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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Travelodge opens collection of new hotels in Spain as hotel chain continues its expansion
Travelodge, the UK’s first budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, continues its Spanish expansion and has today announced the opening of five new Travelodge hotels; Alicante Puerto, Barcelona del Valles…
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Howdy, partner! Lodging companies to management companies choose partnership over M&A
Sometimes, it’s better to rent or lease than to straight out buy. In homes and cars, yes—what about in the hotel business?
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How to Determine a Hotel’s Feasibility and Land Value in 60 Seconds
Several times a month, I get a call that usually goes like this: “Hi Steve, Hope you are doing well. I have a “golden” opportunity to purchase this amazing hotel site in an incredible hotel market. It's being offered for $10 Million- should I buy…
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Bandon Dunes family announces new 36-hole Texas golf resort
If three golf resorts is good, then four is better…
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Hawaii Vacation Rentals Struggle: April Occupancy Declines, Prices Approach Hotel Stratosphere
The Hawaii Vacation Rental Performance Report for April reflects diverse challenges and various evolving trends in Hawaii travel. Despite an overall supply of vacation rentals, occupancy has dropped significantly compared to previous years, both…
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PM Hotel Group adds Staybridge Suites McLean to portfolio
US: Management company PM Hotel Group has added Staybridge Suites Tysons – McLean, in Virginia to its portfolio.
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Former Sands Resort Hotel to reopen as “Cornwall’s first coastal aparthotel”
Newquay will welcome what is being referred to as “Cornwall’s first coastal aparthotel” later this year.
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Why going green is not just good for the planet, it’s also good for hotels’ bottom line
Ireland has committed to achieving net-zero emissions by 2050 and all business sectors must be cognisant of this and integrate sustainability into their strategic planning.
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Cvent announces Top Meeting Destinations and Top Meeting Hotels in Asia-Pacific for 2024
Cvent, an industry meetings, events, and hospitality technology provider, has released its lists of the Top Meeting Destinations and Top Meeting Hotels for Asia-Pacific (APAC). These lists – which also include regional rankings for North America…
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More than 1,000 hotels for sale in Portugal
According to calculations made by CASAFARI, during the first three months of 2024, there were 1,038 hotels for sale in Portugal, 31% more than the 791 in the same period of 2023.
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Leading a major property developer with an eye on art and culture
This series explores topics surrounding women who began their careers in Japan following the implementation of equal opportunities employment legislation in the mid-1980s. With many now reaching the age of retirement, it is hoped their stories can…
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Plans emerge for Las Vegas’ tallest resort on former waterpark site
A team of Las Vegas real estate developers is planning to build what could be the city’s tallest resort on the 27-acre site that formerly held the Wet ‘n Wild waterpark and for years was targeted for Jackie Robinson’s All Net Arena project…
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Once-troubled Florida resort has a new strategy: Go more expensive, more exclusive
The once-troubled Banyan Cay Resort & Golf in West Palm Beach, Florida, is being recast into an exclusive golf club for wealthy Palm Beach and West Palm Beach residents who want to hit the greens near their pricey coastal homes —and are willing to…
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Lucrum Capital looks to sell Killiney hotel site for S$195 million
PRIVATE equity firm Lucrum Capital has put a freehold boutique hotel under construction at Killiney Road up for sale at S$195 million.
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