Blackstone evaluating potential hotel buys in ₹300-400 cr range
Even with the pricey valuations, sources told businessline that the asset manager was actively pursuing opportunities and an acquisition was likely this year
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Blackstone evaluating potential hotel buys in ₹300-400 cr range
Even with the pricey valuations, sources told businessline that the asset manager was actively pursuing opportunities and an acquisition was likely this year
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Americans are buying up Britain from right under our noses. Here's why
Steadily the US has taken ownership of thousands of British businesses and brands, while in our daily lives we have become dependent on US suppliers
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Guesty, a leading software platform for property management in the short-term rental (STR) and hospitality sector, has announced a Series F funding round of $130 million. The round was spearheaded by KKR, a global investment firm, with Inovia…
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How Hotels Can Leverage Financial Integration to Boost Efficiency and Profitability
Within a hotel organization’s finance and accounting departments, the importance of system integration cannot be overstated. Ensuring that all elements of the tech stack complement each other’s capabilities not only streamlines critical property…
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A third of people have switched hotel rooms due to ‘bad air’
New research has uncovered the significant influence of air conditioning and ventilation on top-tier hospitality experiences, emphasising the vital role of air as a wellness trend gaining traction within the industry…
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Dissecting the challenges of menu innovation in 2024
Operators are doing fresh takes on menus, ingredients, and trends this year, however some things remain the same.
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Graduation weekend means sky-high hotel rates
The graduation weekend for Florida A&M University and Florida State University is May 4-5. This promises to be a jam-packed weekend in Tallahassee, especially for hotels.
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Savannah Convention Center Gets Boost to Bond Capacity for Hotel
The Savannah-Georgia Convention Center Authority, just wrapping up a $276 million expansion, is now set to tap the municipal market to finance a new hotel, thanks to legislators’ move to boost the agency’s bonding capacity…
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2024 investment volumes for European hotels to be significantly ahead of last year, says Savills
According to Savills latest research, investment volumes for European hotels this year are expected to significantly surpass 2023’s numbers.
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Canelles Resort Development set to boost Saint Lucia's tourism sector
Les Khan, CEO of Caribbean Galaxy Limited, has provided insightful details about the eagerly anticipated Canelles Resort and Spa Development in Saint Lucia.
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Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands
Choice Hotels International, one of the world's largest lodging franchisors, announced today that it has promoted Judd Wadholm to Senior Vice President and General Manager, Core Brands. A nearly 17-year veteran of Choice Hotels International and…
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Chris Franzen has been appointed Managing Director at Bürgenstock Hotels & Resort Lake Lucerne
Chris Franzen, an experienced international hotelier, has been appointed as the new Managing Director of the Bürgenstock Resort Lake Lucerne, Switzerland, starting on 1st April 2024. Stepping into this new role, he succeeds the current Acting…
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AAHOA updates 12 Points of Fair Franchising in wake of acquisitions
At last week’s AAHOACON24, AAHOA announced a revision to its 12 Points of Fair Franchising. The revision specifically targeted Point Number 12: Sale of the Franchise System Hotel Brand(s).
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Track This Hotel Launches Service to Help Travelers Save on Hotel Bookings
Today, Track This Hotel announced the launch of its platform to help travelers manage hotel booking costs more effectively. By monitoring hotel rates after booking, the service alerts users to potential savings, offering a practical solution in a…
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Europe's premier Evian Spa unveiled at Hôtel Royal in France
Europe’s first Evian Spa has opened at the five-star Hôtel Royal in Evian-les-Bains, France – the birthplace of the mineral water brand Evian.
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Five-star hotel yachts vs luxury cruising: Who will come out on top?
The luxury cruise space is about to get more crowded with the addition of high-end hotel brands launching sleek new yachts.
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The World’s 50 Best Hotels returns to London, UK, for its 2nd Edition in September 2024
Following its debut last year, The World’s 50 Best Hotels will return again to London, UK, in September 2024 with a multi-day event programme culminating in the industry’s most highly anticipated annual awards ceremony on Tuesday 17 September 2024…
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Michelin Picks 24 Top Hotels in France in First-Ever Ranking
The Michelin guide awarded its first honors for hotels, giving just 24 establishments in France the highest three “keys” rating.
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