For decades, a hotel’s value was explained mainly by three factors: location, category, and operating results. Although these elements remain fundamental, the reality of today’s hotel market is far more complex…
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For decades, a hotel’s value was explained mainly by three factors: location, category, and operating results. Although these elements remain fundamental, the reality of today’s hotel market is far more complex…
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Hotel owners say Marriott’s reward program is ripping them off
A group of hotel owners are sick of footing the bill for Marriott customers who cash in their credit card points for discounted stays.
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Patience or pretending? Financial stress tests hotel owners’ ability to hold
Kenny Rogers never sang about debt yields or PIPs, yet he still managed to offer some of the best investment advice in the industry: «You've got to know when to hold 'em, Know when to fold 'em, Know when to walk away, And know when to run»…
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Investors watch the Waldorf, waiting for market signal
Five months reopened. Eight years of redevelopment. Over $4 billion invested. More than 1,000 hotel rooms gone. And the world-famous Waldorf Astoria New York is back on the market.
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Transacting brands: Oyo CEO on the thinking behind the G6 Hospitality acquisition
Earlier this year at NYU IHIF we heard from a number of leaders in the hospitality industry on high-profile deals done in the market. The candid conversations covered valuation metrics, strategic alignment as well as the motivations of buyers and…
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Four common misconceptions about auctions
As the industry matures, auctions are proving to be a reliable, transparent and effective way to sell more hotels.
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OYO pioneers use of Google’s Veo 3 technology in Indian hospitality, launches pilot in Europe
OYO has become the first hospitality company in India to adopt Google’s latest generative AI video innovation, Veo 3, marking a significant leap in creative storytelling and personalised marketing.
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The hospitality gene: 15 wealthy families behind Asia’s hotel empires
From heirs of political dynasties to business magnates expanding into hospitality and hotel empires, these are the names to know the next time you find yourself on a private beach, cocktail in hand, wondering, ‘Who owns this place?’…
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Security being stepped up to prevent squatting in Mallorca's hotels
Some establishments are easier targets than others
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Simon Sio grew up in humble surroundings in the heart of Macao, living in an old building directly across from what was then the city’s grandest accommodation, Hotel Central…
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Liverpool Street hotel-led development brought to market for over £75m
Designed by Kohn Pedersen Fox architects, the fully consented mixed-use hotel and office tower encompasses a total of 340,085 sq ft (GIA), arranged over four basements, ground, and 45 upper floors.
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Gencom enters NYC with Thompson Central Park Hotel acquisition
With the reported $300 million buy, the firm strengthens its relationship with Hyatt and positions itself in “one of the world’s top hospitality markets.”
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Owners’ how-to guide for successful transient-to-extended stay hotel conversions
Owners and developers are already well aware of the benefits of transforming a transient asset into an extended stay hotel. In this exclusive interview, Extended Stay America shares next-level tips for managing the conversion more effectively…
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Hotel management agreements in Asia Pac see increase in duration, finds JLL
Hotel management agreements (HMAs) in the Asia Pacific region have been seeing an increase in duration, with the initial term of HMAs increasing by four years on average since 2005 to touch 17.4 years this year, a recent JLL survey has…
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An entrepreneur has bought an eerie 250-year-old prison with terrifying tunnels and a dungeon called 'The Hole' plans to transform it into a luxury hotel…
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Collective Hospitality successfully acquires majority of Selina Hospitality PLC
This acquisition represents a significant milestone in Collective’s strategic expansion of its lifestyle and experiential travel businesses.
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Hotel Loyalty Is Dying As Brands Choose Owners Over Guests
This is going to sound harsh, but I find big hotel chains to be among the more duplicitous businesses in travel. Ouch, I said it, give me bed bugs and an overcooked egg!
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“Strive not to be a success, but rather to be of value!”
…Is the life mantra of Harshavardhan Neotia, Chairman, Ambuja Neotia Group, and the man who changed the face of hospitality in Eastern India.
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