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In the largest single hotel transaction in nearly four years, The Diplomat Beach Resort in Hallandale, Florida is being sold to Honolulu-based Trinity Investments and Credit Suisse Asset Management for $835 million…
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As the world continues to find a new normal post-COVID, consumers have placed heightened importance on travel and experiences, which has accelerated lodging demand, and resulted in RevPAR reaching or exceeding 2019 levels in some markets…
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A guitar-shaped room tower will eventually replace it, but the iconic volcano in front of the Mirage on the Las Vegas Strip is getting a bit of a reprieve…
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What's ahead for hotel investment in Europe? A survey of more than 100 hotel leaders points to both risks and a window for opportunistic acquisitions.
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According to the Q3 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter, Europe’s hotel construction pipeline stands at 1,660 projects/258,476 rooms…
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It’s true that East Africa’s travel, tourism and hospitality sectors have experienced numerous ups and downs in recent years. However, there are positive signs of growth, as Thuku Kimani, manager of hotels MENA at Colliers International, points out…
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Singapore is set to welcome its first ever "supertall" skyscraper, a term used to describe buildings that exceed 300 meters (984 feet) in height.
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Plans for an 83-bedroom town centre hotel have been withdrawn, following objections.
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After spending many years as one of the most well-known global third-party management companies, the Interstate Hotels & Resorts brand is being retired by its parent company, Aimbridge Hospitality, and being replaced with the Aimbridge EMEA moniker…
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Early this year, Hyatt Hotels Corp…
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Radisson Hotel Group is nearly unrecognizable from the company it was five years ago, thanks to a strategy shift and metabolism boost. Now, turnaround artist and CEO Federico González aims to double the company's footprint by 2025…
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According to a recent GlobalData report, 573 deals (including mergers & acquisitions, private equity, and venture financing) were announced in the global travel and tourism (T&T) industry in the first half of 2022, reflecting a 3.1% increase over…
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While global interest in ecotourism has been growing at a rapid pace, inflation has also started to shape travel choices…
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Last year, Radisson Hotel Group reported its strongest year of signings ever, and recently announced targets for 2022 to outperform the previous year…
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In the hospitality industry today, customers have a considerable number of alternatives compared to the options that were available only few years ago…
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Peter Strebel said the pandemic has taught him a lot about himself and he points to three specific takeaways that have made him a better businessperson…
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Accor opened 288 hotels and resorts and 41,000 rooms in 2021 and plans to debut more than 300 new properties this year.
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I had my first camping experience when I was about 10 years old. My dad, who had a car dealership, acquired a luxurious camper, or what I thought was luxury in 1979…
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