Increased investor interest spur property deals particularly for hotels
KUALA LUMPUR: Increased investor interest is leading to an increase in property deals, particularly for assets such as hotels in the hospitality industry.
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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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Disruptive apartment-like hospitality brand targets St. Pete
In the space between a hotel room and an apartment building lies a new brand: Mint House. Florida is a sizable growth opportunity, says its CEO.
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Iceland to unveil Árböðin Lagoon: A new geothermal oasis in the Golden Circle
In a significant boost to Iceland’s already thriving tourism and hospitality industry, construction has kicked off for a remarkable new destination for relaxation and rejuvenation, Árböðin Lagoon.
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Serbia’s government has taken to subsidising the construction of new hotels
Three companies frequently favoured by the state have received most of the money allocated by the government as subsidies for the construction of new hotels to meet growing tourism demand.
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Tech-Free Trips Are On The Rise — From No Wi-Fi Hotels To No Phone Multiday Retreats
From hotels with no wi-fi to multiday retreats with no phones, digital detox vacations allow travellers to connect with nature again.
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Hotel acquisitions demystified: Essential industry insights
In the world of real estate, hotel acquisitions stand apart, blending the intricacies of property deals with the dynamics of the hospitality industry. Here, we shine a light on the specialized factors that differentiate hotel acquisitions…
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Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S…
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High Rollers: New wave of casino building spells global opportunities for contractors
Cities around the world are gambling on a new wave of super casinos attracting tourism and inward investment. Lucy Barnard finds out how this could spell big wins for contractors.
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A popular Italian ski resort is lying idle this winter after unusually warm temperatures left entire mountains without any snow…
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Work begins on transformative condo and hotel development in Beverly Hills
Construction has begun on One Beverly Hills, a nearly $5-billion condominium and hotel complex that promises to transform the Beverly Hills skyline and be a commanding presence on its western edge…
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Central bank - Foreign tourists spend €1.2 billion in Estonia in 2023
Nearly 4 million foreign tourists visited Estonia in 2023, spending a combined €1.23 billion while in the country, according to the latest statistical release published by the Bank of Estonia…
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THAILAND’S HOTEL INDUSTRY WILL ADD 10,000 ROOMS BY 2024
The Thai hotel industry is expected to grow by around 10,000 new rooms in 2024, according to Jasper Palmqvist, senior director for Asia Pacific at STR Global, a global provider of data, analytics, and marketing for the hospitality industry…
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ACRA provides yearly update on Destination Management Engagement
Aspen City Council praised the Aspen Chamber Resort Association (ACRA) on Monday for their ongoing efforts to balance the needs of residents and businesses – even as those needs are different at times…
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You’d be forgiven for having not heard of Henningsvær. Found way up in the arctic circle, the archipelago in northern Norway is a small fishing village of just 510 people – and also the site of the latest project by Jonathan Tuckey Design (JTD)…
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Is it still safe to visit Iceland? That’s the question on the minds of many tourists after a section of the island nation was placed under a state of emergency following a spike in seismic activity…
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Cornish family plans luxury holiday resort with 450 lodges
A renowned development company, run by a Cornish family, is planning to build a holiday resort near Newquay. The proposals include up to 450 lodges, a swimming pool complex, three restaurants and sports and health hubs…
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Feds sue developer over unfinished Bear Lake resort in Garden City
Just off the main drag in Garden City, Water’s Edge Resort bills itself as a luxury retreat on the shores of Bear Lake. But the Securities and Exchange Commission, or the SEC, says the resort’s developer illegally used investor funds to pay himself…
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