Oyo Launches Premium Vacation Rental Homes in UK
While Oyo's global expansion plans had been on pause mode during Covid, the hospitality company now seems to be diversifying its geographic footprint.
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sbe, Wyndham sign first deals for new brand
Project HQ Hotels & Residences, the “smart lifestyle” hospitality brand announced in January from sbe through an alliance with Wyndham Hotels & Resorts, has finalized a series of deals and strategic partnerships…
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Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, is pleased to announce the signing of a strategic…
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Hotel Lotte plans asset light expansion route
Following a boom year for profits in its hotel and resorts division, South Korea's Hotel Lotte has committed to increase its rate of expansion for the business both in its home market, and in adjacent markets such as Vietnam…
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A hotel boom is underway in Jamaica
During the Caribbean Hotel and Tourism Association's Marketplace tourism conference in Montego Bay earlier this month, Jamaica's tourism minister Edmund Bartlett said Jamaica's room count will increase by 2,000 rooms this year and by 20,000 in five…
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PM Hotel Group adds Staybridge Suites McLean to portfolio
US: Management company PM Hotel Group has added Staybridge Suites Tysons – McLean, in Virginia to its portfolio.
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Travel outlook for LatAm, Caribbean looks promising, hotel construction sees healthy growth
Many parts of the Latin America and Caribbean (LAC) market have witnessed economic slowdowns through 2023. Despite that, the forecast for travel in 2024 and 2025 looks encouraging, a recent study has revealed. This may have a positive impact on…
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Wyndham adds nine all-inclusive resorts in Mexico, Panama and Jamaica
Wyndham Hotels and Resorts has unveiled a new alliance with Decameron All Inclusive Hotels & Resorts, adding nine properties across Mexico, Panama and Jamaica.
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Is Hilton within striking distance of dethroning Marriott as the world’s largest hotel company?
Marriott International, with more than 30 brands under its belt, is the undisputed leader in the world's hotel orbit.
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Shangri-La pares losses; hotels, mall, and apartments generating billions
Hong Kong-based luxury hotels owner and operator Shangri-La Asia Ltd, which owns hotels in Colombo and Hambantota, and a mall and apartments on Galle Face, has reported a US$1.9 million loss for the year ended December 31, 2023…
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Largest Hotel Chains in the World by Number of Properties, 2024
The CEOWORLD magazine team conducted a thorough analysis of hotel data to identify the largest hotel chains in the world based on the number of properties they have. To determine the biggest hotel brands, the team used the total number of properties…
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LE to present hotel development pipeline data at Hotec Ops
Bruce Ford, SVP and director of global business development at Lodging Econometrics, will present a U.S. hotel development pipeline overview with forecasts at the Hotec Operations 2024 event.
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When will the Strip see another new hotel-casino?
It seemed like giant ceremonial scissors got plenty of use on the Strip in recent years…
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IHG Remains its Growth Momentum in Greater China with 24 New Signings
IHG expands its high-quality hotel solutions in the region with exciting new locations and franchise projects.
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Egypt and the Big 5 Dominate Hotel Development in Africa
When it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa’s major wildlife attractions, (lion, leopard, rhinoceros, elephant and buffalo)…
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Oberoi Chief Plans to Double Its Luxury Hotel Room Count by 2030
Oberoi Group — known for its luxury hotel brands Oberoi and Trident — is quietly developing new hotels close to nature, the company’s top boss revealed on Wednesday.
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Scandic Expands in Finland with New 144-Room Hotel in Oulu for 2025 Opening
Scandic has entered into a long-term agreement with the developer SRV to launch a new Scandic Go hotel featuring 144 rooms in Oulu, Finland. Slated to open in the latter half of 2025, this hotel will occupy a prime location in Oulu, the largest city…
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Room nervous ‒ we’re not building enough hotels
New Zealand’s pipeline of new hotels is slowing to a trickle, and policy levers to attract new investment need to be introduced before it becomes a problem, an industry advocate says.
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