London’s 7-star gold rush: Doors open on hotel boom worth billions
Starting gun fired this week when the £1.1 billion Peninsula London near Hyde Park Corner is officially launched…
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Crawford Hoying is excited to announce the acquisition of Homewood Suites by Hilton Columbus OSU in partnership with award-winning, international hotel owner, operator and developer, Shaner Hotel Group…
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How The Travel Industry Continues To Survive Disasters Like 9/11
Twenty-two years ago, 19 terrorists commandeered four U.S. airliners. They crashed them into the Twin Towers of the World Trade Center, the Pentagon, and an empty field in Pennsylvania. Almost 3,000 Americans were killed…
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Hotels in the United States saw general pressure on profit margins in the first half of 2023, with Gross Operating Profit (GOP) margin falling by 1 percentage point compared to the same period in 2022…
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OPINION - London Capital is still a magnet for the world’s ultra-elite
It’s a tale of two cities — whatever hardships Londoners might be enduring, their home remains a magnet for the world’s ultra-elite…
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Luxury Hotel Firm Aman Gets $360 Million From UAE Investors
Aman Group, which operates some of the world’s most expensive hotels, secured a $360 million investment from a group including a United Arab Emirates wealth fund and an investment firm backed by an influential member of that nation’s royal family…
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Innovative Corporate Structures Drive Successful Hospitality, Hotel Valuation Remains Strong
The challenges facing hotel owners with maturing debt as well as hotel investors and developers are significant. However, they are increasingly getting creative and finding alternative financing solutions…
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Tourism gets President’s support
It matters when the tourism sector faces enormous challenges. In the early years when tourism became an industry, many called it the hen laying the golden eggs…
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Reinforcing tailwinds: Cashing in on PHL hotel sector’s recovery
Colliers Insights - REVENGE spending, dining, and travel continue to lift the country’s tourism sector…
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Hotel Operator Beat H1 2023 - Czech Republic
Prague in the centre of hotel operators' interest, its performance above pre-pandemic levels
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Hilton moves ahead with luxury brand push in Asia-Pacific
SINGAPORE - U.S. hotel giant Hilton is planning to expand its luxury offerings in Asia by bringing its top-end Waldorf Astoria brand to Malaysia, Vietnam, India and other countries for the first time.
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Travelodge hotels sold out for Taylor Swift’s 2024 UK Eras tour
Hotel chain says rooms in Edinburgh, Liverpool and Cardiff already fully booked ahead of pop star’s summer performances.
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Another Dallas Office Highrise Converting Space to Apartment/Hotel Units
The Santander Tower recently made a splash when it converted 11 stories of its 50 floors into apartment units. The Bryan Tower and Comerica Bank Tower downtown are undergoing similar renovations…
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Concerned hospitality officials urge visitors to come to Maui
With massive cancellations and occupancy plummeting, hospitality leaders in Hawaii are putting the word out that hotels and resorts untouched by the West Maui wildfires remain open and eager to welcome guests…
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HOTELS IN THE U.K ARE REBOUNDING TO PRE-PANDEMIC LEVELS
U.K. hotels are amid a post-pandemic recovery, a Knight Frank study reveals…
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Minor Hotels reports 120% Q2 profit growth as global travel demand surges
Global RevPar in Q2 grows 21% y-y, led by Thailand with 62% RevPar growth for owned hotels and 85% y-y growth across all Thailand properties.
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LOWER-THAN-EXPECTED summer demand will affect U.S. hotel performance, resulting in a second quarter RevPAR shortfall, according to CBRE…
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In Cushman & Wakefield’s latest Hotel Operator Beat survey, Budapest was placed as the most attractive market in CEE, reaching 4.3 points on a 1–5 scale where 5 means very high interest…
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