Zleep Hotels and Core Hospitality merges
All 14 Zleep Hotels in Denmark are merging with the management company Core Hospitality to create one of the largest hotel operators in the country.
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6 big trends for hospitality real estate in Q3
We recently gathered together a select group of investors to discuss the ins and outs in our Q3 Investor Council meeting. Below are a selection of the key nuggets from that discussion. We’ll be developing some of these themes further over the next…
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Mohari outbids LVMH’s Bernard Arnault by €309 million in battle over Venice’s iconic Hotel Bauer
Mohari Hospitality Ltd is in exclusive talks to purchase Venice’s five-star Hotel Bauer, according to people familiar with the matter, beating other bidders including billionaire Bernard Arnault.
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Floating hotel plan unveiled for Salford Quays
Looking to dock at the North Bay, Netherlands-based architects Ninetynine is drawing up innovative plans for a 180-guest-room vessel on behalf of The Good Hospitality Group. A pre-planning application consultation has started with a view to the…
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Panic in Turkey as tourists abandon country for another hotspot leaving hotels empty
The number of Turkish tourists in Greece has surged since Greece launched visas on arrival for visitors from the neighbouring state, with Turkey now experiencing a drop in tourism.
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Meet Yahya Jan, the architect building the world’s tallest hotel, Dubai’s Ciel Tower
If you look out onto the Dubai skyline, you’re likely to be admiring the work of Yahya Jan…
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A 'dystopian' capsule 'apartment' is being offered as a solution for Sydneysiders who cannot find or afford even a small unit due to the city's housing crisis.
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Great expectations: The why, when, how and with what of entering a new hotel market
Aqua-Aston Hospitality, a management company that has been closely associated with Hawaii since 1948 and has 25 properties in the state, announced earlier this year that it would be opening a dual-branded Fairfield Inn & Suites and TownePlace Suites…
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Inside Park Lane Copenhagen, a former cinema-turned-boutique hotel
Park Lane Copenhagen is set to begin welcoming guests in October 2024, following an extensive transformation. The 69-key hotel finds home in a property that dates back to the 1920s, originally a cinema and later transformed into a hotel…
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London’s latest luxury hotel and club set for former royal residence
A historic landmark in London’s Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
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NUMA Group Buys UK’s Lifestyle Apart Hotel & Serviced Apartment Brand Native Places
The NUMA Group, Europe's leading operator of a fully digitalised hospitality platform, today announces the acquisition of a lifestyle apart hotel brand Native Places from Native Holdings. NUMA Group has acquired 100% of Native Places the short-stay…
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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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Jim Alderman joins Airbnb’s real estate team
Jim Alderman, a 35-year industry veteran and former Radisson Hotel Group Americas CEO, has joined Airbnb‘s real estate team as head of residential development, where he will work with Jesse Stein, global head of real estate…
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UK Hotel investment totals £3bn in H1 as portfolio transactions drive activity
The return of portfolio transactions has bolstered UK hotel investment during the first six months of 2024 with investment totalling £3 billion, up from £990 million over the same period in 2023 and far beyond last year’s full year total (£2…
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Hoteliers hit back at proposal to introduce hotel tax in Dublin
THE IRISH HOTELS Federation has criticised proposals that could see a hotel tax introduced in Dublin…
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Investment Opportunities in the Lifestyle Hotel Market
Multi-story complexes of similar-looking rooms with cozy lighting, finely-pressed sheets, and a corporate, sterile feel. These kinds of hotels abound, found on every street corner in the U.S…
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Investor Profile: Agile ECE applies vertical skills to hospitality
If the Otto family-owned ECE Group was born out of its deep knowledge of the retail trade and retail real estate in the 1960s, the firm today – an independent real estate developer, operator, owner and investor in several asset classes – is still…
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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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