Resorts withdraw connector lift proposal
Vail Resorts-owned Stowe Mountain Resort and privately-owned Smugglers’ Notch Resort had been in discussions with the state since 2017 about a proposal to build a 2,600-foot connector lift…
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Resorts withdraw connector lift proposal
Vail Resorts-owned Stowe Mountain Resort and privately-owned Smugglers’ Notch Resort had been in discussions with the state since 2017 about a proposal to build a 2,600-foot connector lift…
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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."…
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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…
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Novotel to Open 370 Room Hotel 2024 in Valencia, Spain
Novotel is entering Valencia with a new flagship hotel in the Turia Garden, a strategic area of the city between the historic center and the Palacio de Congresos. The hotel will convert from the former Expo Hotel Valencia…
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The dragon awakes – inside Hotel Draken
Award-winning Swedish design agency, Stylt, has designed Hotel Draken by drawing inspiration from its natural ties to local culture… Situated in the classic cultural quarter near Gothenburg’s harbour, Stylt has designed Clarion Hotel Draken as the…
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Hola! See 12-level $140m block rise. US hotel brand La Quinta debuts in Auckland
A new American hotel brand with a Spanish name, La Quinta, made its Auckland debut this week opening operations from a purpose-built 12-level 274-unit $140 million hotel, apartment and office project near the Penrose motorway…
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Miller Global Sells Canopy by Hilton Scottsdale Old Town Hotel in Arizona for $102M
SCOTTSDALE, ARIZ. — Miller Global Properties has completed the disposition of Canopy by Hilton Scottsdale Old Town, located at 7142 E. 1st St. in Scottsdale…
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Whitbread planning hotel development next to London’s Fenchurch Street station
Whitbread has announced plans for its latest City of London hotel, following the acquisition of an office building next to Fenchurch Street station…
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Vancouver’s hotel shortage piques investor interest
Driven by a remarkably strong and sustained rebound in tourism and overnight visitors, Canada’s hotel industry smashed records for average room rates in May, June and again in July, according to CoStar, a global provider of real estate data…
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Hotel Renovation Trends: Stylish, Custom & Connected - By George Rendell
Keeping 2023 property improvement (plan) projects on target requires creative procurement, realistic scheduling, and wherever possible, going local…
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Icelandic Investors Eyeing Luxury, Health and Wellness Tourism
The performance of the island’s vibrant tourism sector continues to attract the attention of global investors as a team from Iceland will be visiting Jamaica in January 2024…
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An unusual Four Seasons backstory
Hotel development typically follows a straightforward business narrative: The owner, often a real estate investment group, shops for a brand that makes sense for the location and property attributes. A deal is struck, and a flag is raised…
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The Hospitality Industry Makes Strides in Sustainability
A sustainability playbook is starting to emerge, but will hospitality brands keep up? What does sustainability look like when viewed through a hospitality lens? Many hotel brands around the world are looking inward—thinking hard about who they are…
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US$1 million investment earmarked for new Israeli glamping complex
Israeli organisations, the Tamar Regional Council and the Dead Sea Economic Company, plan to transform a once-popular solarium spa in Ein Bokek into a glamping site…
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Crafting luxury: The art and science of hotel and resort design
In today’s ever-evolving travel landscape, the concept of luxury has undergone a profound transformation…
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NEW YORK: Dirty and crowded — and surrounded by police, both in uniform and plain clothes — this is how once a swanky New York hotel, Roosevelt, now looks: a shelter for homeless refugees…
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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…
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Warner Leisure Hotels to grow to 18 properties with £100m investment
Warner Leisure Hotels has acquired two hotels, including its first ever Scottish property, amid an expansion push for the 16-strong hotel group…
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It’s Time To Look Seriously At Sustainable Design In Commercial Developments
A proposed hotel complex on Florida’s Treasure Coast could serve as a model for environmental sustainability…
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Wyndham gets Grand project in Georgia
Wyndham Hotels & Resorts has signed for a co-located Wyndham Grand hotel and residences on Georgia’s Black Sea coastline.
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Hotel transaction volumes in India in H1 2023 stands at USD 175 million: JLL
This was disclosed in JLL’s Hotel Investment Trends – H1 2023 report…
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Upscale hotels tap into Kyushu’s potential to lure wealthy tourists
Luxury hotels are increasingly opening around Kyushu on expectations that wealthy tourists will flock to Japan’s main southern island…
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Agnieszka Dąbrowska on the first Handwritten Collection hotel in Poland
We invite you to the inauguration of the eighth season of Eurobuild FM! We were one of the first journalists to visit the interior of the first Handwritten Collection hotel in Poland…
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MGM casino-resort project in Japan closes certification with signed agreement
MGM Resorts says its plan for a new casino-resort in Japan took another step forward after signing an implementation agreement for the development this week…
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