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Rotana unveiled its ambitious regional and international expansion plans at the Saudi Tourism Forum (STF)
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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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Greece’s tourism industry has been a bright spot over the last few years and with more and more US tourists visiting, hotel investors are showing an increased interest in the country. A recent roundtable discussion heard from different players…
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US hospitality giant Wyndham aims to extend beyond the luxury market as it eyes the midscale segment to fill a gap in Saudi Arabia’s booming hotel market.
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India is set to lead Asia Pacific’s hotel market, claiming 25% of total openings in 2024 and maintaining the highest number of new openings through 2026, analysts reveal.
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The improving economies of Armenia, Georgia and Azerbaijan present opportunities to grow tourism and hotel projects.
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A vast continent full of opportunities, Africa is proving a region where Hilton is finding new markets for its hotel brands.
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To the east of Europe, Romania is now opening up as a new destination for EU travellers, with hotel brands following the money.
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Ennismore, the group behind the Hoxton hotel chain, is betting on the Middle East and the Americas for its growth after warning that Europe is becoming “challenging” for hotel development.
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The global hotel industry is experiencing a significant surge in development, with the United States and China at the forefront. According to Lodging Econometrics’ (LE) Q2 2024 Global Construction Pipeline Trend Report, the worldwide hotel…
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The COO – MEA & SEAP, Radisson Hotel Group, delves into its ambitious regional expansion strategies, the distinct challenges and opportunities across different markets.
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In June, global hospitality technology company Oyo launched its first luxury hotel in Dubai—Palette Royal Reflections Hotel and Spa—to strengthen its premium property portfolio in the Gulf region.
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Egypt’s newly appointed Tourism and Antiquities Minister, Sherif Fathy, introduced a comprehensive plan to expand the country’s hotel capacity in anticipation of the surge in tourist arrivals.
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France-based B&B Hotels, which launched into the U.S. lodging space this spring, intends to advance in the domestic market by keeping the same business model that works in Europe.
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Last year, Virgin Group combined its two hospitality businesses under a new parent brand, Virgin Hotels Collection. The consolidated portfolio comprises the Virgin Hotels brand and the company's ultraluxe Virgin Limited Edition properties. Hotels…
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Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
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Mark Hoplamazian, CEO of Hyatt Hotels, believes that India has tremendous tourism potential and the government must work towards increasing the exposure of inbound travellers to the country’s natural resources and history. “It would be great to have…
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IHG expands its high-quality hotel solutions in the region with exciting new locations and franchise projects.
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