Egypt 'Extremely Challenged' by Hotel Rooms Shortage, Says Tourism Minister
Egypt says it needs 250,000 more hotel rooms to be constructed if its to hit its tourism goals for the next decade.
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Egypt 'Extremely Challenged' by Hotel Rooms Shortage, Says Tourism Minister
Egypt says it needs 250,000 more hotel rooms to be constructed if its to hit its tourism goals for the next decade.
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Hotel Foreclosures Continue to Plague Greece’s Islands
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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Europe investment to ramp up in 2025
Cushman & Wakefield report also finds that 70% of investors expect European hotel values to rise in 2025, with Madrid, Barcelona and Rome preferred.
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Japan's youth abandon tourism jobs amid low wages, harsh work culture
Seeking better pay and work-life balance, young Japanese workers are leaving the tourism sector, worsening labour shortages in an industry crucial to Japan’s economy, reports South China Morning Post (SCMP)…
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Hotel franchising, an integral part of the European hospitality industry, continues to grow in popularity as hotel chains establish significant presence due to its ability to provide both franchisors and franchisees with a strong, proven business…
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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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The acquisition of Brown Hotels by Israel Canada is nearing completion
Within the next two weeks, the acquisition of Brown Hotels’ assets by Israel Canada Hotels will be completed, according to estimates by a senior executive of the company. The deal was announced in mid-September and at this time, according to reports…
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Hotel brand Ruby will launch in Budapest with a new hotel fashioned from the historic Corvin Palace department store building
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The luxury hotel bubble: A warning to the industry
In the world of luxury hospitality, a storm is brewing beneath the surface of seemingly endless growth and expansion.
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IHG Launches Atwell Suites in Greater China
In November 22nd, IHG Hotels & Resorts (IHG) launched its new exquisite lifestyle brand, Atwell Suites, in Greater China…
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The Middle East's Hospitality Industry: Navigating a High-Stakes Geopolitical Landscape
The Middle East's hospitality industry grapples with the dual challenge of harnessing short-term gains and the uncertainty of sustained conflict…
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European hotel properties ‘poised to lead surge in hospitality investment’
The European hotel sector is in for “an active year” in 2025, according to a report by a real estate adviser.
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DidaTravel Unveils Surging Hotel Bookings During China’s Golden Week 2024
DidaTravel reveals a surge in global hotel bookings during China’s Golden Week 2024, highlighting the rapid recovery of outbound travel across key regions.
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Why brand repositioning requires careful scrutiny
Selecting the right brand as part of a hotel repositioning can change the asset’s future in a fundamental way, but plenty of nuance remains around brand choice, delegates heard at the IHIF Asia.
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