Momentus Hotels & Resorts launches debut serviced apartments
Singapore: Chip Eng Seng Group has introduced its first serviced apartments, operated through its hospitality brand Momentus Hotels & Resorts…
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Hilton brand set to expand by over a quarter
Hilton Worldwide’s flagship brand, Hilton Hotels & Resorts, is due to grow by around 27% over the next few years, according to the group’s latest figures…
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Scandic Signs Agreement for Two New Hotels in Helsinki
Scandic Hotels has signed a long-term lease agreement with landlord Projekti GH Oy for two hotels with a total of 459 rooms in the unique Garden Helsinki, a multi-functional event arena in Helsinki, Finland…
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Finland welcomes China's resumption of group tours: tourism official
David Wu, Visit Finland's director of Greater China, said in a recent written interview with Xinhua that he was excited by China's decision to reopen group tourism to Finland. China's Ministry of Culture and Tourism has recently issued a notice…
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Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026
With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion…
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9 Bold Marriott Moves To Be In The ‘Right Places At The Right Times’
One of the largest hospitality companies in the world is continuing to grow and evolve as market conditions change. Post-pandemic, people are working, traveling and vacationing in new ways…
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Scandic to expand Signature Collection in Norway and Denmark
The hotels are already part of Scandic’s pipeline and will open in 2025 in Tromsø, Norway, and in 2026 in Aarhus, Denmark…
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The 7 Essential Ingredients to Dominate the Hotel Groups Market
Hotels that invest in solutions that enhance the traditional sales and catering system attract and close the most profitable opportunities
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Israel adding thousands of hotel rooms to boost tourism
The Israel Ministry of Tourism said that its plan to accelerate the pace of hotel construction includes shortening planning procedures, examining the realization of claims and mixed-use, along with writing a national outline plan for tourism…
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Group business travel drives strong hotel REIT performance in Q2 2023
Stronger business group travel demand helped propel earnings metrics for hotel real estate investment trusts during the second quarter, according to an S&P Global Market Intelligence analysis.
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Minor Hotels reports 120% Q2 profit growth as global travel demand surges
Global RevPar in Q2 grows 21% y-y, led by Thailand with 62% RevPar growth for owned hotels and 85% y-y growth across all Thailand properties.
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Canada hotel ADR and RevPAR reached record-highs in July
Among the provinces and territories, Newfoundland and Labrador recorded the highest July occupancy level (87.9%), which was 5.0% above 2022.
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Report: Boutique hotel occupancy outpaces all U.S. hotels
Boutique hotels continue to report solid occupancies and healthy ADRs, and collectively achieved increases in all performance indicators through June, according to the Boutique Hotels: Mid-Year 2023 report from The Highland Group…
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Travelodge is planning to open 300 new sites across the UK including Portsmouth and Waterlooville
The plans will bring its total catalogue of hotels to around 900 sites across England, Scotland, Wales and Northern Ireland. It already has three branches in Portsmouth, as well as in Gosport, Emsworth and Rowlands Castle…
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DidaTravel’s global summer hotel bookings close to doubling pre-pandemic levels
DidaTravel announces hotel bookings surpassing pre-pandemic 2019 volumes by 93% this summer season. Global ADR (Average Daily Rate) has also increased by 35% YOY and surpassed 2019 level by 7% when comparing the same period…
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Scandinavian hotel chain Scandic is aiming to drive more hotel renovation projects following a positive half year of financial performance.
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UAE’s hotels are definitely not having a summer slowdown, as occupancy crosses 80%
Hotels record 80%+ occupancy and double in ‘22, while staycations are helping too. The UAE’s hotels are not taking it slow this Summer, with many properties cruising along with 80-85 per cent occupancy levels…
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Hotel revenues in Oman rise by 32% to OMR110mn
Muscat: The revenues of 3-5-star hotels in Oman stood at OMR110 million as of the end of June 2023, up by 32 per cent over the corresponding period in 2022…
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