Radisson added more than 3 800 new rooms in Middle East, Africa last year
Radisson Hotel Group signed 22 additional hotels, resorts and serviced apartments in 2023, adding more than 3 800 rooms to its Middle East and Africa regional portfolio…
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Hotel Investing Remains Cheap as Sector’s Recovery Continues, per Analyst
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates…
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The Private Jet Villa Is World's First Boeing 737 Hotel Conversion, Will Blow Your Mind
Airplane conversions are not rare, but they're not the norm, either. Upcycling decommissioned aircraft is a task only for the strongest of hearts and the deepest of pockets, no matter how low and attractive the price of the fuselage…
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Tourists and business travellers alike hit the road again last year, boosting demand for hotel rooms by 11 per cent Canada wide…
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Aareal Bank Backs Starwood Capital with Financing for Premier London Hotel Portfolio
Aareal Bank has provided financing for the acquisition of a premier collection of ten hotels in London by a controlled affiliate of Starwood Capital Group…
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Libyan Investment Authority launches hostile takeover of South Africa’s Legacy Hotels
The Libyan Investment Authority, the country’s sovereign wealth fund, has launched a hostile takeover bid for one of SA’s premier hospitality groups, Legacy Hotels, following a bitter boardroom fallout, putting a multibillion-rand property portfolio…
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Jackson Hole Mountain Resort, WY, Owners Confirm Sale to Local Investors
The Kemmerer family announced today that it has officially closed the deal for the sale of Jackson Hole Mountain Resort (JHMR), Wyoming, ending a highly successful and transformative 32 -year run of ownership…
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Cheval Blanc to Launch in Seychelles
The Mahé Island property will feature 52 villas designed as an ode to creole traditions. Luxury hospitality brand Cheval Blanc is set to unveil Cheval Blanc Seychelles this fall. Nestled along Mahé island’s Anse Intendance beach, the new location…
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Dorchester Collection opens first hotel in the Middle East
Dorchester Collection’s hotly anticipated new opening, The Lana, Dubai, has welcomed its first dining and overnight guests…
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HB on the Scene: Catching up with Mark Shalala
Christina Trauthwein, VP, Content and Partnerships, Hotel Business speaks with Mark Shalala, SVP, development, upscale brands & real estate, Choice Hotels International, about the company and its upscale brands…
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Owner Defaults on San Francisco Financial District Hilton Hotel
The InterGroup Corporation is a Delaware corporation formed in 1985, as a successor to Mutual Real Estate Investment Trust, a New York real estate investment trust created in 1965…
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The world’s first 3D-printed hotel will soon be a reality, according to Architectural Digest…
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Thai hotel investments accelerate and Inflows approach pre-pandemic levels
Hotel investment in Thailand is ramping up at the same rate as prior to the pandemic, driven by more hotel conversions and an increase in lending among banks, based on an optimistic tourism industry, according to hospitality consultant C9…
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Shamal Holding breaks ground on exclusive Baccarat Hotel and Residences Dubai
In an exclusive ground-breaking ceremony, Shamal Holding, a diversified investment firm which manages a unique portfolio of investments, assets and experiences, has inaugurated the start of construction for the highly anticipated Baccarat Hotel and…
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Amadeus brings travel technology expertise to membership in the Sustainable Hospitality Alliance
Amadeus has joined the Sustainable Hospitality Alliance (the Alliance) to bring its travel expertise to the table in the quest to support a more prosperous and responsible hospitality sector…
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How Colorado's "Frozen Dead Guy" wound up in a "haunted" hotel
In its nearly 115 years, the historic Stanley Hotel, in Estes Park, Colorado, has hosted everyone from Theodore Roosevelt to the Titanic's "unsinkable" Molly Brown, and more recently, author Stephen King…
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More than 1,800 new hotel rooms completed construction last year, bringing total stock to an estimated 66,200 as of December. According to Fáilte Ireland research, 12% of all registered tourism bed stock is under contract to the state…
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GIC Seeks to Sell Hilton Hotel in Japan for Over $580 Million
Singapore sovereign wealth fund GIC Pte is considering selling a 1,053-room hotel in western Japan, and has been marketing the property to potential investors since late last year, according to people familiar with the matter…
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