Hotel chains' earnings updates set to indicate UK travel and hospitality demand
Whitbread, which owns Premier Inn, as well as food brands including Beefeater and Bar + Block, will report its half-year results on Wednesday…
read more
Hotel chains' earnings updates set to indicate UK travel and hospitality demand
Whitbread, which owns Premier Inn, as well as food brands including Beefeater and Bar + Block, will report its half-year results on Wednesday…
read more
Perfect Storm - Llandudno 'spy hotel' on market for £2.4m during 'craziest time' in living memory
Through canny management, its owner is standing up to economic headwinds. But times are tough for him and tough for the sector…
read more
International Hotel Investments (MTSE:IHI) Is Finding It Tricky To Allocate Its Capital
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in trouble…
read more
Many opportunistic investors focused on hotels and higher-yielding residential opportunities such as long-stay hotels, serviced apartments and student housing, Couse said. "People are diversifying their portfolio."…
read more
Accor, Hilton, IHG, Marriott & Radisson Form Procurement Alliance
Accor, Hilton, IHG, Marriott, and Radisson have formed with two procurement organizations, Avendra and Entegra, a Hospitality Alliance for Responsible Procurement (HARP)…
read more
Resort real estate developers struggle to survive tough times
Many resort real estate firms are in distress as resorts receive few guests amid signs of resort oversupply…
read more
Dubai Party Hotel Operator Five Plans IPO in City in 2025
FIVE Holdings chairman says long-term goal is an IPO and would list in Dubai, and possibly in London too…
read more
Intercontinental Wealth Advisors LLC, a renowned institutional investor, revealed in its recent disclosure to the Securities & Exchange Commission (SEC) that it has acquired a new position in Choice Hotels International, Inc. (NYSE:CHH)…
read more
Värde Partners Lends $58M on Houston Hotel Acquisition
Stockdale Capital Partners has sealed $58 million of acquisition financing to purchase a Houston hotel adjacent to Texas Medical Center (TMC), Commercial Observer has learned…
read more
Airbnb Inc. CEO Brian Chesky hasn’t had an easy 2023. First there was the “Airbnbust" frenzy in March, in which hosts took up arms on Twitter (now X) about shrinking profit margins and a potential short-term rental bubble…
read more
Booking.com owes Danish hotels 'millions of kroner'
Denmark's hospitality trade body Horesta has given the online hotel site Booking.com two days to pay payments owed to some 200 hotels and bed and breakfasts in the country, after which it is threatening legal action…
read more
Conroe leaders say $107M Hyatt hotel won't see a profit for years, calling project a 'money pit'
Financial questions around Conroe's new $107 million Hyatt Regency Hotel and Conference Center continue to linger with council members calling the facility a “money pit” and revenue projections for 2024 unrealistic.The hotel and convention center…
read more
Caesars And MGM: Cybersecurity Issues Derail Shares Of Casino Names
It would be a nightmare for any large publicly traded American company but imagine the effects of a cyber attack on the security of major casino/resorts based in Las Vegas…
read more
ITC's hotel business will not need significant capital raise, says CMD Sanjiv Puri
ITC CMD Sanjiv Puri said that the hotel business will have no debt and it will be able to fund its expansion over the next two to three years…
read more
Denmark’s record visitor levels backed by US$1.6 billion high end hotel investment
Denmark’s tourism industry has bounced back to record levels, post-pandemic, which has helped to attract nearly US$1.6 billion in upper segment hotel financing, according to the latest THP information…
read more
Softer Leisure Demand, Mix Shift Pressure U.S. Lodging Fundamentals
Fitch Ratings-New York-20 September 2023: U.S…
read more
The Dutch hotel market has largely recovered from the corona crisis, the occupancy rates have not yet fully recovered, but are improving strongly. Partly due to high inflation, average room prices have risen to record levels…
read more
US hotel loan defaults could rise on falling leisure stays, climbing costs
U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs are expected to pinch their profits…
read more