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Budget hotel chain easyHotel is in new ownership, with the expectation of further expansion across Europe
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Could it be The White Lotus effect? While portfolio deals dominated the European hotel investment landscape last year, the appeal of the sector has seen high net worth individuals (HNWIs) and family offices increasingly drawn to the hospitality…
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Golden beaches and year-round sun - the Canary Islands and the Balearic Islands are not just Spain’s most sought-after destinations, they are also emerging as strategic tourism hubs, commanding nearly a third of Spain’s international tourist traffic…
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Hospitality pros say Marriott will need to work hard to ensure CitizenM doesn’t cannibalize its other lifestyle brand, Moxy. CFO Leeny Oberg says that won’t be a problem.
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Paris-based Accor posted strong revenue, RevPAR, net unit growth and pipeline numbers as part of its first-quarter earnings.
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Following the $800 million recapitalization for their Space Coast portfolio, this transaction allows for some added leverage and liquidity for investors.
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Greece’s leading role on the global tourism map, combined with the relatively small penetration of major foreign hotel brands compared to other developed destinations, continues to attract large foreign hotel management chains…
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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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Tech-powered hospitality operator, Bob W, has today announced the appointment of Philip Ward, former CEO of JLL’s Hotels & Hospitality Group for the EMEA region, to its Board of Directors.
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The operator of the renowned Chedi Hotels embarks on a new chapter as Chedi Hospitality. Bringing four decades of experience to the role, Stephan spearheads the group’s bold vision for the future of luxury travel…
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The UAE will back the development of a five-star hotel near the pyramids in Giza outside the capital Cairo to support Egypt’s tourism, state-run Wam news agency reported.
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With the news that the world’s largest real estate investor, Blackstone, is exploring options to divest Spain-based Hotel Investment Partners (HIP), market watchers might be wondering if the US private equity love affair with European hospitality is…
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Rethinking pools, repurposing salons, and reconceiving adults-only concepts are part of accor’s wellness design strategy set to “make waves” in the global hospitality industry
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Rotana unveiled its ambitious regional and international expansion plans at the Saudi Tourism Forum (STF)
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Sarovar Hotels is expanding its focus to highway hotels and resorts near major cities, capitalizing on India's growing road network. With 80 projects in the pipeline, the company aims to surpass 150 hotels by 2025, adding 15-20 annually…
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In October 2018, Minor Hotels made a transformative leap into the global hospitality landscape with the €2.3 billion ($2 billion at the time) acquisition of Madrid-based NH Hotel Group. This ambitious move added 385 upscale and luxury properties…
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Accor continues to innovate and expand its portfolio with numerous openings scheduled for 2025. From luxury rail destinations to seaside wellness retreats, Accor offers a wide range of establishments while emphasizing sustainable development…
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Orbite has raised $4 million in series A funding to grow its private luxury astronaut business and develop its Spaceflight Gateway Campus.
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