Egypt’s Tourism Sector Prepares for Major Hotel Expansion
Egypt’s newly appointed Tourism and Antiquities Minister, Sherif Fathy, introduced a comprehensive plan to expand the country’s hotel capacity in anticipation of the surge in tourist arrivals.
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James Bermingham of Virgin Hotels Collection on growth and synergies
Last year, Virgin Group combined its two hospitality businesses under a new parent brand, Virgin Hotels Collection. The consolidated portfolio comprises the Virgin Hotels brand and the company's ultraluxe Virgin Limited Edition properties. Hotels…
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Why franchising can be a ‘win-win’ for the industry
A successful franchising strategy should ensure “there is a brand for every owner and a brand for every guest”, according to Amit Sripathi, EVP & chief development officer, Wyndham Hotels & Resorts. “Gen Z and Millennials are very different from…
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Minor Hotels Appoints Puneet Dhawan as Head of Asia
Global hotel operator Minor Hotels has appointed Puneet Dhawan as Head of Asia, a strategic move aligning with the group's expansion plans across Asia and India. Effective this July, Dhawan will oversee the performance of all Minor Hotels properties…
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What’s behind Guldsmeden Hotels’ industry leading sustainability stance?
Nestled in the heart of Berlin is Lulu Guldsmeden, a charming hotel that blends a warm atmosphere with spacious, eye-catching rooms and a focus on sustainability.
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Hybrid brand Kabannas expands across Europe
A new hybrid accommodation brand, with the look and feel of a lively hostel, is making ground as the well-backed Kabannas looks to acquire further sites in European city centres for conversion to its format…
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HotelREZ announces 74 new hotels amidst continued global expansion
HotelREZ, one of the world’s fastest growing hotel representation companies, continues to expand its client base in key international markets with the addition of several prestigious hotels.
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In Jerusalem, a unique hotel offers respite for women who have experienced stillbirth
To help couples cope with an unbearable loss few understand, a facility billing itself as the first of its kind provides dining, spa amenities and mental and emotional support.
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The Top 10 Accounts Receivable Controls
“AR” as we commonly refer to the sub department of the accounting function is a mainstay in any larger group-based hotel. In these juggernauts the importance of efficiently collecting your money is mission critical. Not only do we take the chance…
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What Germany’s struggling economy means for hotel investors
Germany is losing its attractiveness for investors with a number of studies by companies such as EY and KPMG showing that the country is no longer the darling it once was.
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Rocco Forte Hotels creates exclusive luxury sports car experience through Italy for summer
Rocco Forte Hotels has created an exclusive experience offering guests the chance to enjoy a customiseable journey through a combination of eight hotels across nine regions of Italy, travelled to via Ferrari, Lamborghini, or Maserati, during summer…
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How Wellness is Transforming Travel
When the Global Wellness Institute released its latest valuation report this year, it forecasted that the wellness tourism market would surge from $651 billion in 2022 to $1,4 trillion by 2027, making it one of the fastest growing and robust sectors…
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China, Kazakhstan upgrade tourism cooperation
A report from People’s Daily: The opening ceremony of the Kazakhstan Year of Tourism in China in 2024 was recently held in Beijing. China and Kazakhstan will hold a series of splendid activities throughout the year of tourism, which include art…
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2024 Hotel Distribution Study: Digital Trends in Accommodation: Hotels, Booking.com and DMA
Today, HOTREC released its 2024 Hotel Distribution Study(1) which examines recent developments and trends in the European accommodation sector, and uncovers the way consumers book hotel rooms. The main findings confirm the need for proper…
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Spain’s Eurostars seeks committed, cooperative investors
Eurostars Hotel Company is on the lookout for long-term and “hands off” investment partners as it launches into fresh markets from Eastern Europe to the Americas and points in between, according to Clara Lopez, the Spanish group’s director of…
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UK Hotel investment totals £3bn in H1 as portfolio transactions drive activity
The return of portfolio transactions has bolstered UK hotel investment during the first six months of 2024 with investment totalling £3 billion, up from £990 million over the same period in 2023 and far beyond last year’s full year total (£2…
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Hoteliers hit back at proposal to introduce hotel tax in Dublin
THE IRISH HOTELS Federation has criticised proposals that could see a hotel tax introduced in Dublin…
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Investment Opportunities in the Lifestyle Hotel Market
Multi-story complexes of similar-looking rooms with cozy lighting, finely-pressed sheets, and a corporate, sterile feel. These kinds of hotels abound, found on every street corner in the U.S…
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