Apex Hotels plans to expand countryside presence following £60m cash injection
The family-owned Apex Hotels group has revealed plans to expand its presence across rural UK locations, supported by a £60 million refinancing package…
read more
Apex Hotels plans to expand countryside presence following £60m cash injection
The family-owned Apex Hotels group has revealed plans to expand its presence across rural UK locations, supported by a £60 million refinancing package…
read more
Marriott CFO: A soft landing for the economy 'now seems more likely'
From one hotel giant's perch, a hard economic landing at the hands of the inflation-fighting Fed seems off the table once and for all…
read more
Melia Hotels quarterly profit soars as revenue tops pre-pandemic levels
MADRID, July 31 (Reuters) - Spanish chain Melia Hotels International (MEL.MC) on Monday posted a second-quarter consolidated net profit of 46.2 million euros ($50.9 million), up sharply from just 3.7 million euros a year ago, as the global appetite…
read more
Marriott lifts annual profit forecast on China rebound
Aug 1 (Reuters) - Marriott International (MAR.O) raised its full-year profit forecast on Tuesday, as the U.S. hotel operator bets on higher room rates and rebounding demand in China to boost earnings.
read more
Choice Hotels Releases First U.S. Traveler Sentiment Survey
ROCKVILLE, Maryland—Choice Hotels International, Inc., released its first Choice Privileges State of the American Traveler Survey, a poll of more than 2,000 U.S. adults that sheds light on travel plans and priorities this summer and beyond…
read more
Mandarin Oriental reverses into profit of US$28 mil, driven by recovery of key owned hotels in Asia
Mandarin Oriental M04 -1.79% has recorded an underlying profit of US$28 million ($37.29 million), a reversal from its underlying loss of US$21 million in the same period last year, and more than double in 2019…
read more
Marriott International has signed an agreement with Valdarke to open an Autograph Collection resort on the isle of Cres in Croatia. The hotel will be the international brand's first on the island. It's due to open 2nd Quarter 2024…
read more
Mandarin Oriental Is About to Open Its First Hotel in Greece—Here’s a Look Inside
The beachfront resort sits within a luxury development in the Peloponnese region. Last February, Mandarin Oriental announced plans to open its first hotel in Greece. Now, the flashy new establishment is accepting reservations…
read more
Boutique hotels topple bigger rivals as travellers seek more than a bed
Boutique hotels are applying the blowtorch to the traditional big-name brands as travellers seek out more experienced-based holidays in smaller, more intimate properties.
read more
World’s most expensive hotel room costs $75K, critics say it’s ‘gaudy’
The most expensive hotel room in the world will set you back a cool $150,000 for the two-night minimum stay, but after a tour by real estate agent and YouTuber Enes Yilmazer, online critics are declaring it’s not worth it…
read more
This Historic Hotel in Rome Just Got a Modern Italian Makeover. Here’s a Look Inside.
Built in 1905 to host diplomats, the renovation of the historic building gave it a luxe upgrade. Summer in Europe always comes with plenty of new luxury hotel openings. But for years, Rome was mostly left out of the boom. Until now…
read more
Choice Hotels CEO Patrick Pacious Named 'Best CEO' for Fourth Consecutive Year by Comparably
For the fourth year in a row, Choice Hotels International, Inc. President and CEO Patrick Pacious has been named one of the highest-rated CEOs, according to Comparably's 2022 Best CEO rankings…
read more
Where Choice Hotels’ Radisson Acquisition Could Supercharge Growth
Choice Hotels on Thursday offered the first in-depth details of plans for its $675 million acquisition of Radisson Hotel Group Americas. The endgame? Boost those franchise royalties.
read more
CHOICE EXPANDS UPSCALE PRESENCE WITH RADISSON AMERICAS DEAL
Giving it a greater presence in the upscale and core upper-midscale segments, particularly in the West Coast and Midwest of the United States, Choice Hotels International has acquired the Radisson Hotel Group Americas franchise business, operations…
read more
Circus Circus joins Choice portfolio
Choice Hotels International Inc. has entered into a strategic agreement with Circus Circus Hotel & Casino for the Las Vegas property to join the Ascend Hotel Collection…
read more
Choice Hotels to refresh brands in EMEA region
Choice Hotels has announced plans to refresh its brands in the Europe, Middle East and Africa (EMEA) region, following “analysis of research into post pandemic travel requirements in key markets”.
read more
CHOICE REBRANDS EXTENDED-STAY TO SUBURBAN STUDIOS
Further capitalizing on the secret sauce discovered when it acquired WoodSpring Suites, Choice Hotels International has announced it is modernizing and rebranding its Suburban Extended Stay franchise brand as a low-cost, flexible conversion model…
read more
Choice Hotels CEO Lays Out the Plan to Buy More Upscale Hotels
Choice Hotels could add two upscale brands that cater to different customers if the right opportunity comes along. There is at least one viable takeover candidate.
read more