Marriott International, Inc…
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Marriott International, Inc…
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Hotel development is a complex undertaking. It requires little of the skills to operate and monetize the asset. Owners and architects are often ill-equipped to measure up the requirements for running a successful hotel a few years down the…
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Hotel Industry Leader Jim Petrus Launches Petrus Hospitality Advisors
A New Consultancy Providing Asset Management And Strategic Guidance For Developers, Owners And Operators
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What’s Happening at The Hotel Show, 4-6 June at Dubai
The Hotel Show 2024 is fast approaching, with the organizers announcing the participation of 28 countries.
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Reuben Brothers plan $2B Puerto Rico project with Aman, Mandarin Oriental and Rosewood hotels
The Reuben Brothers are planning a massive $2 billion oceanfront luxury resort in Puerto Rico.
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China hotel chain H World begins foray into Thailand
H World Group, a Chinese company operating more than 9,000 hotels at home, will develop markets in Southeast Asia with an eye toward establishing a global chain based on its proprietary platform for reservation and customer management…
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India’s Hospitality Industry Booms
Global chains expand, spiritual tourism surges, analysts bullish on growth India’s hospitality industry currently valued at around $24 billion is experiencing robust growth and is projected to reach around $31 billion over the next five years…
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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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When will the Strip see another new hotel-casino?
It seemed like giant ceremonial scissors got plenty of use on the Strip in recent years…
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Court challenge brought against hotel development planned near historic Dublin building
A High Court challenge has been brought against An Bord Pleanála's decision to grant permission for a hotel and office development close to the historic Royal Hospital Kilmainham building.
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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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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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Wynn and Related unveil renderings of proposed Hudson Yards casino development
Wynn Resorts and Related Companies have unveiled plans for the next phase of development at Hudson Yards, which includes a proposed resort and casino.
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€38m geothermal spa and leisure centre to revitalise Croatian city of Bjelovar
A multi-million-euro geothermal spa and leisure centre, called Terme Bjelovar, is scheduled to open in the Croatian city of Bjelovar in Q3 of 2025.
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Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S…
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Strawberry is entering a new market - first hotel in Turku, Finland
Strawberry continues their expansion on the Finnish market. In autumn 2028, a new full-service hotel will open in one of Finland's, biggest development projects at the moment, Ratapiha Arena. The area is located in the middle of the city…
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Talaat Mostafa's ICON completes acquisition of 7 Egyptian state-owned hotels
Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement…
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Baltimore Hilton hotel faces ‘catastrophic structural failures’ if pipes aren’t fixed
The plans called for copper. Instead, steel was used. Now, the city-owned Hilton Baltimore Inner Harbor hotel claims it could face “catastrophic structural failures” if the hotel doesn’t replace its pipes…
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