How the Canaries and Balearics are driving Spanish hotel investment
Golden beaches and year-round sun - the Canary Islands and the Balearic Islands are not just Spain’s most sought-after destinations, they are also emerging as strategic tourism hubs, commanding nearly a third of Spain’s international tourist traffic…
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International hospitality groups expand their presence in Greece
Greece’s leading role on the global tourism map, combined with the relatively small penetration of major foreign hotel brands compared to other developed destinations, continues to attract large foreign hotel management chains…
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Marriott CEO on instability, the biggest hurdle for developers
At an event for Marriott’s millionth open room in the U.S., Anthony Capuano talked exclusively to Hotel Investment Today about NUG, tailwinds and the power of conversions.
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Hotel development booms in Africa, boosted by Egypt and Marriott
This year’s Hotel Development Pipeline Report, the definitive study of international hospitality development projects in Africa, reveals record activity. There are 577 hotels and resorts, with 104,444 rooms, in the development pipeline, up by 13.3%…
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Behind the Deal: Pandox bets on Germany with Pullman Cologne
Earlier this month, Pandox acquired the Pullman Cologne Hotel for €66 million, reaffirming its commitment to Germany’s hotel market despite lingering post-pandemic challenges. The deal - which will see AccorInvest remain as the tenant of the Pullman…
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It’s official: Starwood Hotels is back
Starwood Capital Group put out a press release on Wednesday with quotes from Chairman Barry Sternlicht announcing the official relaunch of Starwood Hotels, rebranding from SH Hotels & Resorts with more than 40 properties open or in development…
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US investors in Europe: short or long stay?
With the news that the world’s largest real estate investor, Blackstone, is exploring options to divest Spain-based Hotel Investment Partners (HIP), market watchers might be wondering if the US private equity love affair with European hospitality is…
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Yotelpad Goes Global With First Hotel In Europe And Sets Sights On Asia
One of the three Yotel brands, YOTELPAD is now setting its sights on a worldwide, extended stay platform in an effort, according to Yotel executives, to “democratize the extended stay market” and offer something unique in a sea of other brands…
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More details have emerged about possible non-gaming facilities by third-party private investors that might go near the under-development MGM Osaka, Japan’s first and so far only integrated resort (IR) with casino…
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Grupo Vidanta, the leader in luxury hospitality and world-class entertainment in Mexico, proudly announces the official launch of VidantaWorld, a brand-new universe of luxury vacation experiences that aims to revolutionize the global travel and…
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Growing synergies between hotels and casinos
Major hotel brands are establishing loyalty and distribution partnerships with casino operators. Jon Lucas, chief operating officer, Hard Rock International, explained: “Database in our world is king. It's so critical to our success and these…
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Hilton signs two Spark hotels in Austria
Hilton's Spark brand is one of the fastest growing new brands in the market, and is now growing across Europe with new signings in Germany and Austria
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