Rotana opens ninth hotel in Saudi, near to this famous causeway
Hotel management company, Rotana, has opened its ninth hotel in Saudi Arabia, in the city of Al Khobar which is connected to Bahrain via the 25km King Fahd Causeway.
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Rotana opens ninth hotel in Saudi, near to this famous causeway
Hotel management company, Rotana, has opened its ninth hotel in Saudi Arabia, in the city of Al Khobar which is connected to Bahrain via the 25km King Fahd Causeway.
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Shangri-La pares losses; hotels, mall, and apartments generating billions
Hong Kong-based luxury hotels owner and operator Shangri-La Asia Ltd, which owns hotels in Colombo and Hambantota, and a mall and apartments on Galle Face, has reported a US$1.9 million loss for the year ended December 31, 2023…
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Hotel vs. office: Different challenges in commercial to residential conversions
Two potential solutions to the housing shortage comes in converting underutilized spaces like hotels and office buildings. However, each conversion type faces unique challenges and should be tackled accordingly…
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LE to present hotel development pipeline data at Hotec Ops
Bruce Ford, SVP and director of global business development at Lodging Econometrics, will present a U.S. hotel development pipeline overview with forecasts at the Hotec Operations 2024 event.
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Dolce & Gabbana unveils debut real estate project 888 Brickell Condo Hotel
Dolce & Gabbana unveiled on Wednesday its first real estate project and condo hotel in the U.S., in collaboration with developer JDS Development Group.
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Hilton CEO Chris Nassetta Talks Hotel Pipeline, Loyalty, and More
In a recent interview, Hilton CEO Chris Nassetta discussed the hotel giant's record-breaking year for hotel development, the drivers behind its loyalty program's growth, and how it's trying to tame its carbon emissions…
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Big hotel chains and unbranded-hotel owners find they need each other
Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed the hospitality industry, slowing down new hotel construction…
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Radisson to scale up Morocco portfolio, aims for 25 hotels by 2030
Radisson is looking to accelerate its presence in Morocco and aiming to scale up its portfolio to 25 properties across the country by 2030. The company currently has 11 hotels in operation and under development…
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Premier Inn to create underground hotel in London
Budget hotel brand Premier Inn is to convert a subterranean car park in central London into a 207-room property.
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Hotstats Hotel Market Report - Saudi Arabia: UAE Rivalry Brewing
It is no secret that The Kingdom of Saudi Arabia is changing. Over just the past five years the change has been staggering, both socially, and politically as well as a dramatic shift in its economic vision…
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German Hotel Investment Market In The Doldrums In 2023, But Positive Signals For 2024
Cushman & Wakefield recorded a total transaction volume of EUR 1.5 billion for the hotel segment in 2023. This corresponds to a decline of around 23 percent compared to the previous year and is the lowest result of the past eleven years, falling…
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7 trends the hospitality industry should be talking about today and tomorrow
It’s been a choppy ride for the hospitality industry from the onset of the COVID-19 pandemic to the present. While most markets have regained a positive footing, there are several key changes.
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Scandic Go plans to open a third hotel in Oulu in 2025
Scandic continues to expand with the opening of a new 144-room Scandic Go hotel in Oulu, Finland in 2025…
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Marriott partners with Vasilakis to launch JW Marriott brand in Greece
US-based hospitality company Marriott International has signed an agreement with Greek conglomerate Vasilakis to launch the JW Marriott brand in Greece.
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Affordable ‘digital nomad’ hotel brand set to expand across Australia
DOMA Group, the Canberra development company that influenced the capital’s hospitality landscape when it opened its game-changing Hotel Realm, is setting its sights nationally – Little Nationally in fact…
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Five-Star Venice Hotel Is a Glimmer of Hope for Signa Prime Creditors
A five-star hotel in Venice might just be one of the best chances for creditors of its insolvent owner, Signa Prime Selection AG, to recoup some of their losses.
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Revitalization of hospitality industry sparks investor interest
The 4-star Tmark Grand Hotel in Myeongdong, Seoul, originally served as an office building for an electric wire company. The building was then renovated into a hotel in 2016 to accommodate the rising number of Chinese tourists in Korea…
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The great hotel conversion trend
We are seeing an exciting increase in hotels enhancing shopping malls and high streets and saving empty office buildings. This in turn is helping to uplift the local community.
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