Israeli-backed Leonardo Hotels is growing in central Europe, supported by a series of strategic partnerships and new investments.
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Israeli-backed Leonardo Hotels is growing in central Europe, supported by a series of strategic partnerships and new investments.
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China’s Tongcheng Travel to Buy Wanda Hotel Manager for USD342 Million
Tongcheng Travel Holdings, a Chinese online travel services provider, has agreed to acquire Wanda Hotel Management Hong Kong for about CNY2.5 billion (USD342 million), beefing up its hotel assets and competitiveness…
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International hospitality groups expand their presence in Greece
Greece’s leading role on the global tourism map, combined with the relatively small penetration of major foreign hotel brands compared to other developed destinations, continues to attract large foreign hotel management chains…
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Affordability is the key for Saudi hotel expansion
Al Farhan Group, a family-owned company with 16 three- to four-star hotels across Saudi Arabia, plans to open at least one hotel every year for the next several years.
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Why Hotel Tech Doesn’t Move Faster
Digital transformation in hotels isn’t stuck because hoteliers are scared of spending. In fact, hotels spend millions every decade on renovations, replacing FF&E (furniture, fixtures, equipment), and upgrading HVAC systems without blinking…
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US hotels embrace alcohol-free travel trend
As more travellers prioritise healthier lifestyle choices, hotels are adapting their offerings to include wellness-focused amenities and alcohol-free options.
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Loyalty programs prove their value: CBRE
Loyalty fees increased by 4.4% in 2024, outpacing 2.7% revenue growth, but at just $5.46 per occupied room or 1.6% of total revenues…
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4 ways hospitality HR teams are taking the lead
The hospitality industry is at a crossroads, with HR leaders playing a pivotal role in addressing workforce challenges and driving strategic transformation. From combating high turnover rates and seasonal hiring challenges to leveraging digital…
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