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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IHG Hotels & Resorts Invites Retirees to Celebrate Their Retirementmoon With Travel
The same way nuptials or newborns are celebrated, IHG Hotels & Resorts is commemorating another one of life’s biggest moments, retirement…
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What’s top of mind for Australian finance execs?
At a HICAP ANZ panel in Sydney, hotel executives discuss financing, insolvency issues and tax changes happening right now in the Australian hospitality market.
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ResortPass Lets You Feel Like A Hotel Guest, Even For One Day
Michael Wolf has a new vision of hospitality, and it’s called “day-guesting.” He’s the chief executive officer of ResortPass, a digital platform that lets you day-guest at luxury hotels and enjoy amenities like pools, deluxe spas, rooms and fitness…
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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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Hotel Loyalty Is Dying As Brands Choose Owners Over Guests
This is going to sound harsh, but I find big hotel chains to be among the more duplicitous businesses in travel. Ouch, I said it, give me bed bugs and an overcooked egg!
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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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InterGlobe forays into international hospitality
InterGlobe Enterprises recently announced the launch of Miiro, a new lifestyle hotel brand with a distinctive collection of individually designed hotels in the heart of Europe’s most vibrant cities, each with its unique culture, history, and…
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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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Dutch hotels fear value-added tax hike will hit sales
The cabinet’s plans to increase value added tax (btw) on hotel rooms will put up prices 11% and cost the sector hundreds of millions of euros, the Financieele Dagblad reported on Monday.
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Frequent hotel fires in South Korea point to lack of sprinklers
Following Thursday’s hotel fire in Bucheon, Gyeonggi Province, which claimed seven lives and injured 12 people, concerns have been raised about the lack of fire safety measures in accommodations here.
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Hilton aims to double African hotel portfolio
Hilton, the US multinational hospitality company, has ambitious plans to expand in Africa, as Andreas Lackner, vice president, operations, Africa and Indian Ocean, tells African Business.
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International hotel performance drops in China: Is business travel to blame?
Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.
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How to make your mixed-use development a success
Mixed-use hospitality development has significantly evolved over the past decades, becoming increasingly essential in the current market as securing financing has become more challenging and diversifying a project makes it more economically viable…
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A fire has ripped through a hotel in South Korea, leaving at least seven people dead and a dozen injured as guests desperately tried to escape the inferno.
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