Lucrum Capital looks to sell Killiney hotel site for S$195 million
PRIVATE equity firm Lucrum Capital has put a freehold boutique hotel under construction at Killiney Road up for sale at S$195 million.
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Lucrum Capital looks to sell Killiney hotel site for S$195 million
PRIVATE equity firm Lucrum Capital has put a freehold boutique hotel under construction at Killiney Road up for sale at S$195 million.
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Is Hilton within striking distance of dethroning Marriott as the world’s largest hotel company?
Marriott International, with more than 30 brands under its belt, is the undisputed leader in the world's hotel orbit.
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Find Out Why This Architect Made Luxury Hotel Design His Calling Card
Jean-Michel Gathy is at the origin of the most beautiful hotels in the world. The award-winning Belgian architect and interior designer with over four decades of experience at the avant-garde of the hospitality industry, who describes himself as…
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Tiny hotels eye expansion amid high demand, growing eco-tourism market
These tiny hotels are able to pack up and relocate to other unique sites – a mobility factor that can be a huge draw for both new and returning customers, say experts.
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120 Room Premier Inn Torquay Harbour Hotel Opens
Built on part of an underused car park, the new hotel complements existing hotel accommodation in Torquay and is set to bring long term benefits to the town centre, businesses, and the community.
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Arabia Hotels initiates Fairmont Hotel construction at Sun Capital
Arabia Hotels, an affiliate of Arabia Holding, has declared the start of the Fairmont Hotel’s construction within the expansive Sun Capital development situated in Cairo’s western region.
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New hotel inspired by EuroDisney to be built in Kiryat Motzkin
Kiryat Motzkin is set to welcome its first hotel, adjacent to the zoo and theater in the city. The hotel will have 120 rooms with an investment of approximately €50 million, and it will be family-friendly, designed with inspiration from…
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Blackstone evaluating potential hotel buys in ₹300-400 cr range
Even with the pricey valuations, sources told businessline that the asset manager was actively pursuing opportunities and an acquisition was likely this year
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Americans are buying up Britain from right under our noses. Here's why
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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AAHOA updates 12 Points of Fair Franchising in wake of acquisitions
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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Colorado agency steps up to buy Stanley hotel after Arizona nonprofit sale falls through
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’s Inclusive Collection Expands in Mexico
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 cost of borrowing contributes to 19% fall in European hotel transactions in 2023
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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Global chains are driving a boom in Africa’s hotels
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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Increased investor interest spur property deals particularly for hotels
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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East Manatee County golf-hotel-residential project underway
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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Rotana opens ninth hotel in Saudi, near to this famous causeway
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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Hotel vs. office: Different challenges in commercial to residential conversions
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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When will the Strip see another new hotel-casino?
It seemed like giant ceremonial scissors got plenty of use on the Strip in recent years…
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State launches sale of stake in firm owning ex-Intercon Hotel building
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 unveils debut real estate project 888 Brickell Condo Hotel
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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Egypt and the Big 5 Dominate Hotel Development in Africa
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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Court challenge brought against hotel development planned near historic Dublin building
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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