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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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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What’s top of mind for Australian finance execs?
At a HICAP ANZ panel in Sydney, hotel executives discuss financing, insolvency issues and tax changes happening right now in the Australian hospitality market.
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Billionaire Ellison Buys Posh Hotel in Palm Beach Enclave
Larry Ellison is purchasing a luxury hotel in the same Palm Beach area enclave where he dropped $173 million on a residential compound two years ago.
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Mohari outbids LVMH’s Bernard Arnault by €309 million in battle over Venice’s iconic Hotel Bauer
Mohari Hospitality Ltd is in exclusive talks to purchase Venice’s five-star Hotel Bauer, according to people familiar with the matter, beating other bidders including billionaire Bernard Arnault.
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Asia Pacific hotel deals grew in tandem with resurgence of tourism: JLL
Hotel transactions grew in tandem with the uptick in tourism across Asia Pacific in the first half of the year, revealed latest data and analysis by JLL. Hotel deals jumped 19% YOY to touch $5.7 billion, led by major deals in Japan…
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Radisson’s Tim Cordon on regional strategy, opportunities and innovation
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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Radisson Hotel Group boosts Türkiye presence
Radisson Hotel Group adds seven hotels, including six signings and one opening, in the Turkish market in the first half of the year. These development milestones bring the Group closer to reaching 100 hotels by 2030…
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Bob W, OCIM launch fund to convert old offices into serviced apartments
Bob W, the Finnish tech-powered hospitality company, has joined hands with Osborne+Co Investment Management (OCIM) and launched a £120 million ($155.55 million) equity raise to purchase and repurpose hotel and office buildings into short-term…
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Will overseas buyers come for Eccles Hotel with €5m price tag?
MIGHT an overseas buyer come to the fore for one of Ireland's oldest hotels, the Victorian timepiece Eccles Hotel in West Cork holiday beauty spot Glengarriff?
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What Germany’s struggling economy means for hotel investors
Germany is losing its attractiveness for investors with a number of studies by companies such as EY and KPMG showing that the country is no longer the darling it once was.
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UK Hotel investment totals £3bn in H1 as portfolio transactions drive activity
The return of portfolio transactions has bolstered UK hotel investment during the first six months of 2024 with investment totalling £3 billion, up from £990 million over the same period in 2023 and far beyond last year’s full year total (£2…
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Investment Opportunities in the Lifestyle Hotel Market
Multi-story complexes of similar-looking rooms with cozy lighting, finely-pressed sheets, and a corporate, sterile feel. These kinds of hotels abound, found on every street corner in the U.S…
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Travelodge opens collection of new hotels in Spain as hotel chain continues its expansion
Travelodge, the UK’s first budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, continues its Spanish expansion and has today announced the opening of five new Travelodge hotels; Alicante Puerto, Barcelona del Valles…
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European Hospitality Industry Faces Looming 'Chain-Ification'
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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Edinburgh Airport launches “world’s first shortbread vending machine”
Firstly, it’s Sunday – it’s a slow news days. And secondly, who doesn’t love shortbread, right? Scottish brand Walker’s Shortbread has partnered with World Duty Free at Edinburgh Airport to launch what it is calling the “world’s first shortbread…
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How to Determine a Hotel’s Feasibility and Land Value in 60 Seconds
Several times a month, I get a call that usually goes like this: “Hi Steve, Hope you are doing well. I have a “golden” opportunity to purchase this amazing hotel site in an incredible hotel market. It's being offered for $10 Million- should I buy…
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Accor Nears Deal to Buy Luxury Hotel Brand Habitas
Accor SA is in advanced talks to acquire luxury hotel brand Habitas, which traces its roots to camps at the Burning Man festival in the Nevada desert, according to people with knowledge of the matter.
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Lucrum Capital looks to sell Killiney hotel site for S$195 million
PRIVATE equity firm Lucrum Capital has put a freehold boutique hotel under construction at Killiney Road up for sale at S$195 million.
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