By tag

The “higher-for-longer” interest rate environment had a chilling impact on the U.S…
read more

The resort, slated to debut in 2027, will reimagine mountainside hospitality at 7,545 feet. Raffles Hotels & Resorts and NEOM have unveiled plans for a year-round mountain resort in Trojena, Saudi Arabia…
read more

Sun Venture, which already owns the mixed-use 1 New Oxford Street development, is expanding its property portfolio in the Capital. They acquired a 280-bed central London hotel for a reported £100 million, marking its first foray into hospitality…
read more

Meyer Jabara Hotels is delighted to announce the appointment of Ian McAuley as the Chief Investment Officer, a role specifically designed to bolster the company’s asset portfolio and enhance partnerships with capital investors…
read more

It aims to grow luxury without neglecting mid-scale business - IHG HOTELS & RESORTS reported a 23 percent increase in profit from reportable segments in 2023, surpassing the $1 billion milestone for the first time…
read more

The US American hotel conglomerate Choice Hotels, which owns the Radisson, Cambria, Comfort, Country Inn & Suites, Quality Inn and other brands, has partnered with Tesla to install Tesla's Universal Wall Connector at its hotels…
read more

The Hunter Hotel Investment Conference ("HUNTER" or "Hunter Conference") is pleased to present Bob Hunter, Founder of Hunter Hotel Advisors and Hunter Conference, with the 2024 Hunter Conference Award for Excellence and Inspiration…
read more

Construction has begun on One Beverly Hills, a nearly $5-billion condominium and hotel complex that promises to transform the Beverly Hills skyline and be a commanding presence on its western edge…
read more

Scotland saw hotel transaction volumes (sales of £1 million+) reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills…
read more

How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well…
read more

Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates…
read more

Airplane conversions are not rare, but they're not the norm, either. Upcycling decommissioned aircraft is a task only for the strongest of hearts and the deepest of pockets, no matter how low and attractive the price of the fuselage…
read more

Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement…
read more

Tourists and business travellers alike hit the road again last year, boosting demand for hotel rooms by 11 per cent Canada wide…
read more

Aareal Bank has provided financing for the acquisition of a premier collection of ten hotels in London by a controlled affiliate of Starwood Capital Group…
read more

The Libyan Investment Authority, the country’s sovereign wealth fund, has launched a hostile takeover bid for one of SA’s premier hospitality groups, Legacy Hotels, following a bitter boardroom fallout, putting a multibillion-rand property portfolio…
read more

NEW YORK, February 08, 2024--(BUSINESS WIRE)--MCR — the country’s 3rd-largest hotel owner-operator — has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds…
read more

Insurance Costs and Lack of International Travelers Dampen Profitability Expectations - As owners, investors and operators met in Los Angeles for the Americas Lodging Investment Summit, a healthy dose of optimism permeated the conference halls and…
read more