News

Kai Yuan Holdings Ltd has secured a €175 million refinancing loan for the Paris Marriott Champs-Élysées hotel.

 Net Affinity, a leading hotel tech provider has partnered with Dutch private equity-backed Hotel Tech Group (HTG). The move brings together two companies following Connected Capital’s investment in the merger of Smarthotel and Hoteliers.com in 2024.

Ikea has announced a special stunt for 24 and 25 January: customers can win an overnight stay in one of its eight Belgian shops. With the initiative, the furniture giant is highlighting its theme for 2025.

Minor Hotels Europe & Americas announces the upcoming addition of NH Collection Alagna Mirtillo Rosso to the portfolio of the upper-upscale NH Collection Hotels & Resorts brand in Italy. Located in the heart of the Pennine Alps, the four-star property will undergo a renovation process and officially open its doors under the new brand in March 2025.

Accor aims to expand its share of luxury hotels by debuting its Orient Express brand this year and fine-tuning its other brands, like Fairmont and Sofitel.

Police have found the bodies of a mother and her four daughters who sere murdered in an apparent honour killing in a hotel room in India. Police fear they were murdered by her son, a 24-year-old man named only as Arshad, on New Year's Eve in Lucknow, in India's north.

Philipp Plein, fashion designer and CEO of the Plein Group, has signed a multi-year agreement with real estate company X One LLC (S.H.P.K.) to develop a luxury hotel and serviced apartments in Tirana.

A fire erupted early Monday morning at a hotel in Kalabaka in central Greece, resulting in the death of its 55-year-old owner and injuries to 10 guests.

UK hotel investment transactions are estimated to have reached £5.75 billion in 2024, according to Savills, more than double the volume recorded in 2023. This marks the highest level of activity in the sector since 2018.

One person was killed and seven others injured when a Tesla Cybertruck exploded outside of President-elect Donald Trump’s hotel in Las Vegas.

A fire broke out at a hotel on Bangkok's Khao San Road, a popular tourist destination, killing three foreigners and injuring several other people, Thai police have said.

Mandarin Oriental has announced full ownership in its branded collection of Exclusive Homes, a portfolio of private vacation homes and mansions, and will operate the business independently. 

Rotana, the internationally renowned hotel management company, has announced plans to construct the first five-star hotel in Somalia, marking a major economic and urban development milestone. The Mogadishu Rotana, set for completion in 2026, will feature 321 keys, including 261 guest rooms and 60 hotel apartments.

Swiss media reports that the Basel branch of the Hotel Association has set a new rule to ensure that price gouging among its members does not occur. The organisation agreed at a meeting in November that for the week of the Eurovision Song Contest, a room should not cost double the rate charged by Basel Tourism for rooms.

The standard for canceling accommodation contracts without a penalty fee is changing from "the day of the contract" to "within 24 hours after the contract."

Practising hospitality activities including daily apartment rentals in Saudi Arabia without licensing from authorities is punishable by fines of up to SR1 million, a legal expert has warned.

As the Maharashtra government has granted permission for all-night New Year celebrations, hotel owners in Mumbai have taken proactive steps to ensure a safe experience for partygoers and prevent any untoward incidents, particularly related to alcohol consumption.

Some hotels in Tbilisi declare that tourist bookings are being actively canceled amid the instability in the country. Bookings are mostly cancalled in the center of the capital. Wyndham Grand Tbilisi, located on Gudiashvili Street told BMG, that their occupancy rate in December does not exceed 20%, which is a sharply reduced figure compared to previous years.

The IIHM Institute of Hospitality Skills (IIHS), India's largest training centre affiliated with the Tourism and Hospitality Skill Council (THSC), proudly announces the grand opening of its state-of-the-art facility in Udaipur today. This centre aims to provide comprehensive hospitality skills courses, catering to professionals seeking to upskill and enhance their career prospects.

The tourist tax in Greece is set to rise, targeting accommodations and cruise passengers to help fund recovery efforts from natural disasters. The Greek parliament, led by a conservative majority, passed the bill to counteract the financial strain caused by climate change-driven events like floods, droughts, and wildfires.

In hotels, as in banking, the real money is in being a capital-light intermediary rather than actually owning things. No wonder Posadas is pursuing its international expansion with an asset-light strategy.

The Federal Trade Commission announced on Friday it finalized an order  requiring Marriott International and subsidiary Starwood Hotels to improve their digital security, reports BleepingComputer. The FTC charged the companies with lax security practices that resulted in three big breaches detected in 2015, 2018, and 2020, “affecting more than 344 million customers worldwide,” leaking passport details, payment cards, and other info.

Auberge Resorts Collection on Feb. 1 will take over management of The Woodward, a lakeside hotel in Geneva, Switzerland. The luxury hotel, housed in a building dating to 1901, has been part of the Oetker Collection. It will be Auberge's first hotel in Switzerland.

Amsterdam is the latest European city to stage protests against overtourism following a campaign against its “unliveable” conditions on Saturday (21 December). The demonstration by locals on the Leidseplein symbolically took place outside the controversial new build, the Diamond hotel.