Spotlight shines brighter on algorithmic price-fixing
After a series of lawsuits, newly expressed interest in a case by the DOJ and FTC could signal more scrutiny over alleged hotel pricing collusion.
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Spotlight shines brighter on algorithmic price-fixing
After a series of lawsuits, newly expressed interest in a case by the DOJ and FTC could signal more scrutiny over alleged hotel pricing collusion.
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A man’s bizarre scheme to take over a hotel had the makings of an only-in-New-York story
I first heard of Mickey Barreto a few hours after he was arrested early on Valentine’s Day this year. He had been arraigned in a Manhattan court in what prosecutors said was a blatant, persistent scheme to take ownership of the once-grand New Yorker…
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Tokyo's Sezanne reigns supreme as Asia's best restaurant
The best restaurant in Asia is Sezanne in Tokyo, according to this year’s Asia’s 50 Best Restaurants list, announced in Seoul on March 26.
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Empty Roads and Spewing Lava: 4 Months Into Iceland’s Eruptions
Volcanic eruptions are continuing in the Reykjanes Peninsula in Iceland. Streets are empty and the Blue Lagoon resort remains closed.
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Global chains are driving a boom in Africa’s hotels
The world’s largest hotel chains, including multiple American majors, are behind the rising number of newly planned hotel and resort projects in Africa.
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Increased investor interest spur property deals particularly for hotels
KUALA LUMPUR: Increased investor interest is leading to an increase in property deals, particularly for assets such as hotels in the hospitality industry.
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East Manatee County golf-hotel-residential project underway
COVID-19 delayed but didn't derail a unique golf-resort project in one of the fastest growing parts of the region. "This (area) is where everything is happening," the project executive says.
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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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Delray’s Seagate hotel, beach club to lay off workers as owner ramps up remodeling project
The decades-old Seagate Hotel & Spa and an affiliated beach club are laying off 69 employees as the two locations prepare for a “major remodeling” at both sites, according to a filing by the properties’ management with the state of Florida…
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IIHM INSTITUTE OF HOSPITALITY SKILLS (IIHS) OPENS LARGEST TRAINING CENTRE IN UDAIPUR
IIHM Institute of Hospitality Skills (IIHS), India's largest training centre affiliated with the Tourism and Hospitality Skill Council (THSC), proudly announces the grand opening of its state-of-the-art facility in Udaipur today…
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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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Metaverse mapping: Blockchain’s role in building virtual hotel realities
The blockchain industry is experiencing exponential growth, with a compound annual growth rate (CAGR) of 56.3%, poised to reach an impressive $163.83 billion by 2029.
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Hotel chain eyes Taylor Swift and AC/DC boost after record revenue
Travelodge has said it could see a boost from Taylor Swift and AC/DC concerts this summer after it posted record revenues for last year.
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Hotels are cashing in on boom in multi-billion dollar sleep tourism industry
Hotels are cashing in on a boom in the multi-billion dollar sleep tourism industry with a host of high-tech room features promising a dream vacation.
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Punch Bowl Social plans growth with two acquired concepts
The eatertainment chain plans to grow a karaoke brand and an immersive art experience. Needless to say, both have cocktail bars.
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Iberostar achieves 12% reduction in emissions globally
Iberostar Hotels & Resorts is moving toward carbon neutrality by 2030, a milestone it aims to reach 20 years ahead of the global target set by the industry. In 2023, compared to 2019, Iberostar reduced its Scope 1 and 2 emissions by 12% globally: 6%…
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Largest Hotel Chains in the World by Number of Properties, 2024
The CEOWORLD magazine team conducted a thorough analysis of hotel data to identify the largest hotel chains in the world based on the number of properties they have. To determine the biggest hotel brands, the team used the total number of properties…
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