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The hotel industry is poised for significant shifts in 2025, with private- equity (PE) firms continuing to play a prominent role in hotel asset acquisitions. As economic conditions evolve, emerging trends in experiential travel, asset positioning…
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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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Minor International, whose hotels in Thailand feature in the hit HBO series The White Lotus, plans to expand into the United States to cash in on the newfound global fame that has seen room bookings skyrocket since the show began airing in February…
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Changing lifestyles, global migration patterns – and plenty of wealthy people – are fuelling the demand for standalone properties built and managed by luxury hotels and consumer brands
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Aimbridge Hospitality, a leading, global hotel management company and the world's largest third-party hotel operator, today announced the appointment of a refreshed, expanded Board of Managers that brings deep experience in hospitality and further…
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Ayala Land—controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Corp., the Philippines’ oldest conglomerate—will spend $500 million to almost double its hotel rooms by 2030 to ride the tourism boom…
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The prospect of interest rate cuts around the globe has cheered real estate and bond investors in equal measure. While hospitality investors see lower capital costs supporting further investment activity and asset values, for bond backers, fixed…
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The latest figures from Lodging Econometrics’ Q4 2024 analysis indicate Europe’s hotel construction pipeline encompasses 1,661 projects totaling 244,464 rooms. Though this represents a slight year-over-year cooling, these figures reflect sustained…
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At MWC Barcelona, Huawei and Meliá Hotels International Launched the Global Smart Hotel Showcase at Torre Melina Gran Meliá hotel, a high-end luxury brand of Meliá. This showcase fosters innovations in smart hotel network connectivity and…
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Singapore’s Hotel Properties Ltd has acquired the InterContinental Auckland Hotel from Precinct Properties for what is believed to be the largest ever hotel sale in New Zealand, of $180 million.
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More than 1,000 midscale and above hotels shut down in a year.
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The luxury hotel industry is changing fast. The Langham Hospitality Group CEO Bob van den Oord discusses how his brand is adapting—and what the future holds for high-end travel.
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Madoc Batters likes a challenge. As head of cloud and IT security at Warner Leisure Hotels, he’s inherited a big task – leading the UK hotel chain on a digital transformation journey, including moving the business to the cloud to build a platform…
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Starwood Capital Group put out a press release on Wednesday with quotes from Chairman Barry Sternlicht announcing the official relaunch of Starwood Hotels, rebranding from SH Hotels & Resorts with more than 40 properties open or in development…
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Partnerships with celebrity chefs, international designers and starchitects is nothing new in the hospitality world. But a new crop of creatives are finding themselves setting up shop in luxurious suites, as hotels seek to foster inspirational…
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Dalata Hotel Group PLC (LSE:DAL), parent to the Clayton and Maldron brands, has begun a strategic review to explore capital opportunities and enhance shareholder value…
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The global hospitality sector has enjoyed huge benefits from international travel, economic interconnections, and cross-border investments, all of which have been significantly shaped by the rise of globalisation. That ease of movement for tourists…
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Japan’s largest travel agent, JTB Corporation, has unveiled plans to dispatch chefs to small- and medium sized accommodations in regional areas in a bid to tap international visitors’ growing interest in Japanese cuisine…
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