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Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement…
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The entrepreneur built one of the nation’s largest budget hotel chains by locating a niche between Motel 6 and Holiday Inn. He didn’t have any architectural plans—just sketches on a few pieces of paper…
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In Israel's biblical city of Nazareth, the basilica is empty, restaurants and shops that usually thrive on Christian pilgrims are closed, and many hotels have been shut for months…
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The luxury hotel company makes its Pacific Northwest debut in Portland; plus, San Francisco restaurateur Shelley Lindgren brings a new wine program to Anguilla’s Malliouhana Resort.
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Tourists and business travellers alike hit the road again last year, boosting demand for hotel rooms by 11 per cent Canada wide…
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Israel’s leading hotel chain Isrotel has announced the opening of their first hotel outside of the country. The brand, under a new division called ALUMA, meaning “ray of light” in Hebrew, will open its Skylark Hotel in Athens, Greece next month…
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Hilton and Small Luxury Hotels of the World (SLH) have announced a strategic partnership that will expand the luxury experiences offered by Hilton as SLH properties join the hotels of the growing Waldorf Astoria Hotels & Resorts, Conrad Hotels &…
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Qatar Airways has won two Human Resources (HR) accolades: “Brilliance Award for Employee Engagement” and “Gold Award for Use of Technology in Internal Communications” at the 2024 International Brilliance Awards in London…
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TOTAL EXTENDED-STAY HOTELS achieved new fourth-quarter milestones in 2023, setting records in supply, demand, ADR, RevPAR, and room revenues, according to The Highland Group…
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Imagine walking into a hotel where check-in happens seamlessly through a mobile app, the room preferences are customized to your liking even before you step in, and the concierge services are just a voice command away…
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Within the framework of FITUR, the international tourism fair that took place recently in Madrid, a round table discussion entitled “Artificial Intelligence in hotel marketing: real use cases” was co-organised by BEONx and Hotelverse…
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Aareal Bank has provided financing for the acquisition of a premier collection of ten hotels in London by a controlled affiliate of Starwood Capital Group…
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The Libyan Investment Authority, the country’s sovereign wealth fund, has launched a hostile takeover bid for one of SA’s premier hospitality groups, Legacy Hotels, following a bitter boardroom fallout, putting a multibillion-rand property portfolio…
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Hospitality Financial and Technology Professionals (HFTP) announced the HITEC Investment Conference (HITEC-IC), a new event designed to connect hospitality technology company executives with the investment community…
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Maestro Hotel Management, a management company specializing in the management of premium hotel complexes, has recently faced a challenge familiar to many businesses - black PR…
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Expedia Group CEO Peter Kern is taking a vacation, but will the rest of us be able to afford one? Kern will stay until May 1 and expressed confidence in his successor, Ariane Gorin…
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NEW YORK, February 08, 2024--(BUSINESS WIRE)--MCR — the country’s 3rd-largest hotel owner-operator — has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds…
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Sarasota's Hotel Indigo — a 95-room hotel that opened in 2006 — has been rebranded to voco Sarasota. The branding change occurred late last year without major fanfare or corporate announcement…
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