News

27,000 Israeli evacuees from border areas remain in hotels

Six months after the Hamas attack on Israel, 27,000 Israeli evacuees remain in hotels, mostly from communities along Israel’s northern border, the Israeli Tourism Ministry announced on Sunday. The number represents a steep drop from the more than 90,000 Israelis who were sheltered in hotels after the Oct. 7 massacre, even as the war against Hamas in the Gaza Strip rages on and amid a volatile situation on Israel’s northern border.

Hotel Shilla CEO to sell W440b of Samsung shares

Lee Boo-jin, the president and chief executive of Hotel Shilla, will reportedly sell some 440 billion won ($325 million) in Samsung Electronics stock, in an apparent bid to pay off her inheritance tax.

Hilton Lucknow marks Hilton’s third property in Uttar Pradesh

Hilton announced the signing of its flagship brand hotel in Lucknow, the capital city of Uttar Pradesh. Hilton Lucknow will be developed in partnership with Amrit Bottlers Private Limited, as part of a cluster complex that includes Hilton Garden Inn Lucknow, which Hilton already manages under the same ownership.

Megaworld milestone: Kevin Tan thrilled to open the biggest hotel in PH

Bilyonaryo Kevin Tan is looking forward to another milestone for Megaworld Corporation. The chief executive officer of Alliance Global Group, Inc. (AGI) said Megaworld Hotels & Resorts is poised to become the country’s largest local hospitality chain with the opening of the Grand Westside Hotel in June.

Tokyo’s Coolest Neighborhood Just Got Its First Five-star Hotel

With high-fashion flagships, blinged-out boutiques, and sleek showrooms, glitzy Ginza has a long-held reputation as the centerpiece of Tokyo’s upmarket shopping scene and its premier dining destination. Now, it’s home to one of the city's hottest new hotels, which has already become the place to be for those in the know.

Accor signs agreement for Sofitel Jaipur Jawahar Circle

Accor has announced signing a partnership agreement with EBU Estate Developers Pvt Ltd for its upcoming Sofitel Hotel in Jaipur, named ‘Sofitel Jaipur Jawahar Circle’. The luxury hospitality project is scheduled to open in 2028 and promises to redefine hospitality in the vibrant city of Jaipur.

Cheval Collection joins Global Hotel Alliance

Serviced apartment group Cheval Collection has signed an agreement with Global Hotel Alliance, joining the organisation’s loyalty programme GHA DISCOVERY. Global Hotel Alliance (GHA) is a collection of independent hotel brands. 

Doha, Qatar: Hotel, apartment occupancy rate reaches 85%

The hospitality sector in the country is showing strong performance with a total of 39,371 keys available, translating to 939,988 room nights and an occupancy rate of 85%. The range of accommodations includes 1 to 5-star hotels, deluxe apartments, and standard apartments.

Travelodge to open 85th London hotel

Thame-headquartered Travelodge, which operates nearly 600 budget hotels across the UK, Ireland and Spain, has exchanged contracts for a new hotel in Stratford. Once open, it will be the group's 85th hotel in London.

Transcorp Hotels Grows Revenue By 36% To N41.5bn In 2023

Transcorp Hotels Plc, has posted a strong performance of 36 per cent Year-on-Year revenue growth for the year 2023. The Company’s audited 2023 full-year results released on the Nigerian Exchange showed outstanding performance and setting new revenue and profit records.