Indian hotel industry is on a tipping point of foreign institutional investments
The founder and CEO of NOESIS Capital Advisors, who’s spearheaded over a dozen hotel transactions in the last few years, analyses the reasons for India.
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Omni to make US$1.5 billion hotel investment
Texas-based Omni Hotels & Resorts is set to reinvest US$1.5 billion in its portfolio of properties over the next five years…
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US billionaire to bring ultra-luxury Baccarat hotel to Australia
SH Hotels & Resorts, the highly environmentally conscious global hotel chain backed by billionaire US investor Barry Sternlicht – founder of Starwood Hotels – has plans to bring its ultra-luxury Baccarat brand to Australia, as part of a major…
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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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Three chain scales hit record-high project counts in the global pipeline at Q2
As of the conclusion of the second quarter, there are a total of 6,154 projects comprising 1,108,498 rooms currently in the construction phase worldwide…
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Banyan Tree Spreads Its Roots, Doubling Number Of Brands And Adding New Markets
Hospitality veteran Ho Kwon Ping is reinventing his family-controlled luxury hotel company to cater to more guests at different price points, moving beyond its home market of Asia.
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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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New World Hotels and Resorts unveils its strategic development plan
New Worlds Hotels and Resorts is planning to reach a total of 18 operating hotels by the end of 2023, while two more are slated to open in 2024…
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4 new trends shaking up business travel in South Africa
Global travel analysts have highlighted that South Africa’s corporate travel scene has changed due to a combination of post-pandemic challenges, load shedding, and rising inflation…
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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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Hotel RFPs: The negotiating outlook for 2024 rates
Credible data and only moderate rate increases put a new spin on rate negotiations - As travel buyers make the traditional late-summer start to their annual hotel negotiations (a process still undertaken by 84 per cent of travel managers, according…
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European hotel prices continue rising this summer
Global hotel prices have continued to accelerate this summer led by higher rates in Europe, according to the latest data from hotel analyst STR…
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Podcast - How Hoteliers Are Rethinking the Revenue Metric Dilemma
In this episode the second of a mini-series on revenue management and pricing strategies, we speak with Radisson, Preferred Hotels and IDeaS RMS about the hotel performance metrics and how they are changing…
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This New Integration Signals the Next Phase of Hotel Labor Controls
In speaking with hotel owners and management company executives, staffing and labor costs are perennially two of the top concerns…
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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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Apex Hotels plans to expand countryside presence following £60m cash injection
The family-owned Apex Hotels group has revealed plans to expand its presence across rural UK locations, supported by a £60 million refinancing package…
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Corporate procurement leaders cite challenging travel market dynamics
COLOGNE, GERMANY & ALEXANDRIA, VA – With flights to key corporate destinations mostly full and hotel rates stubbornly high, corporate travel and procurement leaders are faced with a uniquely challenging environment as negotiations with suppliers for…
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The Group is also thrilled to welcome Javier de Villanueva Baygual to its European expansion team…
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