Development

Budget hotel brand Premier Inn is to convert a subterranean car park in central London into a 207-room property.
read more

IHG Hotels & Resorts (IHG) is kickstarting the annual HUNTER Hotel Investment Conference by highlighting its dominant position in the midscale hotel market. The company’s growth in development is riding high on the back of a triumphant 2023, a year…
read more

Cushman & Wakefield recorded a total transaction volume of EUR 1.5 billion for the hotel segment in 2023. This corresponds to a decline of around 23 percent compared to the previous year and is the lowest result of the past eleven years, falling…
read more

Three companies frequently favoured by the state have received most of the money allocated by the government as subsidies for the construction of new hotels to meet growing tourism demand.
read more

U.S.-based company Affinity Partners, led by Jared Kushner, the influential son-in-law of former President Donald Trump, aims to undertake two major tourism projects in Albania, along with another in Belgrade, with a combined value that could exceed…
read more

US-based hospitality company Marriott International has signed an agreement with Greek conglomerate Vasilakis to launch the JW Marriott brand in Greece.
read more

The 4-star Tmark Grand Hotel in Myeongdong, Seoul, originally served as an office building for an electric wire company. The building was then renovated into a hotel in 2016 to accommodate the rising number of Chinese tourists in Korea…
read more

We are seeing an exciting increase in hotels enhancing shopping malls and high streets and saving empty office buildings. This in turn is helping to uplift the local community.
read more

Wynn Resorts and Related Companies have unveiled plans for the next phase of development at Hudson Yards, which includes a proposed resort and casino.
read more

European hospitality property specialist Numa Group is expanding into the UK with the acquisition of a Central London asset in partnership with New World Hospitality.
read more

Aman Resorts’ first Janu hotel in Tokyo’s luxe Azabudai Hills costs half as much as its upmarket sibling. Here’s an exclusive first look inside.
read more

Scandic has entered into a long-term agreement with the developer SRV to launch a new Scandic Go hotel featuring 144 rooms in Oulu, Finland. Slated to open in the latter half of 2025, this hotel will occupy a prime location in Oulu, the largest city…
read more

The San Diego Housing Commission has acknowledged its appraisal mistake but says the property is working as planned and has since risen in value.
read more

Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector.
read more

In the world of real estate, hotel acquisitions stand apart, blending the intricacies of property deals with the dynamics of the hospitality industry. Here, we shine a light on the specialized factors that differentiate hotel acquisitions…
read more

One of Cape Town’s oldest landmark hotels is set for a major revamp thanks to foreign investments.
read more

New Zealand’s pipeline of new hotels is slowing to a trickle, and policy levers to attract new investment need to be introduced before it becomes a problem, an industry advocate says.
read more

A new Nordic hotel chain has been launched by partners, investor Slatto and experienced hotel operator Strawberry group.
read more

The “higher-for-longer” interest rate environment had a chilling impact on the U.S…
read more

Strawberry continues their expansion on the Finnish market. In autumn 2028, a new full-service hotel will open in one of Finland's, biggest development projects at the moment, Ratapiha Arena. The area is located in the middle of the city…
read more

After Aman Nai Lert Bangkok (Q3, 2024) and Aman Miami Beach (2026), Aman Beverly Hills is slated to be the next urban destination to open in 2027. Designed by Kerry Hill Architects, here are the first renderings of the forthcoming property…
read more

The number of projects in the global hotel construction pipeline at the end of 2023 reached nearly 15,200, up 7 percent year over year and a record high, according to a new Lodging Econometrics report…
read more

The resort, slated to debut in 2027, will reimagine mountainside hospitality at 7,545 feet. Raffles Hotels & Resorts and NEOM have unveiled plans for a year-round mountain resort in Trojena, Saudi Arabia…
read more

The opening of Scandic's first hotel in Nürnberg, the second largest metropolitan area in Bavaria. The new hotel is an important step in the company's expansion in Germany…
read more