Five trends that shaped real estate in 2021 - JLL
Big changes witnessed during the past year provide a sign of what’s to come
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Five trends that shaped real estate in 2021 - JLL
Big changes witnessed during the past year provide a sign of what’s to come
read more
Future Hotel Acquisitions Will Not Target the Usual Suspects
Just because a company isn't in the business of renting out guest rooms to travelers doesn't mean they aren't attractive in the eyes of a hotel mergers-and-acquisitions team. Future hospitality M&A is going to be more creative than in prior decades…
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Distressed Hotels: Financial Restructurings and Bankruptcy
COVID-19 has been devastating for the hospitality industry. Hotel occupancy rates are still well below normal. While some lenders are still granting relief to borrowers, lenders increasingly have been foreclosing on properties…
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Web Exclusive: Modular a good choice for luxury
As the popularity of modular construction in hospitality continues to grow, so does its use in upscale and luxury properties.
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LE: Asia-Pacific construction pipeline down slightly from a year ago
According to the recent Construction Pipeline Trend Report for the Asia-Pacific region from analysts at Lodging Econometrics (LE), the region’s total construction pipeline, excluding China, at the end of the third quarter of 2021 stands at 1,758…
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Meet Yahya Jan, the architect building the world's tallest hotel, Dubai's Ciel Tower
If you look out onto the Dubai skyline, you're likely to be admiring the work of Yahya Jan…
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Accor Launches Website Showcasing Residential Offerings
Accor has launched a new website, accor-residences.com, showcasing the group’s collection of branded residence offerings available across the Accor and Ennismore networks. Accor currently operates 70-plus branded residences around the world under 16…
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Hotelier Rocco Forte on expanding his brand in Europe and, maybe, into the U.S.
Hotelier Rocco Forte is drawing on all his experience through the decades as his namesake company navigates the post-pandemic return of tourism…
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Hampton by Hilton grows global footprint in key regions
For more than 35 years, Hampton by Hilton has implemented a successful growth strategy that has propelled the brand as the largest in Hilton’s portfolio and one of the largest in the industry, according to the company…
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Sustainability in hospitality: Putting construction issues first
Hospitality firms are increasingly keen to jump on the sustainability bandwagon. However, too often they get lost in the complexity of the subject and limit their engagement to unimaginative solutions such as towel reuse in bathrooms…
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Navigating Hospitality Through a Future Of Uncertainty
In the lead up to the 17th edition of the Arabian & African Hospitality Investment Conference (AHIC) taking place live in person at Madinat Jumeirah from 20-22 September, Mr. Sultan Bader Al-Otaibi shares his thoughts on the industry's recovery…
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Hotel Investors: 'Now Not Time to Play Hero'
Usually deemed to be bedrocks of nerve and insight, investors also have been on a rocky road through the COVID-19 crisis, but success in real-estate investment in the hotel industry continues to rely on flexibility, constant analyses of strategy and…
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Microtel by Wyndham to Open 20 New Hotels in Greater China by the End of 2022
New properties in Tianjin and Kunming contribute to the nationwide expansion of Microtel, as Wyndham makes 14th brand available for development in China
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Edwardian Hotels opens The Londoner
The Londoner finally opened its doors this week, proclaiming itself to be “the world’s first super boutique hotel”.
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Lodging Econometrics: Global Hotel Construction Pipeline Slightly Decreases
Lodging Econometrics (LE) has released its Global Hotel Construction Pipeline Trend Report, which compiles the hotel construction pipeline counts for every country and market around the world.
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Global pipeline projects in early planning stage rise
Lodging Econometrics (LE) has released its Global Hotel Construction Pipeline Trend Report, which compiles the hotel construction pipeline counts for every country and market around the world.
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Choice Diversifies Extended-Stay Portfolio With “Out of the Box” Conversions
According to Ron Burgett, senior vice president, development, extended stay for Choice Hotels, there continues to be plenty of room for growth in the extended-stay market, which proved to be especially durable during the pandemic, partly because it…
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Little Change in the European Hotel Construction Pipeline Year-over-Year
According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), research analysts report that at the close of the second quarter of 2021, Europe’s hotel construction pipeline dropped 1% by projects and…
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News From St. Regis: New and Upcoming Hotels, Butler Service Enhancements and More
Even as the travel industry continues to grapple with the COVID-19 pandemic, companies are finding ways to move forward and innovate — and not just in ways related to the coronavirus.
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Raffles announces global expansion plans
Raffles Hotels and Resorts has announced a raft of new openings for 2021 and beyond. Accor’s luxury hotel brand is on track to more than double its portfolio, with openings this year in Dubai, Bahrain, Udaipur and Macau, followed by Doha and Jeddah…
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In $17 billion deal, MGM Resorts sells stake in real estate company
A $17 billion deal announced Wednesday consolidated many of Las Vegas' biggest hotel-casinos under one real estate company.
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Hyatt Place Ekaterinburg, the second Hyatt branded property in Ekaterinburg is officially open, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members…
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Positive outlook for the hospitality industry
The hotel industry's recovery is accelerating, overcoming the crisis. In the first half of 2021, the stocks of the major hotel groups have recovered and outgrown the indexes…
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LVMH Plans to Build an Ultra-Premium Hotel on Rodeo Drive
Just when you thought Rodeo Drive couldn’t possibly get any more luxe, LVMH is like, “Hold my martini.” The luxury conglomerate is planning to open an ultra-premium hotel on the famed thoroughfare to outshine all competition…
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