Development

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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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…
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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.
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Wynn Resorts and Related Companies have unveiled plans for the next phase of development at Hudson Yards, which includes a proposed resort and casino.
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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.
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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.
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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…
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The San Diego Housing Commission has acknowledged its appraisal mistake but says the property is working as planned and has since risen in value.
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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.
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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…
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One of Cape Town’s oldest landmark hotels is set for a major revamp thanks to foreign investments.
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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.
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