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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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Following a boom year for profits in its hotel and resorts division, South Korea's Hotel Lotte has committed to increase its rate of expansion for the business both in its home market, and in adjacent markets such as Vietnam…
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A New Consultancy Providing Asset Management And Strategic Guidance For Developers, Owners And Operators
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Radisson Academy, Radisson Hotel Group’s leading Learning and Development hub, marks its fifth anniversary as it continues to innovate and strives to be the best ‘Academy’ to upskill talent joining the industry. Since it’s inception in 2019…
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Several times a month, I get a call that usually goes like this: “Hi Steve, Hope you are doing well. I have a “golden” opportunity to purchase this amazing hotel site in an incredible hotel market. It's being offered for $10 Million- should I buy…
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Dusit Hotels and Resorts has unveiled new destinations, a sustainability initiative and the reopening of Dusit Thani Bangkok and Dusit Princess Al Majma’ah, Riyadh.
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During the Caribbean Hotel and Tourism Association's Marketplace tourism conference in Montego Bay earlier this month, Jamaica's tourism minister Edmund Bartlett said Jamaica's room count will increase by 2,000 rooms this year and by 20,000 in five…
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South Africa's tourism sector is blossoming. According to the latest statistics from Statistics South Africa, international tourist arrivals from January to March totalled more than 2.4 million, representing a 15.4% increase when compared with the…
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The Hawaii Vacation Rental Performance Report for April reflects diverse challenges and various evolving trends in Hawaii travel. Despite an overall supply of vacation rentals, occupancy has dropped significantly compared to previous years, both…
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Movinn Sverige is relaunching Hotel Duxiana under a new brand, turning it into a premium 21-unit aparthotel.
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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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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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The Seoul Metropolitan Government announced on May 19 that the Jingnyeo Cafe located within Ichon Hangang Park on the Hangang Bridge will be transformed into the View Hotel, reopening on July 16.
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Hyatt since introducing its RiseHY program in 2018, more than 5,700 Opportunity Youth (those from under-resourced communities, between the ages of 16 and 24) have joined Hyatt or a Hyatt hotel. This marks a significant step toward Hyatt’s global…
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After years of shrugging off soaring hotel costs, affluent travelers may finally be showing some…
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UK tourists going on holiday to 21 European countries including Greece may notice changes to certain services and items provided in rooms.
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Minor Hotels is gearing up to build on its presence in India and is looking to open 50 new hotels in the next 10 years. The group is bullish on the country’s potential, fueled by the keen interest from owners for its brands. Moving forward with a…
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