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As the popularity of modular construction in hospitality continues to grow, so does its use in upscale and luxury properties.
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Usually deemed to be bedrocks of nerve and insight, investors also have been on a rocky road through the COVID-19 crisis, but success in real-estate investment in the hotel industry continues to rely on flexibility, constant analyses of strategy and…
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Swiss-based global private markets firm Partners Group, in partnership with Singaporean sovereign wealth fund GIC and Australian hospitality operator Salter Brothers, has agreed to acquire a portfolio of eleven Travelodge hotels in Australia for…
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Europe Is Only World Region With Increase in Hotel Construction…
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Expecting a tidal wave of distressed selling and recapitalizations at 30-50% discounts to pre-COVID values, the private equity industry raised an unprecedented amount of capital in the early months of the pandemic…
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Billionaire casino magnate Sheldon Adelson, whose gambling and hotel businesses turned him into a major political power broker in the US and Israel, has died. He was 87.
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The hospitality industry was battered by Covid-19 in 2020. During the worst part of the pandemic, around 3,000 out of 5,000 of the hotels in Accor Group’s network were closed. Today, almost all of them are open again…
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Operator selection is undertaken by developers and owners for the appointment of the hotel management operator. The process involves candidate identification, screening, and contract negotiations, generally together with the owner's legal counsel…
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As part of its simplification and asset-light strategy, and with the ambition of accelerating its momentum in the fast-growing lifestyle hospitality sector, Accor has signed binding agreements on a new sbe Group’s ownership structure…
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Three of Europe's leading and most respected Revenue Management conferences will come together in early 2021 to deliver an exclusive one-day conference designed to support and unify the revenue management community…
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In the coming months, a true gem of a site in the heart of Hong Kong will be sold. Located in front of its iconic skyline, Site 3 measures 4.76 hectares between Jardine House (the one with the round windows) and the Star Ferry pier…
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Deutsche Hospitality announced the addition of another hotel of its Zleep Hotels brand in Denmarkwith a scheduled opening for fall 2021. The Zleep Hotel Glostrup will be a new building west of Copenhagen…
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Working as a lead expert for Hotel Report, I have the privilege of following great industry professionals over time and learning from their failures and successes. Only access to information and learning can bring Us forward together…
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