European Hospitality Industry Faces Looming 'Chain-Ification'
Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
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European Hospitality Industry Faces Looming 'Chain-Ification'
Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
read more
Genting open to casino resort development in UAE, says its chairman
SINGAPORE – Genting Group chairman Lim Kok Thay said the conglomerate is open to pursuing the development of integrated casino resorts (IR) in the United Arab Emirates (UAE), which is looking into legalising gambling…
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Accor Nears Deal to Buy Luxury Hotel Brand Habitas
Accor SA is in advanced talks to acquire luxury hotel brand Habitas, which traces its roots to camps at the Burning Man festival in the Nevada desert, according to people with knowledge of the matter.
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Hyatt CEO foresees India as the second-largest market in 30-40 years: here’s why
Mark Hoplamazian, CEO of Hyatt Hotels, believes that India has tremendous tourism potential and the government must work towards increasing the exposure of inbound travellers to the country’s natural resources and history. “It would be great to have…
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IHG Remains its Growth Momentum in Greater China with 24 New Signings
IHG expands its high-quality hotel solutions in the region with exciting new locations and franchise projects.
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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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IHG leads midscale hotel market with over 150 new openings and 300 signings globally in 2023
IHG Hotels & Resorts (IHG) is kickstarting the annual HUNTER Hotel Investment Conference by highlighting its dominant position in the midscale hotel market. The company’s growth in development is riding high on the back of a triumphant 2023, a year…
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Accor, Marriott, and Hyatt Set New Benchmarks in Booming Apartment Hotel Market
As per HTF Market Intelligence, the market for Global Apartment Hotel during the forecast period 2024-2030 will see a CAGR of 22.5%. The recent Released Apartment Hotel Market Research evaluates the growth potential of the coming days in terms of…
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Hilton has a pair of new hotel brands that are sparking travelers’ interest
With its new Spark and LivSmart Studios hotel brands, Hilton is one of the most innovative travel and hospitality companies of 2024.
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Numa expands into UK with London hotel acquisition
European hospitality property specialist Numa Group is expanding into the UK with the acquisition of a Central London asset in partnership with New World Hospitality.
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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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Turning Tables - The Ritz-Carlton Opens a New Hotel and Restaurant in Oregon
The luxury hotel company makes its Pacific Northwest debut in Portland; plus, San Francisco restaurateur Shelley Lindgren brings a new wine program to Anguilla’s Malliouhana Resort.
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Israel’s Leading Hotel Chain Expands Internationally
Israel’s leading hotel chain Isrotel has announced the opening of their first hotel outside of the country. The brand, under a new division called ALUMA, meaning “ray of light” in Hebrew, will open its Skylark Hotel in Athens, Greece next month…
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How a Thai luxury hotel brand is conquering Italy
At last count, Anantara and its sister brands have more than 60 hotels operating under multiple brands, including Tivoli, NH Collection, NHOW, Avani Hotels and NH Hotels in Italy…
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The July Hotels planning properties in London, Dublin and Lisbon
Amsterdam-based CityID Group has announced plans to rebrand as The July Group, alongside the creation of new hotel collection The July Hotels…
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IOGR Group Aiming to Acquire Multi-room Hotel Units as Part of Expansion
As part of its ongoing expansion plan, IOGR Group, owner of Greek airline Sky Express, announced that it would be acquiring multi-room hotel units at destinations with air connectivity…
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Forbes: Asia’s billionaires ramping up hotel investments in Singapore
At least 10 billionaires, including the likes of Hong Kong’s Pansy Ho and Indonesia’s Sukanto Tanoto, are now investing more than S$6 billion (US$4.4 billion or RM20.57 billion) to build new hotels and expand their operations across the city state…
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Hyatt Strengthens Luxury and Lifestyle Growth With Strategic Expansion Across the Americas Region
Hyatt brands enter new markets, recent acquisitions broaden offerings for the industry’s fastest growing loyalty program - Hyatt Hotels Corporation (NYSE: H) continues to strategically grow its luxury and lifestyle brand footprint with a strong…
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