH Hotels China (Hong Kong, Macau, Taiwan), Mongolia, and Nepal, following in the footsteps of his father, William Dong, who previously held this role…
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Boutique hotels win big in China’s travel surge
China’s domestic luxury hotel sector is seeing significant growth as travelers shift to premium accommodations, with high-end hotels now accounting for 60% of bookings.
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Massive investment in luxury Algarve hotels
Following the official inauguration of the renovated Governor's Palace, Highgate Portugal is preparing to invest almost €50 million to renovate four hotels in its portfolio in the Algarve, namely the São Rafael Atlântico and the three hotels and…
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Artificial Intelligence Is Checking Into Your Hotel – Are You Ready?
Even though artificial intelligence has been a part of our lexicon for more than seventy years, artificial intelligence remains the latest bright shiny thing. Businesses large and small feel compelled to incorporate artificial intelligence into…
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There is no one at reception when I arrive at the hotel in a small town about 50km from Dublin, so I go to the bar and, as instructed, ask for the duty manager. “Miša, do you know where James is?” the young waiter calls to a passing colleague – in…
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Gencom enters NYC with Thompson Central Park Hotel acquisition
With the reported $300 million buy, the firm strengthens its relationship with Hyatt and positions itself in “one of the world’s top hospitality markets.”
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A growing trend in the travel industry, particularly in the realm of hotel design, is reshaping the way travelers experience their surroundings. This movement, known as biophilic architecture, has captured the attention of global travelers and…
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Bradshaw to become CEO at L+R Hotels
Former Starwood Capital leader in Europe, Cody Bradshaw, is set to L+R Hotels as group CEO, effective October 1.
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Raffles Hotels & Resorts unveils ‘The Butler Did It’ campaign
Raffles Hotels & Resorts has launched a striking portrait of the art of hospitality that celebrates its renowned butler service.
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Redefining Hotel Search for Travel’s Experiential Era
Travel search and booking has long been a four-box checklist for the hospitality industry: destination, dates, number of people, and budget. The traveler fills out the basics of a trip, and the supplier — a hotel, an airline, a travel agency —…
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Owners’ how-to guide for successful transient-to-extended stay hotel conversions
Owners and developers are already well aware of the benefits of transforming a transient asset into an extended stay hotel. In this exclusive interview, Extended Stay America shares next-level tips for managing the conversion more effectively…
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Global Hotel Alliance adds four new hotel brands to its portfolio
The UAE-headquartered Global Hotel Alliance (GHA) has added four new prestigious regional hotel brands to its portfolio, expanding its presence in some of the world’s most popular tourism destinations…
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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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