London hotel prices increase at ‘more normal’ level
The increase in London hotel prices is showing signs of “normalising” after rising rapidly as travel resumed post-pandemic…
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London hotel prices increase at ‘more normal’ level
The increase in London hotel prices is showing signs of “normalising” after rising rapidly as travel resumed post-pandemic…
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Strengthening hotel market opens opportunities for converting office buildings to hotels - JLL
JLL Hotels & Hospitality, in collaboration with its Capital Markets and Work Dynamics teams, explores the case for office conversion to hotels and the factors to consider when reviewing a building conversion…
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Midland Hotel owner loses almost £60m despite sales nearly doubling
The renowned hotel was recently in the spotlight when it hosted senior Conservative politicians during the party's recent annual conference which was staged at nearby Manchester Central…
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Namibia's Capital to Spotlight African Hotel Investments in 2024
Namibia's capital, Windhoek, is gearing up to host the renowned Africa Hotel Investment Forum (AHIF) from 25 - 27 June 2024…
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Singapore hotel average rates to rise by 7.5% in 2024
As a regional hub for business and tourism, demand growth for SG hotels will continue to increase…
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Teheran - First boutique hotel in Sistan-Baluchestan to make debut
A traditional hotel, which is the first of its kind in the province, will be inaugurated in the historical village of Qale-Now, the provincial tourism chief said on Sunday…
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International Hotel Investments (MTSE:IHI) Is Finding It Tricky To Allocate Its Capital
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in trouble…
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Hungary Welcomed 6.2 Million Tourists in the 3 Summer Months of 2023, Exceeding Pre-pandemic Levels
Over 6.2 million visitors were registered in Hungary from the beginning of June to the end of August, marking an increase of six per cent compared to the summer of 2019, the Head of the Hungarian Tourism Agency, Zoltán Guller, has revealed…
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Many opportunistic investors focused on hotels and higher-yielding residential opportunities such as long-stay hotels, serviced apartments and student housing, Couse said. "People are diversifying their portfolio."…
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Area largely destroyed in Maui wildfire to start welcoming tourists back
The area around the Maui town largely destroyed by wildfire two months ago was scheduled to welcome back tourists on Sunday as Hawaii’s governor pushed ahead to kick-start the economy despite opposition from some local residents…
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Inside Hilton’s accelerating mission to become the destination of choice in Asia
The hospitality giant ubiquitous in the US has been expanding rapidly across Asia…
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Whitbread planning hotel development next to London’s Fenchurch Street station
Whitbread has announced plans for its latest City of London hotel, following the acquisition of an office building next to Fenchurch Street station…
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Seven Strategies to Prepare for Your Hotel for a Major Event
Written by: Tracy Dong, Principal Industry Consultant, IDeaS - Major events have returned to Asia…
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Vancouver’s hotel shortage piques investor interest
Driven by a remarkably strong and sustained rebound in tourism and overnight visitors, Canada’s hotel industry smashed records for average room rates in May, June and again in July, according to CoStar, a global provider of real estate data…
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Icelandic Investors Eyeing Luxury, Health and Wellness Tourism
The performance of the island’s vibrant tourism sector continues to attract the attention of global investors as a team from Iceland will be visiting Jamaica in January 2024…
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Hotel rates likely to continue upward trajectory in 2024 despite softening of leisure travel demand
Hotel rates likely will continue to rise in most locations globally during 2024 despite an expected softening of leisure travel demand, according to new forecasts from the consulting team at American Express Global Business Travel (Amex GBT), the…
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Hotel Prices in Paris Are Already Up More Than 300% Ahead of 2024 Olympic Games
Average prices for the week starting July 22 are coming in at $629 per night for a 4-star hotel, according to a Google search…
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These Are the Cities Where Hotel Prices Are Rising Fastest
Several cities are expected to see hotel prices climb by more than 15% in the next year—even as leisure travel demand starts to soften…
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