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In 1914, two years after the Titanic embarked on its ill-fated maiden voyage, the steam-powered SS Medina rolled off the shipyard at Newport News, Virginia.
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During the pandemic and its aftermath, there were very few lenders willing to finance hotels. Today things couldn’t be more different. An abundance of different types of finance includes traditional bank loans, debt funds, institutional investors…
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Hanwha Hotels & Resorts acquired a five-star resort with 390 billion won ($282 million) in debt for 30 billion won, with an eye on turning it into one of its own premium hotel locations, the company said Thursday…
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Typically, major hotel owners had set aside four per cent of gross annual revenue for capital improvements (capex) and four to five per cent in reserves for repair, maintenance, and replacement of furniture, fixtures, and Equipment (FF&E), depending…
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It’s easy to enjoy a luxury hotel. Building them is hard. According to the HVS U.S…
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Tata Sons, the holding company of the Tata group, where Indian Hotels is the group's key tourism business, is to launch a new hotel investment platform
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Steep rises in operational costs and an uneven recovery after Covid have put leases under the spotlight. Do hotel leases still deliver the right balance of risk and reward for both owners and operators…
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The hospitality sector is experiencing a great makeover with the integration of artificial intelligence (AI). Equipped with AI-driven design software and conversational assistants, hoteliers and media professionals are embracing the use of AI…
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Two of Hong Kong’s 5-star hotels — The Peninsula and The Royal Garden — have launched own-label sparkling tea brands, developing existing tins to reach new consumers.
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The evolution of leisure real estate is well underway, driven by shifts in consumer demand and an increasing desire for flexible spaces that combine multiple asset classes. As the middle class expands globally and remote working culture becomes…
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If you don’t have your own Bengal tiger or roller coaster, are you even in the game?
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We’re halfway through 2025, it’s time to call it like it is and hospitality has seen a lot; some great ideas, a lot of noise, and more than a few flops.
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Non-hotel brands are increasingly leveraging the power of their names in the branded residences market and US retail giants Saks Global and Authentic Brands Group have become the latest to announce their intentions to diversify into hospitality and…
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The hospitality industry is undergoing a “continuing morphing into other asset classes”, which might even see its major investment firms “follow peers into a living type strategy”, according to Mit Shah, CEO, Noble Investment Group…
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The terms sharia hotels and halal-certified hotel restaurants have turned out to be a misunderstanding for some lay people. Hotels with restaurants that have BPJPH halal certificates are often equated with sharia hotels certified by DSN MUI…
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At one point in his life, Ritesh Agarwal had 30 rupees in the bank. Today, as the founder and CEO of OYO Rooms, he is one of the youngest billionaires on the planet.
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Hotel investment volumes in Asia Pacific surged to reach 90 per cent of 2019 levels last year, beating EMEA (75 per cent) and the Americas (60 per cent) in terms of investor recovery…
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Let’s not kid ourselves, brands need owners. This realisation has come to the market as ownership of hotels by the big flags has faded away as they have gone asset light, whilst the number of available brands has soared…
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