Numa expands into UK with London hotel acquisition
European hospitality property specialist Numa Group is expanding into the UK with the acquisition of a Central London asset in partnership with New World Hospitality.
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Numa expands into UK with London hotel acquisition
European hospitality property specialist Numa Group is expanding into the UK with the acquisition of a Central London asset in partnership with New World Hospitality.
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Starwood Capital and Jaws plan public listing via merger
Investment affiliates of Starwood Capital Group, which hold interests in a range of hotel properties, and Jaws Mustang Acquisition Corp (NYSEA: JWSM), a special purpose acquisition company, announced today their intention to merge, leading to a…
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The High-End Restaurant Trends Set To Transform The Dining Experience In 2024
In the world of fine dining, pushing the boundaries of culinary creativity is nothing new, but in 2024, we’re seeing chefs go far beyond what was previously possible in a bid to delight and wow diners like never before…
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He transformed S.F. hotels and helped Airbnb go public. Now he wants to redefine our ‘midlife’
In the 1990s and 2000s, Chip Conley shook up the hospitality industry in San Francisco and across California, developing a collection of colorful boutique hotels that embraced the state’s lure as a destination for counterculture creatives and…
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VDA Telkonet's Tech Report 2024 traces the direction of tomorrow's hotels towards the well-being of the entire hotel ecosystem and announces the pilot project applying neuroscientific monitoring to the hospitality sector…
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Starbucks' wait times have increased with higher demand for complicated cold drinks. The company is rolling out its new "Siren System" to overhaul and streamline drink-making. Starbucks is spending billions to shorten customer wait times…
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EU tourism at a decade high in the first half of 2023
The EU tourism industry is experiencing a strong recovery from the impact of the COVID-19 pandemic…
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Hotel inflation rate is biting but paled in comparison to the rise of energy prices in Europe
From a global pandemic to the Russian invasion of the Ukraine, inflation now looms over the global economy, driving up prices and putting further pressure on the cost of living…
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EU Commission to Prevent Booking Holding From Purchasing of eTraveli
Booking Holdings is set to lose the €1.67 billion deal with Sweden’s eTraveli Group, a very important transaction that has been left stranded for nearly two years. This is expected to happen due to the European Commission deciding against it…
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Nineteen Out of the Top 20 Spots in the World Sustainable Travel Index 2023 Held by European Nations
Sweden Emerges as Europe's Premier Eco-Friendly Travel Destination, According to Euromonitor's 2023 Sustainable Travel Index.
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Four Seasons end ownership standoff to reopen Midtown hotel
Shuttered hotel slated for 2024 revival after three-year feud! For three years, the pandemic and a dispute between the Four Seasons and an owner in Manhattan kept an iconic Midtown hotel shuttered. That could change in 2024…
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Accent Group set to open Four Points by Sheraton Budapest Danube on the bank of the Danube River
Accent Hotel Management will open Budapest's first Four Points by Sheraton hotel on the bank of the Danube, representing one of Marriott International’s 30 extraordinary brands…
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Hyatt sets sights on further European expansion
Hyatt is to further increase its presence within Europe as part of its expansion into the wider EAME (Europe, Africa and Middle East) region.
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Look for European Hotel Dealmaking to Pick Up Later in 2023
Deloitte's top hotel consultant, Andreas Scriven, has a finger on the pulse of European dealmaking. He forecasts more assets changing hands in the year's back half.
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Major hotel franchises companies move forward with construction projects in Europe
In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stands at 1,711 projects/260,911 rooms…
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BWH Hotel Group is expanding its upscale, chic boutique brand, Aiden, as the brand is set to grow by over 200% in the years ahead with the portfolio doubling in 2023 alone. Highlights of the brand growth include the upcoming launch of Aiden in India…
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Europe and Middle East tourism set to return to pre-pandemic level
After stronger than expected recovery last year, 2023 could see international tourist arrivals bounce back to pre-COVID-19 levels in Europe and the Middle East.
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Euromonitor Report Releases Top 100 City Destinations for 2022
Paris retained the title of the world’s top city destination, with Dubai and Amsterdam making up the top three. Annual index by global market research company reported on the top global cities for tourism, sustainability, and economic performance…
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