Desperately Seeking Value Creation 3.0
The business world is an eternal cycle of reinvention, where actors adapt to market conditions by establishing a new ecosystem that appears most relevant. Hospitality investors are no exception. Along the way, they’re integrating today’s new data…
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As far-reaching as the vision of Saudi Crown Prince Mohammed bin Salman is, the fruit of his efforts is becoming apparent. The kingdom aims to provide tourists and visitors with the royal treatment through a first-of-its-kind seven-star hotel…
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Core investors returning to Italian hotel market
Over the last couple of years value-add investors have dominated the Italian hotel market with buyers flocking to buy tired, run-down or unbranded hotels before invariably renovating and repositioning them upmarket…
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Turkey’s hotel scene ripe for international investment
The Tourism Investment Forum (TIF), organized by the Turkish Tourism Investors Association (TTYD), has become a key B2B platform for tourism investments in Türkiye. TIF 2024, themed "Destination Future Türkiye," will be held on November 26-27 at…
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Growing synergies between hotels and casinos
Major hotel brands are establishing loyalty and distribution partnerships with casino operators. Jon Lucas, chief operating officer, Hard Rock International, explained: “Database in our world is king. It's so critical to our success and these…
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The Owner of This Luxe Palm Beach Hotel Wants to Sell—for $1 Million a Room
Hotels in the Palm Beach area are apparently a hot commodity. The Ben hotel, in West Palm Beach, Florida, may soon be sold for an impressive $1 million per room, Bloomberg reported recently.
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The Advantages of Owning a Small Hotel
How hands-on operations, a personalized approach, and shifting market dynamics are making boutique hotels a compelling investment.
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The Trump Organization wants to open a luxury hotel in the heart of Israel
Donald Trump’s family business tried to open a luxury hotel in Jerusalem, Israel, according to a report.
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The Growing Popularity Of Luxury Branded Residences In London
From Six Senses to the Dorchester, exclusive names in the English capital are now offering five-star service for longer than just a holiday.
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Glyn Aeppel on music's inspiration, taking risks
Glyn Aeppel is a hotel developer and a music composer who finds inspiration and spark her business creativity…
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Aldar to invest $408 million to transform its hotel portfolio amid UAE tourism growth
Aldar Properties, Abu Dhabi’s biggest property developer, is investing Dh1.5 billion ($408 million) to transform its hotel portfolio amid a boom in the UAE’s tourism sector.
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Massive investment in luxury Algarve hotels
Following the official inauguration of the renovated Governor's Palace, Highgate Portugal is preparing to invest almost €50 million to renovate four hotels in its portfolio in the Algarve, namely the São Rafael Atlântico and the three hotels and…
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Owners’ how-to guide for successful transient-to-extended stay hotel conversions
Owners and developers are already well aware of the benefits of transforming a transient asset into an extended stay hotel. In this exclusive interview, Extended Stay America shares next-level tips for managing the conversion more effectively…
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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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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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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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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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'Boutique hotel at sea': Virgin Voyages CEO hails Richard Branson's 'biggest endeavour'
“This is probably the biggest endeavour we’ve done at Virgin,” says Nirmal Saverimuttu, CEO of Virgin Voyages, the kid-free travel brand launched in 2021 by business magnate Sir Richard Branson.
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