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The growth of hotel chains in Africa signifies economic potential, investor confidence, and tourism growth. A key indicator of this is the hotel chain development pipeline, which tracks new hotel projects. For African countries, a strong pipeline is…
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Could it be The White Lotus effect? While portfolio deals dominated the European hotel investment landscape last year, the appeal of the sector has seen high net worth individuals (HNWIs) and family offices increasingly drawn to the hospitality…
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Hotel Equities and Springboard Hospitality have merged, effective May 1. Terms and conditions were not disclosed. Hotel Equities is known for its performance in branded, select- and full-service assets while Springboard Hospitality is a leader in…
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Egypt says it needs 250,000 more hotel rooms to be constructed if its to hit its tourism goals for the next decade.
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The purpose-built student accommodation (PBSA) sector is one of real estate investments fastest growing sectors, with funds increasingly drawn by its high yielding models and favourable demand dynamics…
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A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
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Revo Hospitality has been born, as a rebrand and repositioning of the HR Group, reflecting its recent growth as a major European hotel manager
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Developers often suggest converting an office to a hotel is fraught with peril and the general consensus has been opportunities are limited. They must not know developer Jon Kully, managing partner of Left Lane Capital in Brooklyn, New York, who is…
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Luxury hotels in China, once prized assets, are struggling to attract buyers as economic growth slows. Their steep price tags and high running costs mean than many stay on the market for a long time and those that do sell, often do so at a heavily…
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Room Mate Hotels, the chain chaired by Kike Sarasola, has just announced at the IHIF fair in Berlin the addition of new assets to its European hotel portfolio while consolidating its recovery by closing 2024 with revenues of 128.5 million euros, 23%…
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Branded residences have traditionally catered to affluent buyers seeking exclusivity and premium services. Though luxury has dominated the market so far, industry experts have long expected the democratization of this asset class. And now it seems…
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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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Despite geopolitical concerns, 90% of investors surveyed by CBRE will maintain or increase hotel capital allocations with Spain the top destination.
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Recently, a revenue manager reacted to my LinkedIn post about independent hoteliers’ overdependence on the OTAs by stating Even with the best intentions, money and talent, there's no way independents can beat the big OTA's in search and make money…
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It’s the biggest furniture company on the planet, with 480 stores, but only one IKEA hotel to its oh-so-recognisable name. Jenni Mortimer heads to Älmhult Sweden to check it out.
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Donald Trump returned to the White House barely two months ago, and to say that it has been a whirlwind of activity would be a major understatement.
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More than 1,000 midscale and above hotels shut down in a year.
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The global hospitality sector has enjoyed huge benefits from international travel, economic interconnections, and cross-border investments, all of which have been significantly shaped by the rise of globalisation. That ease of movement for tourists…
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