Park Plaza Hotel owner refinances £150m in debt
PPHE Hotel Group, the owners of Park Plaza Hotel and Holmes Hotel, has refinanced more than £150m in debt…
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Mass tourist brawl at five-star Egyptian resort over unpaid hotel bills sees staff hospitalised
A staff member at a five-star hotel in Egypt has been seriously injured following a fight with tourists who refused to pay for a service.
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With the pandemic largely in the rearview mirror, the last twelve months have been about interest rates, less transactions, and wild presidential election cycles worldwide. The hotel industry will be impacted in significant ways as these issues…
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Singapore group to bring ‘entry-level’ luxury to London with new hotel
Ellen Kensington marks the second addition to KOP Group’s UK portfolio following its acquisition of Charlton House in Somerset last year.
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Global hotel rates starting to rise ‘more moderately’
Hotel prices in key global business travel cities are now going up at a “more moderate rate” than in the previous two years, according to the latest data from accommodation booking specialist HotelHub…
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Hospitality: A grand, rewarding career choice
Hospitality hiring trends predict an unprecedented increase, yet young students remain sceptical to pursue a career in hospitality. Seasoned hotelier Farhat Jamal dispels some of the apprehensions associated with pursuing a hospitality career…
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A Guide To Education Pathways in the Hotel Industry
The hotel industry is a vast and rapidly evolving sector, offering a wide range of career opportunities for individuals with the right education and skills. Whether you’re just starting your research or looking to advance your career further…
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Apple and Google wallets are part of a plan to make the hotel room key card obsolete
Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During the pandemic, touch was taboo, so touchless trends…
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Italy could hike tourist tax to 25 euros a night for most expensive hotel stays
Italian cities could reportedly impose a charge of up to €25 (£21) for visitors to stay per night as part of increasingly draconian laws to stop over-tourism.
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Tassos Kotzanastassis: How drones and AI can reshape hospitality real estate
Tassos Kotzanastassis is the founder and managing director 8G Group, a private equity real estate group,and a founding partner at Petra Hospitality Management, a hotel management company based in Istanbul and focusing on Turkey, East Mediterranean…
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Young leaders don’t always act so young
On the stage on Day One of the HICAP Australia, New Zealand conference (HICAP ANZ) in Sydney this week, CBRE Asia Pacific’s Nick Hill showed wisdom beyond his years when he suggested while he has started his career going through a very challenging…
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An entrepreneur has bought an eerie 250-year-old prison with terrifying tunnels and a dungeon called 'The Hole' plans to transform it into a luxury hotel…
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Travalyst introduces list to standardise sustainable hotel certification
Travalyst, the not-for-profit coalition of travel tech providers, has launched a list of 49 sustainable accommodation certification schemes that comply with a set of criteria aimed at improving industry alignment and credibility…
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Black Myth: Wukong sends China’s game-enabled hotels into overdrive, boosts room rates
Stay-and-play rooms with high-powered PCs prove popular among fans who lack their own hardware or just want a nice place to play with friends.
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UK serviced apartments: Investment and pipeline stay strong
Investment in serviced apartments is on the rise, with the UK market proving particularly attractive. In a ranking of 26 real estate sectors, serviced apartments climbed from 16th place in 2022 to ninth position in 2024, according to the Emerging…
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Martin Rinck to lead Lindner Hotel Group as new CEO and Chairman of the board
Lindner Hotel Group has announced the appointment of Martin Rinck as the new Chief Executive Officer (CEO) and Chairman of the Management Board, effective October 1, 2024…
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Rocco Forte Hotels counts cost of £1.4bn deal with Saudi Arabia’s Public Investment Fund
Profit at the British hotel group co-founded by Sir Rocco Forte was cut by more than half during its latest financial year as it sold a significant stake to Saudi Arabia’s Public Investment Fund.
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BlueCove bets on Korean Wave as value-add pays
South Korean asset manager BlueCove Investment is betting on robust demand dynamics from domestic and international travellers for the country’s hotel sector. South Korea has become one of Asia Pacific’s top-performing hospitality markets in the…
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