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The Brand Is Not the Asset Strategy
Hospitality Operations & Hotel Opening / Greenfield Development: IHG Hotels & Resorts now operates 21 hotel brands…
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Directors Quit Hotel Unit at Center of Singapore Billionaire Kwek Feud
Three directors have abruptly resigned from a hotel subsidiary controlled by one of Singapore’s wealthiest families, the latest twist in a corporate shakeup triggered by an internal feud.
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Asset-light only works if someone else owns the asset. And that’s the concern.
Sometimes, it’s the most obvious thing that is overlooked. For all the talk in the hotel industry around asset-light this and asset-light that, there is the other side: somebody has to hold the asset to make it all work. And it took an asset-light…
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Branding, online travel agencies choke hotel profits
For decades, investors believed that strong branding, a strategic location and high occupancy were enough to ensure success in the hospitality business
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Driftwood recapitalizes 18 hotels
Following the $800 million recapitalization for their Space Coast portfolio, this transaction allows for some added leverage and liquidity for investors.
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CEO of The Standard Hotels to step down following Hyatt acquisition
Amber Asher will leave the lifestyle hotel brand, which was sold to Hyatt for £272 million last year, after seven years in the role.
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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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My Place Hotels CEO talks evolution of extended stay, breaking the mold
With a long family history in hospitality, Ryan Rivett shares his outlook on the “desirable” extended stay segment and his strategy for My Place as it celebrates 10 years of franchising.
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Why franchising can be a ‘win-win’ for the industry
A successful franchising strategy should ensure “there is a brand for every owner and a brand for every guest”, according to Amit Sripathi, EVP & chief development officer, Wyndham Hotels & Resorts. “Gen Z and Millennials are very different from…
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Six Senses to Launch Hotel and Residences in Austria
The luxury retreat will be open year-round within the alpine region of Kitzbühel - Nestled in a national park with the largest protected wildlife reserve of the Alps, Six Senses Kitzbühel Alps will feature a 77-room hotel at its core, along with…
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Marugal Hotel Management is appointed to manage the iconic Grand Hôtel Soleil d’Or in Mégève
Marugal, one of Europe’s leading white-label hotel management companies, has added the Grand Hôtel Soleil d’Or in Mégève to its portfolio of fourteen individual luxury hotels…
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HEI Assumes Management of The Renaissance Times Square
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels, with a portfolio of more than 100 properties across the United States, recently announced that it has assumed management of the 317-room…
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Minor Hotels to debut in Paris with three NH Hotels
Thailand based hotel group Minor Hotels announced its upcoming debut in the French capital with a trio of four-star Paris hotels…
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Haikko Manor to Join the Lapland Hotels Chain
Haikko Manor, a renowned spa hotel in Porvoo, is set to join the Lapland Hotels chain, marking an exciting development in the Finnish hospitality industry…
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IHG Hotels & Resorts debuts Kimpton brand in Portugal with a signing in the Algarve
IHG Hotels & Resorts, one of the world’s leading hospitality companies, premiers its Kimpton Hotels & Restaurants brand in Portugal, with the signing of Kimpton Algarve São Rafael Atlántico…
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Marriott International stakes a claim in NEOM
Marriott International has announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia…
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Sarova Hotels & Resorts, has expanded its footing in Kemya with a franchise acquisition of Nanyuki based Maiyan Luxury Resort in a deal whose financial details have not been disclosed…
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