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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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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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According to research undertaken by Cornell University’s School of Hotel Administration in February 2025, hotels see strong financial returns from commissions paid to the OTAs.
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Industry has second-highest employment growth for over-50s as it offers flexibility and social connection
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A South Korean hotel is offering guests the exact opposite of an escape, serving up incarceration in a cell that spans just 5 square-metres.
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Israeli-backed Leonardo Hotels is growing in central Europe, supported by a series of strategic partnerships and new investments.
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Tongcheng Travel Holdings, a Chinese online travel services provider, has agreed to acquire Wanda Hotel Management Hong Kong for about CNY2.5 billion (USD342 million), beefing up its hotel assets and competitiveness…
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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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Al Farhan Group, a family-owned company with 16 three- to four-star hotels across Saudi Arabia, plans to open at least one hotel every year for the next several years.
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Digital transformation in hotels isn’t stuck because hoteliers are scared of spending. In fact, hotels spend millions every decade on renovations, replacing FF&E (furniture, fixtures, equipment), and upgrading HVAC systems without blinking…
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As more travellers prioritise healthier lifestyle choices, hotels are adapting their offerings to include wellness-focused amenities and alcohol-free options.
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Loyalty fees increased by 4.4% in 2024, outpacing 2.7% revenue growth, but at just $5.46 per occupied room or 1.6% of total revenues…
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The hospitality industry is at a crossroads, with HR leaders playing a pivotal role in addressing workforce challenges and driving strategic transformation. From combating high turnover rates and seasonal hiring challenges to leveraging digital…
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This development helps the partners to expand their Dubai presence while boosting midscale hospitality.
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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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The Roch Dog Friendly Hotel Awards 2026 will be the first scheme of its kind to benchmark international standards in canine hospitality.
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What hotel brands don’t know is that they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don’t know that they can create this bench strength with resources that are readily…
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