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Surrenne, a luxury private members club gym and spa launches in London in April, with membership costing £10,000 a year. Spanning almost 2,000sq m across four floors, Surrenne is part of Maybourne Hotel Group’s new all-suite hotel, The Emory…
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Scotland saw hotel transaction volumes (sales of £1 million+) reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills…
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In New York, small and budget hotels — competitors to short-term rentals — raised prices. What business owner hasn’t had this dream: Government steps in and constrains the competitor that has been beating your brains out for years…
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Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates…
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In Israel's biblical city of Nazareth, the basilica is empty, restaurants and shops that usually thrive on Christian pilgrims are closed, and many hotels have been shut for months…
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Tourists and business travellers alike hit the road again last year, boosting demand for hotel rooms by 11 per cent Canada wide…
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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…
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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…
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Hotel occupancy in 2023 went up by 43.1 percentage points year-on-year to 81.5% amid economic recovery following border reopening in January 2023…
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A survey has revealed that European hoteliers see financial incentives, such as imposing fees and access to capital, as crucial factors in green transformation…
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The Israel-Hamas war is affecting travel across the Middle East and beyond…
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More than 1,800 new hotel rooms completed construction last year, bringing total stock to an estimated 66,200 as of December. According to Fáilte Ireland research, 12% of all registered tourism bed stock is under contract to the state…
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The value of hotel transactions in Ireland fell 30% last year to €350m as the hike in global interest rates hit hard, and the supply of new rooms will likely be limited for some time, with a share of Dublin hotel accommodation remaining contracted…
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The U.S. hotel industry is gearing up for a robust year ahead, with a notable surge in construction projects and renovation activities. Fresh insights from Lodging Econometrics (LE) highlight the burgeoning growth trajectory of the sector…
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Regal Hotels Group, Cosmopolitan International Group, and the Ministry of Investment of Saudi Arabia (MISA) have signed a Memorandum of Understanding (MoU) to jointly explore a strategic partnership in hotel development and management…
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Centibillionaire Bill Gates is back in the headlines with his recent acquisition of Downtown Nashville’s Dream Hotel building…
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A recent report by the World Bank, regarding the Israeli Occupation’s aggression against the Gaza Strip, revealed that the potential economic impacts on the Jordanian economy will be significant as the war widens, directly affecting the tourism…
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Four Seasons together with Fungseng Prosperity Holdings Limited have announced plans for a new hotel in Shanghai, marking a new chapter of growth for the luxury hospitality company in one of China's most important cities…
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