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It’s not a match made in heaven, at least according to shareholders of Tongcheng Travel Holdings Ltd. (0780.HK), which last week announced it would buy the hotel management, construction and design business of Wanda Hotel Development Co…
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A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
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Israeli-backed Leonardo Hotels is growing in central Europe, supported by a series of strategic partnerships and new investments.
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Tongcheng Travel Holdings, a Chinese online travel services provider, has agreed to acquire Wanda Hotel Management Hong Kong for about CNY2.5 billion (USD342 million), beefing up its hotel assets and competitiveness…
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As more travellers prioritise healthier lifestyle choices, hotels are adapting their offerings to include wellness-focused amenities and alcohol-free options.
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Luxury hotels in China, once prized assets, are struggling to attract buyers as economic growth slows. Their steep price tags and high running costs mean than many stay on the market for a long time and those that do sell, often do so at a heavily…
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A popular all-inclusive resort brand hitting the market might seem like catnip for major hotel companies like Marriott International, Hilton, Hyatt, Accor and IHG Hotels & Resorts — each of which has shown significant interest in expanding in this…
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Last week Hospitality Investor was on site in Berlin for this year’s iteration of IHIF EMEA. The conference came at the perfect time to take the temperature of the industry given everything going on in the world at the moment…
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Despite geopolitical concerns, 90% of investors surveyed by CBRE will maintain or increase hotel capital allocations with Spain the top destination.
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Hospitality experts at Hunter discuss the bid-ask spread, buyers and sellers, inefficient markets and the biggest hurdles to getting deals done.
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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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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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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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Collective Hospitality is reimagining the ‘digital nomad’ brand it bought out of insolvency with a new name, a smaller footprint and a goal to partner with a big brand.
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Build or buy, brand or run independent? First Hospitality’s David Duncan offered keen insights into the decision-making process during ALIS session.
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David Pepper reinforces Choice Hotels’ interest in moving up chain scales with Radisson and soft brands, and boasts about extended-stay pipeline.
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The American investment fund Blackstone is preparing to sell its hotel assets in Spain, currently held under its Hotel Investment Partners (HIP) division. This move comes as the hospitality sector is experiencing strong growth, providing an…
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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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