Saudi Arabia’s PIF launches Adeera to create homegrown hospitality brands
Saudi Arabia’s Public Investment Fund has launched a hotel management company aimed at developing the kingdom’s home-grown hospitality brands, as the Arab nation seeks to expand its position as a global tourism hub…
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The Ascott take over management of Millennium and Copthorne hotels at Stamford Bridge
The Ascott Limited has announced that it has taken over the management of both the Millennium and Copthorne hotels at Stamford Bridge, Chelsea FC’s home stadium. This partnership is part of a broader sponsorship where Ascott has been named Chelsea’s…
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IHG Launches Atwell Suites in Greater China
In November 22nd, IHG Hotels & Resorts (IHG) launched its new exquisite lifestyle brand, Atwell Suites, in Greater China…
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The Middle East's Hospitality Industry: Navigating a High-Stakes Geopolitical Landscape
The Middle East's hospitality industry grapples with the dual challenge of harnessing short-term gains and the uncertainty of sustained conflict…
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Blackstone pours more than €500mn into southern European hotels
Blackstone has invested more than half a billion euros into hotels in southern European holiday spots over the past year, as the world’s largest real estate investor continues to expand its vast portfolio to capitalise on booming post-pandemic…
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Luxury: How to ensure you remain relevant
As the wider hotel sector continues to evolve, the luxury segment is undergoing a metamorphosis of its own. With demand for luxury tourism and hospitality expected to grow faster than for any other industry segment, and with boutique hotels - across…
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European hotel properties ‘poised to lead surge in hospitality investment’
The European hotel sector is in for “an active year” in 2025, according to a report by a real estate adviser.
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Saudi Arabia unveils vast mountain hotel that looks suspiciously like city from Lord of the Rings
As part of a trillion-dollar project, Saudi Arabia has unveiled a new hotel that looks suspiciously like something out of Lord of the Rings — and its development has caused anger.
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Hotels remain bright spot as Germany craves stability
The collapse of Germany’s government the day after Donald Trump was elected US president was an unexpected footnote to a week of political upheaval.
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Hong Kong politician Bunny Chan swoops down on Tin Hau’s Whitfield Hotel at 30% discount
Bunny Chan, who is a deputy to the National People’s Congress, and Paggy Chan, are the new owners of Twenty One Whitfield.
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How renovations can position hotels to capture more event revenue
Demand for in-person events is on the rise. Hotel owners can seize upon the opportunity with thoughtful revamps that appeal to guests and event planners alike.
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Trump’s presidency and the path ahead for hospitality
With Trump’s economic and policy changes, the hotel industry will adapt to the shifting landscape of travel and guest expectations both at home and abroad.
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With concerns swirling about the global economy, climate change, political instability, and health issues, wellness has emerged as a beacon guiding our travel plans. With worries swirling around the global economy, climate change, political…
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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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