How Independent Hotel Owners Leverage Adaptability to Adopt Profitable Transformation, an Overview of the Boutique Hotel Investment Conference
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How Independent Hotel Owners Leverage Adaptability to Adopt Profitable Transformation, an Overview of the Boutique Hotel Investment Conference
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Singapore-based City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—will continue to look for overseas acquisitions even as soaring interest rates are starting to dampen the property group’s earnings…
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Loews buys hotel next to $550M, 900-key it is building in Arlington
Entertainment district taking shape near Cowboys, Rangers stadiums - Loews Hotels topped out its $550 million, 888-key hotel near the home of the Dallas Cowboys and the Texas Rangers this week, and it just bought 311 keys north of the Rangers’…
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IHG signs first voco resort in Middle East and Africa region
IHG Hotels & Resorts has strengthened its footprint in the Middle East and Africa region with the signing of a management agreement with Akam Al Rajhi for voco North Coast in Egypt.
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Record room rates attract hotel investors
Record-high rates and revenue are attracting investor interest in Western Canada’s hotels…
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Four Seasons end ownership standoff to reopen Midtown hotel
Shuttered hotel slated for 2024 revival after three-year feud! For three years, the pandemic and a dispute between the Four Seasons and an owner in Manhattan kept an iconic Midtown hotel shuttered. That could change in 2024…
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Smart City to get new 11-storey hotel, residential block
PA board requests more stepped-down development - Smart City in Kalkara will be moving further away from its original grand plan to become an ICT hub with the approval of an 11-storey block for a hotel and a separate block of residences…
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Abode Hotel and Apartments Canberra sold for $41.5m - CBRE
Canberra’s Abode Hotel and Apartments sold for $41.5 million to boutique funds management company Serene Capital through CBRE’s Michael Simpson, Vasso Zographou and Tristan Cotchett.
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Why markets don't favour much-anticipated demerger of ITC's hotel biz
Chennai, July 30 (IANS) The demerger of the hotels business from ITC Ltd (NS:ITC) has been talked about for a long time…
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Inside Rafael Nadal's dreamy hotel in Mallorca, Spain
ZEL Mallorca offers up beachside relaxation inspired by the Mediterranean lifestyle. Tennis champ Rafael Nadal wants you to relax—the Mediterranean way…
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Foster + Partners designs Equinox hotel for Saudi Arabia's Amaala resort
British studio Foster + Partners has unveiled designs for the Equinox Resort Amaala hotel, which will feature a circular "floating" canopy and be located on the west coast of Saudi Arabia.
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ISHRAQ HOSPITALITY EXPANDS ITS PORTFOLIO WITH NEW RESORT AND HOTEL APARTMENTS IN BATUMI, GEORGIA
Ishraq Hospitality, the asset management and hospitality division of Mohamed & Obaid AlMulla Group, today announces the signing of a Hospitality Management Agreement (HMA) with Rekan Group, marking a significant milestone in their strategic…
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Growing Importance of Wellness in the Hospitality Real Estate Sector
Latest Trends in Wellness Real Estate Sector - Only a few years ago, wellness real estate sector was only an emerging industry, not well understood by the stakeholders, from consumers to developers and investors…
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AccorInvest and m3connect: taking hospitality to the cloud
Through its partnership with m3connect, AccorInvest has used the cloud to enhance the sustainability, efficiency and resilience of its hotel portfolio
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Accor announced the creation of Accor One Living – an industry-first platform dedicated to the integration of innovative hospitality solutions into mixed-used developments.
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European Hotel Leaders Expect More Distressed Sales
What's ahead for hotel investment in Europe? A survey of more than 100 hotel leaders points to both risks and a window for opportunistic acquisitions.
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BIGGER IS ONLY BETTER WITH TRAINING WHEELS ON
In a perfect world, increasing size and scale should lead to operating efficiencies, improved profit margins, a strong growth trajectory (both per unit and in the number of units), career opportunities for employees, and competitive prices and…
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The branding decision process from the owner’s perspective
The thought process involved in the branding decision process will undoubtedly impact the long-term success of the asset…
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