Hotel occupancy falls in the US while room rates rise
Regional performance varied widely, with Los Angeles experiencing significant growth, while Las Vegas faced sharp declines.
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Australia’s Trilogy Hotels pursues ambitious growth
Fast-growing Trilogy Hotels is capitalizing on untapped demand for third-party management in Australia and has ambitions for international growth.
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Marriott’s CEO talks luxury, global growth and — yes — the revival of Starwood
One can never map out an interview too hard for a sit-down with Marriott International CEO Anthony Capuano, as you inevitably have to chuck a few questions out and come up with something on the fly. After all, the hotel company he helms — the…
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How Hilton is ‘defying gravity’ in challenging market
Hilton CEO Chris Nassetta sounds off on his optimism for 2025, why his company has more construction starts than any other brand, and why Hilton is also getting disproportionate financing.
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Bankrupt Signa Seeks €370 Million From Sale of Vienna Park Hyatt
Administrators of bankrupt Signa Prime Selection AG are preparing to launch the sale of the Vienna Park Hyatt and adjoining luxury retail premises, including Prada’s flagship store, according to people familiar with the matter…
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Despite a backdrop of political and economic uncertainty as well as difficult financing conditions, 2024 witnessed a resurgence in hotel transaction volumes. A we settle into 2025, stakeholders are optimistic on increased deal activity by the end of…
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Ennismore Keeps Design In-House as It Opens 20 New Hotels in 2025
In only 13 years, Ennismore has grown from a single property to more than 170 hotels, and it has taken an unusual approach: keeping core operations like restaurant concepts, interior design, and digital marketing under its own roof rather than…
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Management challenges, changes for 2025
Addressing labor costs and retention, as well as F&B profitability top of mind for managers who are creating more incentive-based deals.
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Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel
Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the matter…
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Sarovar Hotels bets big on highway properties; 80 projects in pipeline
Sarovar Hotels is expanding its focus to highway hotels and resorts near major cities, capitalizing on India's growing road network. With 80 projects in the pipeline, the company aims to surpass 150 hotels by 2025, adding 15-20 annually…
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Minor Hotels’ remarkable global expansion
In October 2018, Minor Hotels made a transformative leap into the global hospitality landscape with the €2.3 billion ($2 billion at the time) acquisition of Madrid-based NH Hotel Group. This ambitious move added 385 upscale and luxury properties…
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European hotel properties ‘poised to lead surge in hospitality investment’
The European hotel sector is in for “an active year” in 2025, according to a report by a real estate adviser.
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NICs rise will force businesses to close, warn hospitality bosses
Hospitality businesses will be forced to close while others will have to slash jobs and investment as a result of changes to national insurance announced in the budget, according to a letter to the chancellor signed by the bosses of more than 200 of…
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Five-Star Hotels Aren’t Always Better than Four-Star Hotels. Here’s Why.
With luxury room rates on the rise, four-star hotels are finally having their moment.
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Hotel prices show uneven trends across regions in 2024
These trends underscore the importance of localised strategies to navigate a fluctuating market as the industry prepares for 2025.
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AccorInvest continues to pursue options to sell down its hotel assets, as it looks to reduce and refinance group debt.
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Two of S.F.’s biggest hotels reportedly lose $1 billion in value after owner exits
Two of San Francisco's biggest hotels, Hilton Union Square and Parc 55, have lost $1 billion in value as the city’s critical tourism sector continues a slow recovery, according to a new report.
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Report: Hilton named most valuable hotel brand for 9th year
Hilton, with a brand value of $11.6 billion, has retained its title as the world’s most valuable hotel brand for the ninth consecutive year, according to new data from Brand Finance, the brand valuation consultancy. Hyatt, with a brand value of $6…
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