Five-Star Hotel Project Halted on Milos Island After Environmental Appeal
The Urban Planning Department of Milos has blocked the construction of another five-star hotel on the island, suspending all works in the Agios Konstantinos area following judicial intervention.
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Luxury brands, global funds flock to Seoul hotels
Rosewood, Mandarin Oriental, Ritz-Carlton plan openings while Goldman Sachs, GIC target mid-scale deals
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What hotel investors think about capex in 2025
Typically, major hotel owners had set aside four per cent of gross annual revenue for capital improvements (capex) and four to five per cent in reserves for repair, maintenance, and replacement of furniture, fixtures, and Equipment (FF&E), depending…
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Building hospitality resilience in an era of escalating natural disasters
The hospitality industry operates at the nexus of service and environment, making it uniquely vulnerable to the escalating frequency and intensity of natural disasters. Recent events in North Carolina, Texas and New Mexico serve as stark reminders…
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Tata backs Indian Hotels growth
Tata Sons, the holding company of the Tata group, where Indian Hotels is the group's key tourism business, is to launch a new hotel investment platform
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Where to look for hotel supply (and why)
Nordic-focused private equity investor Slättö recently announced plans to expand its hospitality portfolio by acquiring a run down, 1960s office building. The property purchased, a sombre concrete and green glass monolith, was occupied by the…
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Hotel Equities to operate Postcard Cabins locations
Hotel Equities has been selected to operate Postcard Cabins, a newly-acquired brand under Marriott International. Hotel Equities will manage Postcard’s collection of cabins across the U.S., helping Marriott expand its footprint in the growing…
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