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Affliliates of Asset World Corporation (AWC), an integrated lifestyle real estate group in Thailand, and Hyatt Hotels Corporation have signed a framework agreement for the development and management of new hotels under various Hyatt brands in…
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Germany-based hospitality startup Cosi Group has raised €20 million to accelerate expansion in Europe.
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Luxury hospitality group the Kessler Collection has announced that it will now accept cryptocurrencies like Bitcoin, Ethereum and Dogecoin as payment across its eight corporate-owned hotels in the U.S…
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An alternative hotel universe actually thrived — or at least appeared to — over the last year while all operators in the industry struggled with their worst financial year on-record.
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According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline dipped slightly at the end of Q4 ’20 to stand at 3,375 projects/639,811 rooms, down 4% by projects and 1% by…
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To be globally successful, Hilton must be locally successful, one hotel at a time, working together with a diverse array of owners who reflect the communities and guests we serve…
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This report shares anticipated investor trends accelerated since the onset of the pandemic
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Radisson Hotel Group has outlines plans to add 30 hotels and over 5,000 rooms to its portfolio across Europe, the Middle East and Africa in 2021.
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Tripadvisor acknowledges that it is building its new subscription program, Tripadvisor Plus, with wholesale rates from “aggregators” — that it refuses to identify — covering 100,000 hotels…
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The Covid-19 pandemic has had an extraordinary impact on the global hospitality industry — yet Hilton saw continued growth and development across all categories and brands in 2020…
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Among the highest items on the wish lists of Oyo hotel owners and managers, according to a partner survey, is the ability to assert more direct control over room rates, and to have the flexibility to extend stays and process early checkouts in the…
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IHG Hotels & Resorts launched a growth initiative in 2017 aimed at adding as many hotel rooms as possible to its portfolio. The global pandemic significantly curtailed the expansion streak, with 2020 seeing barely any room growth…
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Accor’s Orient Express brand is set to launch in Rome in 2023, with the major refurbishment of the historic Grand Hotel de la Minerve.
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Marriott International has named Anthony “Tony” Capuano CEO and Stephanie Linnartz president of the company. The appointments follow the unexpected passing of Marriott President/CEO Arne Sorenson on Feb. 15…
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Gilda Perez-Alvarado has been promoted to global CEO of JLL’s Hotels & Hospitality Group to succeed Mark Wynne-Smith, who will continue as global CEO of valuation advisory.
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Cendyn, a leading provider of cloud software and digital marketing services for the hospitality industry, and NextGuest, a New York and Munich-based CRM and digital marketing leader, combine to become the largest scalable CRM and digital marketing…
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Hilton has signed an agreement to develop ten new properties in Germany under its Hilton Garden Inn, Hampton by Hilton and Motto by Hilton brands.
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Moving into 2021, hospitality company Banyan Tree Group is set to continue with its global expansion. The company has signed 20 hotel management agreements in 2020, adding to its pipeline of 35 properties opening over the next 3 years…
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