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The hospitality industry is undergoing a “continuing morphing into other asset classes”, which might even see its major investment firms “follow peers into a living type strategy”, according to Mit Shah, CEO, Noble Investment Group…
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The US hotel market is in the grip of a full‑blown conversion boom - and investors are here for it. Rising construction costs, tight zoning and a thirst for speed to market have pushed brand‑to‑brand and adaptive‑reuse projects to the front of deal…
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Milan-based Traveltech startup Hotiday announces a €5.5 million capital raise in order to expand its portfolio of European destinations, enhance the range of services offered, establish new partnerships with tourist accommodations, and grow the…
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UAE billionaire Khalaf Al-Habtoor is considering hiring a Chinese company to deconstruct his five-star hotel in Beirut and move it to another country, following a decision in January to end all investment in Lebanon…
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The UAE will back the development of a five-star hotel near the pyramids in Giza outside the capital Cairo to support Egypt’s tourism, state-run Wam news agency reported.
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Sean Hehir, the CEO of Trinity Investments, has a Dickensian notion of the hotel industry: a tale of two segments, where strong performance in one is offset by tepid performance in the other. The data support him: STR forecasts RevPAR growth in the…
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Growing tourism and favorable economic conditions fuel significant hotel transactions across Japan's hospitality sector.
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A new Hyatt hotel in Utah next to a ritzy ski resort has a strange secret: It's been built for the US military.
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Billionaire Phil Ruffin is looking to sell one of the Las Vegas Strip’s most infamous properties, but whether or not this spells the end of Circus Circus remains to be seen.
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Portugal’s hotel market has a strong development pipeline, as investors see consistent growth in the country’s tourism sector. A report from agent Christie & Co details the opportunities, and the development pipeline in the country…
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Mohari Hospitality is not a big institutional investor, but CEO J. Allen Smith said as it continues to develop more partnerships, it is certainly creating institutional-like capital firepower.
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Sam Arnaout bought the Cabramatta Hotel in west Sydney and the El Cortez Hotel in Canley Heights in a deal worth close to $200 million.
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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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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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Glyn Aeppel is a hotel developer and a music composer who finds inspiration and spark her business creativity…
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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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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 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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