Whitbread to cut 1,500 jobs as it expands hotel business
Pub and hotel company Whitbread will cut 1,500 jobs as it restructures its business. The company said it would close more than 200 branded restaurants, which include Brewers Fayre and Beefeater, and expand its hotel business…
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Vipp’s Scandinavian guesthouse offers a sleek setting amid a wild landscape
The Danish town of Vangså, located in the North Denmark Region, carries an elusive online presence, scarcely hinted at by plain two-dimensional maps depicting an untamed terrain with feral waterways.
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Lucrum Capital looks to sell Killiney hotel site for S$195 million
PRIVATE equity firm Lucrum Capital has put a freehold boutique hotel under construction at Killiney Road up for sale at S$195 million.
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Is Hilton within striking distance of dethroning Marriott as the world’s largest hotel company?
Marriott International, with more than 30 brands under its belt, is the undisputed leader in the world's hotel orbit.
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Tiny hotels eye expansion amid high demand, growing eco-tourism market
These tiny hotels are able to pack up and relocate to other unique sites – a mobility factor that can be a huge draw for both new and returning customers, say experts.
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120 Room Premier Inn Torquay Harbour Hotel Opens
Built on part of an underused car park, the new hotel complements existing hotel accommodation in Torquay and is set to bring long term benefits to the town centre, businesses, and the community.
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Arabia Hotels initiates Fairmont Hotel construction at Sun Capital
Arabia Hotels, an affiliate of Arabia Holding, has declared the start of the Fairmont Hotel’s construction within the expansive Sun Capital development situated in Cairo’s western region.
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Marriott International to Grow in Europe With 100 Conversions and Adaptive Reuse Projects
Marriott International, Inc. announced plans to grow its portfolio in Europe through nearly 100 conversions and adaptive reuse projects by the end of 2026, which represent over 40 percent of its overall European development pipeline…
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A change of heart: Hilton embraces M&A growth strategy
After years of relative quiet in mergers and acquisitions, Hilton is no longer content to sit on the sidelines.
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Blackstone evaluating potential hotel buys in ₹300-400 cr range
Even with the pricey valuations, sources told businessline that the asset manager was actively pursuing opportunities and an acquisition was likely this year
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Canelles Resort Development set to boost Saint Lucia's tourism sector
Les Khan, CEO of Caribbean Galaxy Limited, has provided insightful details about the eagerly anticipated Canelles Resort and Spa Development in Saint Lucia.
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Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands
Choice Hotels International, one of the world's largest lodging franchisors, announced today that it has promoted Judd Wadholm to Senior Vice President and General Manager, Core Brands. A nearly 17-year veteran of Choice Hotels International and…
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Dominican Republic Eyes 12 Million Visitors Amid Continued Tourism Boom
While many of its neighboring destinations were closed in the summer of 2020, the Dominican Republic was open. And it never closed. The country’s navigation of the pandemic helped kick off what would become a new golden age of tourism, ushering in a…
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Leading hotel brand has brought its Israeli DNA to London
When Ariel Schiff, founder of the trendy Amano hotel group, found the perfect site for his debut UK offering, he did not expect that he would be building it over Zoom.
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High cost of borrowing contributes to 19% fall in European hotel transactions in 2023
High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022.
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Global chains are driving a boom in Africa’s hotels
The world’s largest hotel chains, including multiple American majors, are behind the rising number of newly planned hotel and resort projects in Africa.
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Increased investor interest spur property deals particularly for hotels
KUALA LUMPUR: Increased investor interest is leading to an increase in property deals, particularly for assets such as hotels in the hospitality industry.
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East Manatee County golf-hotel-residential project underway
COVID-19 delayed but didn't derail a unique golf-resort project in one of the fastest growing parts of the region. "This (area) is where everything is happening," the project executive says.
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