Management

IHG Hotels & Resorts and private hotel operator NOVUM Hospitality have jointly opened their first hotel in Germany following a recent partnership.
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Hilton, with a brand value of $11.6 billion, has retained its title as the world’s most valuable hotel brand for the ninth consecutive year, according to new data from Brand Finance, the brand valuation consultancy. Hyatt, with a brand value of $6…
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Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. Regardless, the key question remains: Is the price point logical?
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“When you think of revenue management, which is the first department that comes to mind?”
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Hotel company CEOs are some of the most pollyannaish folk in business. The biggest cheerleaders of travel and hospitality have a duty to tell it like they think it is—even if it’s not. Leave the honesty to the hotel developers and lenders…
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Climate change is one of the most significant challenges society is facing, but we are currently trapped in what feels like a phony war. We know we should act, but there is limited international guidance as to how and little immediate legislation to…
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Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
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Sometimes, it’s better to rent or lease than to straight out buy. In homes and cars, yes—what about in the hotel business?
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Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?
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Project HQ Hotels & Residences, the “smart lifestyle” hospitality brand announced in January from sbe through an alliance with Wyndham Hotels & Resorts, has finalized a series of deals and strategic partnerships…
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Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, is pleased to announce the signing of a strategic…
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The new arrangement will allow ITC to retain a 40% stake in ITC Hotels, with the remaining 60% to be owned by ITC shareholders.
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As a hotel conference speaker opinion writer, I always try to stay up on the very latest innovations and tech solutions, and so I start each day by reading at least a half dozen lodging industry eNewsletters…
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Hilton’s VP of food and beverage strategy and development for the EMEA region, Emma Banks, shares her learnings on engaging staff and customers in countering food waste.
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US: Management company PM Hotel Group has added Staybridge Suites Tysons – McLean, in Virginia to its portfolio. 
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In a recent move that has caught the attention of investors, Shanoop Kothari, the CEO and CFO of Luxurban Hotels Inc. (OTC:LUXH), has made a significant purchase of company stock. The executive acquired 800,000 shares at a price of $0.25 per share…
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Newquay will welcome what is being referred to as “Cornwall’s first coastal aparthotel” later this year.
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Global prices for serviced apartments, including major European cities, are expected to fluctuate throughout 2024, according to the latest quarterly report from SilverDoor.
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Covivio Hotels, Covivio's hotel property subsidiary, today announced the successful completion of its €500 million Green Bond issue, maturing in May 2033.
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Ireland has committed to achieving net-zero emissions by 2050 and all business sectors must be cognisant of this and integrate sustainability into their strategic planning.
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Commercial real estate information giant CoStar and a group of high-end hotels have asked a U.S. judge to dismiss claims that they improperly shared data to keep room prices artificially high, calling the case "fanciful."…
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The transformation of the Grade II-listed Old War Office (OWO) in Whitehall—London’s political hub located adjacent to Buckingham Palace—into Raffles Hotels & Resorts’ first UK property was a daunting challenge…
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H World Group, a Chinese company operating more than 9,000 hotels at home, will develop markets in Southeast Asia with an eye toward establishing a global chain based on its proprietary platform for reservation and customer management…
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AC Hotel by Marriott North Phoenix at Norterra and Element by Westin North Phoenix, a new dual-branded hotel, is in development with an expected opening of late 2025.
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