Hotel projects: to convert or not to convert? What you need to know
Converting different asset classes into hotels continues to prove attractive to the hospitality market, for example in destinations where new construction is limited.
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Hotel projects: to convert or not to convert? What you need to know
Converting different asset classes into hotels continues to prove attractive to the hospitality market, for example in destinations where new construction is limited.
read more
Chinese modular tech helps build Saudi sustainable hotel
CIMC Modular Building Systems, or CIMC MBS, has signed an agreement to construct the Earth Hotel in Riyadh, marking its inaugural hospitality venture in the Middle East and North Africa. This sustainable project highlights the Chinese company's…
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Macau has attempted to improve hotel room shortage via improved licensing legislation – Gov’t
The Director of the Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes, recently highlighted the evolving landscape of tourism legislation and visitor engagement in Macau.
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Hospitality’s future lies in ‘morphing into other asset classes’
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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From hashtag to hotel room: The evolution of the social food chain
What do a Saudi influencer-turned-travel agent, a Singaporean AI virtual girl named Rae, and a hashtag with 30 billion views have in common?
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What is fuelling the hotel conversion frenzy?
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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We’re having sex inside Moby Dick! The wild architectural world of Japan’s love hotels
From cruise ships to UFOs, from King Kong to a giant whale, half the sex in Japan may take place in its dazzlingly imaginative love hotels. But have some become just too seedy? Our writer checks in
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Owner plans to cut up and remove five-star hotel from Beirut
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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‘Shining’ Hotel Borrows $300 Million to Cater to Horror Fans
The hotel that inspired Stephen King to write his bestseller The Shining is turning to the municipal-bond market to pay for a sweeping overhaul in a bid to cement its status in the film industry, particularly among horror aficionados…
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China’s Tongcheng Travel to Buy Wanda Hotel Manager for USD342 Million
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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Luxury Hotels Lose Their Luster in China as Buyers Hold Off Amid Economic Slowdown
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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What is Hospitality’s Role in an Age of Disruption?
Around 35 years ago, I helped found an organization to promote British excellence and drive business development for the UK’s top firms and today, the group is called Walpole which includes more than 250 members representing the best of British…
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Pudu Robotics, a global leader in service robotics sector, has officially unveiled FlashBot Arm, an innovative Semi-Humanoid Embodied AI Service Robot tailored specifically for commercial service environments…
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Goddard Littlefair designs Andalusian retreat for Iconic Luxury Hotels
Iconic Luxury Hotels has announced that it will launch a new hotel in Marbella in late Spring, designed by Goddard Littlefair.
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The current pace of hotel conversions “has started to pick up” with owners, developers and investors now looking at this path vis-à-vis PIPs, according to Michael Cummings, senior vice president and divisional leader within the CBRE Hotels Advisory…
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Will IKEA’s Hotel blow you away, or send you flat packing?
It’s the biggest furniture company on the planet, with 480 stores, but only one IKEA hotel to its oh-so-recognisable name. Jenni Mortimer heads to Älmhult Sweden to check it out.
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An airline built a hotel. It crashed and burned
At Sunseeker Resort Charlotte Harbor, sunburnt guests in Michigan and Ohio State gear — the unofficial uniforms of Southwest Florida tourism — wait at the poolside for long-delayed fruity cocktails. The scene captures the essence of a property that…
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Report: India’s hotel industry to surpass 300,000 rooms by 2029
INDIA’S HOTEL INDUSTRY is set to add more than 100,000 rooms, surpassing the 300,000-mark by 2029, according to Horwath HTL, a hospitality consulting firm. The demand is driven by growing religious tourism, rising prosperity and key infrastructure…
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