Govt Plans $4 Billion High-Rise Redevelopment of New York’s Roosevelt Hotel
Pakistan will pursue a high-rise redevelopment of the iconic Roosevelt Hotel in New York through a joint-venture privatization model, aiming to attract $3-4 billion in investment and boost the value of its stake by up to 250 percent…
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AI hiring is here. It’s making companies — and job seekers — miserable
As America’s labor market slows, AI-led interviews and auto-generated cover letters are dramatically changing the process of getting a job. And maybe not for the better.
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Experimental adds Portuguese hotel
Experimental Group continues to grow its hybrid portfolio of bars, restaurants and hotels across Europe
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Hyatt names Jason Ballard global brand leader for Essentials portfolio
Hyatt Hotels appointed Jason Ballard as global brand leader for its Essentials portfolio to steer the division’s next phase of growth, the company announced Tuesday.
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A deeper look into Saudi Arabia’s heritage-led luxury play
It’s not every day that a capital city is redefined from its edges. Yet just beyond the north of Riyadh, the $63 billion Diriyah project aims to do just that, with the Kingdom framing the development of what is essentially a whole new city as a…
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2025 wrapped: The defining moments for the region’s biggest hotel groups
As the year draws to a close, we reflect on the year that’s been. The Middle East hotel construction pipeline reached a new all-time high, with 650 projects reported at the close of Q2. Predictions were made about the growth of the MENA hospitality…
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Age discrimination in the hospitality industry is real
Major hotel brands talk about diversity, inclusion and human values, yet quietly exclude professionals who have crossed the age of 60.
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Dutch hotel investors optimistic for growth
After lagging significantly behind its European neighbors, hoteliers and analysts say the Dutch hotel investment market is entering a new era. Visitor growth, slowing inflation and limited supply are driving increased investor interest, along with…
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India is set to become Marriott International's next big growth bet
The hotel chain's chief commercial officer, John Toomey, said in an interview with Business Insider that Marriott is looking to double its footprint in India, from 48 to 90 cities.
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30 years of celebration for Millennium Hotels & Resorts
Millennium Hotels and Resorts (MHR) is celebrating its 30th anniversary, a milestone that traces the Singapore-born hospitality group’s rise into a global force with more than 150 hotels and resorts across key markets…
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Sonder Hotels Liquidation Exposes Limits of Tech-First Hotel Models
Sonder's bankruptcy and liquidation after its failed partnership reveal the risks of tech-driven, asset-heavy hospitality models
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Amenitiz raises $45M to empower independent hotels with AI management
Independent hoteliers and smaller property managers throughout Europe have struggled with using multiple disconnected tools and outdated software that do not meet their specific operational needs.
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Icons discuss disruptive sharing economy, innovation
Three HICAP legends opened the conference by discussing their careers as well as technology and emerging markets.
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Project management budgets make hotels' numbers work
Hotel investors looking to mitigate the impact of economic, geo-political and natural events on their next wave of active projects should be focusing on the project management budget as their point of control…
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Ennismore still has a big future with Accor
When Bloomberg broke the news in August that Accor was looking at an IPO for its lifestyle hotel business Ennismore, it gave the impression that the French hotel company was eyeing the disposal one of its most prized assets…
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Inside the boutique hotel balance
Independent and boutique hotels face the same labor and cost pressures as branded properties, but with fewer economies of scale and higher expectations for personalised service.
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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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Latin American construction pipeline surging
Latin America’s hospitality sector is experiencing solid construction activity that reflects growing confidence in the region’s tourism and business travel prospects, according to the latest data from Lodging Econometrics…
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