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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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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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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How the hotel industry can speed up tech adoption
My technology journey has been just as much about what I don’t know as opposed to what I know. As the saying goes, there are things that we know that we know, things that we know that we don’t know, and things that we don’t know that we don’t…
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How the Right Asset Management Firm Helps Optimize Hotel Investments
When implemented effectively, partnering with the right asset management firm can help maximize investor returns and real estate property values. Asset management is particularly important in this post-pandemic environment where macroeconomic…
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World’s Most Luxurious Hotel Brand Debuts a More Affordable Spinoff
Aman Resorts’ first Janu hotel in Tokyo’s luxe Azabudai Hills costs half as much as its upmarket sibling. Here’s an exclusive first look inside.
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Get Inside the Mind of a Hotel Owner
Understanding the challenges facing your host hotel’s owners can provide a useful perspective on their group-business decisions…
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IHG PROJECTS $1 BILLION SHAREHOLDER RETURN FOLLOWING STRONG 2023
It aims to grow luxury without neglecting mid-scale business - IHG HOTELS & RESORTS reported a 23 percent increase in profit from reportable segments in 2023, surpassing the $1 billion milestone for the first time…
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In hotel franchise fight, both sides warn of impact on World Cup readiness
Debate about how prepared New Jersey is for the 2026 World Cup final has focused on the beleaguered NJ Transit and MetLife Stadium in East Rutherford, where the match will take place…
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Hilton Reports Fourth Quarter and Full Year Results
Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its fourth quarter and full year 2023 results.
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Aareal Bank Backs Starwood Capital with Financing for Premier London Hotel Portfolio
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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