Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel
Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the matter…
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The newest Trump Tower will be a hotel in Saudi Arabia — with more projects on the way
The $530 million hotel is just the first of three projects in the Middle Eastern country. The Trump Organization is bringing a new Trump Tower into the world. But not in the U.S. — this one will be in Saudi Arabia…
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The Middle East's Hospitality Industry: Navigating a High-Stakes Geopolitical Landscape
The Middle East's hospitality industry grapples with the dual challenge of harnessing short-term gains and the uncertainty of sustained conflict…
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Hotels remain bright spot as Germany craves stability
The collapse of Germany’s government the day after Donald Trump was elected US president was an unexpected footnote to a week of political upheaval.
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How renovations can position hotels to capture more event revenue
Demand for in-person events is on the rise. Hotel owners can seize upon the opportunity with thoughtful revamps that appeal to guests and event planners alike.
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