Reuben Brothers plan $2B Puerto Rico project with Aman, Mandarin Oriental and Rosewood hotels
The Reuben Brothers are planning a massive $2 billion oceanfront luxury resort in Puerto Rico.
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Reuben Brothers plan $2B Puerto Rico project with Aman, Mandarin Oriental and Rosewood hotels
The Reuben Brothers are planning a massive $2 billion oceanfront luxury resort in Puerto Rico.
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6 characteristics of a successful adaptive reuse conversion
While there is no magic formula or linear one-size-fits-all approach to the adaptive reuse of commercial buildings for housing, the Ankrom Moisan team has come up with a unique framework: “The Rule of Six.”…
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Arabia Hotels initiates Fairmont Hotel construction at Sun Capital
Arabia Hotels, an affiliate of Arabia Holding, has declared the start of the Fairmont Hotel’s construction within the expansive Sun Capital development situated in Cairo’s western region.
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Motel One founder takes back control in deal valuing chain at $4.5 bln
Germany's Motel One has been placed back in the hands of its founder in a deal valuing the company at 4.1 billion euros ($4.46 billion) and paving the way for plans to take the hotel chain public, it said on Tuesday…
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India’s Hospitality Industry Booms
Global chains expand, spiritual tourism surges, analysts bullish on growth India’s hospitality industry currently valued at around $24 billion is experiencing robust growth and is projected to reach around $31 billion over the next five years…
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LE to present hotel development pipeline data at Hotec Ops
Bruce Ford, SVP and director of global business development at Lodging Econometrics, will present a U.S. hotel development pipeline overview with forecasts at the Hotec Operations 2024 event.
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Court challenge brought against hotel development planned near historic Dublin building
A High Court challenge has been brought against An Bord Pleanála's decision to grant permission for a hotel and office development close to the historic Royal Hospital Kilmainham building.
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Serbia’s government has taken to subsidising the construction of new hotels
Three companies frequently favoured by the state have received most of the money allocated by the government as subsidies for the construction of new hotels to meet growing tourism demand.
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Trump’s son-in-law plans major investment in Sazan, Albanian gov’t confirms
U.S.-based company Affinity Partners, led by Jared Kushner, the influential son-in-law of former President Donald Trump, aims to undertake two major tourism projects in Albania, along with another in Belgrade, with a combined value that could exceed…
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Five-Star Venice Hotel Is a Glimmer of Hope for Signa Prime Creditors
A five-star hotel in Venice might just be one of the best chances for creditors of its insolvent owner, Signa Prime Selection AG, to recoup some of their losses.
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Revitalization of hospitality industry sparks investor interest
The 4-star Tmark Grand Hotel in Myeongdong, Seoul, originally served as an office building for an electric wire company. The building was then renovated into a hotel in 2016 to accommodate the rising number of Chinese tourists in Korea…
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Is Hotel Investment a Smart Move?
Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector.
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Plano-Based Aimbridge Hospitality Names New CEO
Aimbridge Hospitality announced yesterday that Craig S. Smith will assume the role of chief executive officer at the global hospitality management company starting March 18, 2024. Craig S. Smith previously worked for Marriott International…
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Raffles Trojena To Open in Saudi Arabia’s NEOM
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…
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Singapore firm makes first hotel purchase with £100m London site
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…
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IHG PROJECTS $1 BILLION SHAREHOLDER RETURN FOLLOWING STRONG 2023
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…
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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…
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Here's How Much a $1000 Investment in Marriott International Made 10 Years Ago Would Be Worth Today
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…
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