Development

Steadily the US has taken ownership of thousands of British businesses and brands, while in our daily lives we have become dependent on US suppliers
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At last week’s AAHOACON24, AAHOA announced a revision to its 12 Points of Fair Franchising. The revision specifically targeted Point Number 12: Sale of the Franchise System Hotel Brand(s).
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A deal for the state of Colorado to purchase the famous Stanley Hotel in Estes Park that inspired Stephen King’s “The Shining” is officially on the table.
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The Singapore-headquartered subsidiary of Philippine-listed investment company DoubleDragon Corporation, Hotel101 Global Pte. Ltd…
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Hyatt Hotels Corporation has announced the opening of the family-friendly, all-inclusive, Dreams Estrella del Mar Mazatlán Golf & Spa Resort. The opening of the luxury all-suite resort marks the first Hyatt hotel in the seaside destination of…
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High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022.
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The world’s largest hotel chains, including multiple American majors, are behind the rising number of newly planned hotel and resort projects in Africa.
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KUALA LUMPUR: Increased investor interest is leading to an increase in property deals, particularly for assets such as hotels in the hospitality industry.
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COVID-19 delayed but didn't derail a unique golf-resort project in one of the fastest growing parts of the region. "This (area) is where everything is happening," the project executive says.
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Hotel management company, Rotana, has opened its ninth hotel in Saudi Arabia, in the city of Al Khobar which is connected to Bahrain via the 25km King Fahd Causeway.
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Two potential solutions to the housing shortage comes in converting underutilized spaces like hotels and office buildings. However, each conversion type faces unique challenges and should be tackled accordingly…
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It seemed like giant ceremonial scissors got plenty of use on the Strip in recent years…
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The Privatisation Authority has rolled out the sale of the government’s 33.83 percent shareholding in Kenya Hotel Properties Limited(KHPL), which owns the building which was previously managed by the Intercontinental Hotel Group in Nairobi…
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Dolce & Gabbana unveiled on Wednesday its first real estate project and condo hotel in the U.S., in collaboration with developer JDS Development Group.
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When it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa’s major wildlife attractions, (lion, leopard, rhinoceros, elephant and buffalo)…
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A High Court challenge has been brought against An Bord Pleanála's decision to grant permission for a hotel and office development close to the historic Royal Hospital Kilmainham building.
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Radisson is looking to accelerate its presence in Morocco and aiming to scale up its portfolio to 25 properties across the country by 2030. The company currently has 11 hotels in operation and under development…
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IHG Hotels & Resorts has revealed new prototype options for its three suites brands: Staybridge Suites, Candlewood Suites and Atwell Suites.
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Budget hotel brand Premier Inn is to convert a subterranean car park in central London into a 207-room property.
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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…
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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…
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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.
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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…
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US-based hospitality company Marriott International has signed an agreement with Greek conglomerate Vasilakis to launch the JW Marriott brand in Greece.
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