London’s latest luxury hotel and club set for former royal residence
A historic landmark in London’s Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
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London’s latest luxury hotel and club set for former royal residence
A historic landmark in London’s Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
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Hybrid brand Kabannas expands across Europe
A new hybrid accommodation brand, with the look and feel of a lively hostel, is making ground as the well-backed Kabannas looks to acquire further sites in European city centres for conversion to its format…
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Hamburg's new green hotel, events space opens in converted WWII bunker
Hamburg's latest tourist attraction, a converted World War II bunker now serving as a green hotel, bar and events space, opened to the public in July.
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Scandic Go accelerates growth in Sweden with office conversions
Scandic Hotels Group is expanding its budget brand, Scandic Go, through the conversion of existing office buildings in Gothenburg and Umeå, Sweden.
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What Germany’s struggling economy means for hotel investors
Germany is losing its attractiveness for investors with a number of studies by companies such as EY and KPMG showing that the country is no longer the darling it once was.
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Spain’s Eurostars seeks committed, cooperative investors
Eurostars Hotel Company is on the lookout for long-term and “hands off” investment partners as it launches into fresh markets from Eastern Europe to the Americas and points in between, according to Clara Lopez, the Spanish group’s director of…
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UK Hotel investment totals £3bn in H1 as portfolio transactions drive activity
The return of portfolio transactions has bolstered UK hotel investment during the first six months of 2024 with investment totalling £3 billion, up from £990 million over the same period in 2023 and far beyond last year’s full year total (£2…
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Investment Opportunities in the Lifestyle Hotel Market
Multi-story complexes of similar-looking rooms with cozy lighting, finely-pressed sheets, and a corporate, sterile feel. These kinds of hotels abound, found on every street corner in the U.S…
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Investor Profile: Agile ECE applies vertical skills to hospitality
If the Otto family-owned ECE Group was born out of its deep knowledge of the retail trade and retail real estate in the 1960s, the firm today – an independent real estate developer, operator, owner and investor in several asset classes – is still…
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Man gave up on Tintern hotel housing plan after years of delay
A DEVELOPER says he ran out of patience waiting for council planners to decide whether or not he could build houses on the site of a former hotel right opposite Tintern Abbey.
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Adagio expands with franchise deals
Adagio aparthotels, a joint venture project supported by Accor and Pierre & Vacances, is pushing for more international growth by increasing the number of franchise agreements in the portfolio.
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SHA Wellness Clinic launches healthy living island in Middle East
SHA Wellness Clinic has partnered with IMKAN to launch the world’s first healthy living island. SHA Emirates will be located in AlJurf, an enclave on the coastline approximately halfway between Abu Dhabi and Dubai…
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Hilton doubles down on Southeast Asia with new signings
Hospitality giant Hilton has announced a significant expansion in Southeast Asia with the signing of 11 new properties across Thailand, Vietnam and Indonesia.
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IHG builds pipeline in Caribbean and Latin America
Supported by a string of development and management partners, IHG Hotels & Resorts is expanding its luxury and lifestyle portfolio across Mexico and the Caribbean.
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Marriott International, Inc., announced its plans to expand its portfolio in France with the expected addition of 10 properties with over 1,000 rooms by the end of 2025. The anticipated openings will further strengthen the company’s footprint in…
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Marriott International, Inc…
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Travelodge opens collection of new hotels in Spain as hotel chain continues its expansion
Travelodge, the UK’s first budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, continues its Spanish expansion and has today announced the opening of five new Travelodge hotels; Alicante Puerto, Barcelona del Valles…
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LE: Global construction pipeline at all-time high room count
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the…
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Marriott shares details on new midscale brand at NYU
Less than half a year after Marriott International President and CEO Anthony Capuano teased a new transient midscale brand, the company has announced new details on the project, if not an official name, during the NYU International Hospitality…
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Hotel development is a complex undertaking. It requires little of the skills to operate and monetize the asset. Owners and architects are often ill-equipped to measure up the requirements for running a successful hotel a few years down the…
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Hotel Lotte plans asset light expansion route
Following a boom year for profits in its hotel and resorts division, South Korea's Hotel Lotte has committed to increase its rate of expansion for the business both in its home market, and in adjacent markets such as Vietnam…
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How to Determine a Hotel’s Feasibility and Land Value in 60 Seconds
Several times a month, I get a call that usually goes like this: “Hi Steve, Hope you are doing well. I have a “golden” opportunity to purchase this amazing hotel site in an incredible hotel market. It's being offered for $10 Million- should I buy…
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Dusit Hotels and Resorts unveils an exciting lineup of new destinations
Dusit Hotels and Resorts has unveiled new destinations, a sustainability initiative and the reopening of Dusit Thani Bangkok and Dusit Princess Al Majma’ah, Riyadh.
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A hotel boom is underway in Jamaica
During the Caribbean Hotel and Tourism Association's Marketplace tourism conference in Montego Bay earlier this month, Jamaica's tourism minister Edmund Bartlett said Jamaica's room count will increase by 2,000 rooms this year and by 20,000 in five…
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