Development

Luxury hotel oversupply looms over London

London’s high-end hotel market is heading into its heaviest period of new openings in more than a decade, raising fears that a wave of luxury room supply could outstrip demand and put pressure on prices in one of the world’s most expensive cities…
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Ennismore still has a big future with Accor

When Bloomberg broke the news in August that Accor was looking at an IPO for its lifestyle hotel business Ennismore, it gave the impression that the French hotel company was eyeing the disposal one of its most prized assets…
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Why mountain resorts are a huge treasure trove

The diversification of holiday destinations is a major trend in leisure hospitality as travellers seek new experiences beyond the beach, unique locations away from the crowds and cooler temperatures in times of heatwaves. And mountain resorts stand…
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PHL, a ‘niche’ hospitality growth market

SMALL but resilient. This was how the Philippines’ publicly listed hospitality companies and travel firms are described in an investment brief, having grown by 63 percent in revenue to US$1.8 billion (P102.96 billion) in the last three years…
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