Saudi Arabia unveils master plan for Rua Al Madinah project
Saudi Arabia has unveiled the master plan for its Rua Al Madinah Project which will be constructed in the area east of the Prophet’s Mosque.
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Saudi Arabia unveils master plan for Rua Al Madinah project
Saudi Arabia has unveiled the master plan for its Rua Al Madinah Project which will be constructed in the area east of the Prophet’s Mosque.
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Ecolodges in the Middle East: The new big thing
While global interest in ecotourism has been growing at a rapid pace, inflation has also started to shape travel choices…
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OYO ADDS EUROPEAN VACATION RENTALS WITH ACQUISITION OF DANISH OPERATOR
OYO has acquired Bornholmske Feriehuse, a vacation home management company based on the Danish island of Bornholm. Terms of the acquisition have not been disclosed.
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JLL: Hotels finding room for co-living spaces
Hotels are increasingly being turned into co-living spaces in markets where institutional investors are hunting for cheaper alternatives to residential conversions and high rental growth potential, according to JLL…
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International hotel brand penetration in APAC
The hotel supply in Asia Pacific grew rapidly over the past decade and operators keep looking for opportunities by fine-tuning their entry strategies, while owners evaluate affiliating their property/-ies with a brand or not…
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MOLIVING INTRODUCES NOMADIC, POP-UP LUXURY
When Jordan Bem, founder and CEO of Moliving, decided to launch his own hospitality offering, he was looking to introduce a unique concept that no company has been able to master…
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Trend Watch: Thermal Bathing More Popular Than Ever
Hotels and resorts have long led the charge when it comes to creating beautiful, authentic hydrothermal (also known as "aquathermal") bathing circuits, giving guests access to experiences they otherwise might be hard pressed to find anywhere else…
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Radisson advances on growth plans as it establishes regional offices across the world
Building on a strong start to 2022, Radisson Hotel Group continues its ambitious expansion plans in key markets across EMEA and APAC.
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BAZIN REMAINS; ACCOR REORGANIZES GROUPS
Accor on Tuesday announced a restructuring of its hotel portfolio around two dedicated divisions, while the Board of Directors reaffirmed its support of Sébastien Bazin as its chairman and CEO, a position he has held since 2013…
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Radisson Hotel Group plots global growth
Last year, Radisson Hotel Group reported its strongest year of signings ever, and recently announced targets for 2022 to outperform the previous year…
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Dual hotel development set to open in London’s Nine Elms
Investor and developer Dominvs Group has received planning permission from Wandsworth Council for its 837-room dual hotel development in London’s Nine Elms.
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STARTUP STAGE: STAY OPEN TURNS EMPTY BUILDINGS INTO POD HOTELS
Stay Open creates pod hotels in vacant or underutilized office and retail space, while contributing proceeds to help unhoused people. Travelers join Stay Pass, the company’s membership and rewards program, by purchasing an NFT (non-fungible token)…
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CHOICE EXPANDS UPSCALE PRESENCE WITH RADISSON AMERICAS DEAL
Giving it a greater presence in the upscale and core upper-midscale segments, particularly in the West Coast and Midwest of the United States, Choice Hotels International has acquired the Radisson Hotel Group Americas franchise business, operations…
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Hotel of Tomorrow Project unveils seven new concepts
What will hotels of the future look like and how will they function? The Hotel of Tomorrow Project (HOT Project), a global think tank of industry leaders, seeks to answer that question…
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Why Hotels Should Be Worried Now About Looming Stagflation
Stagflation, or a mix of slow growth and high prices, would be an unfamiliar crisis. Even the shrewdest hotel executives and investors would need to be on guard.
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Europe’s hotel construction pipeline sees slight decline
According to the most recent Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Europe ends 2022’s first quarter with 1,781 projects/277,290 rooms. An 8% decrease by projects and an 11% decrease by rooms year-over-year (YOY)…
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China’s hotel construction pipeline hits record high
According to the latest Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of Q1 ‘22, China’s total hotel construction pipeline reached record high project and room counts, standing at 3,711 projects/704,101 rooms and up…
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A New Mandarin Oriental Hotel Is Coming to London Before the End of the Year
Located in historic Hanover Square, the Mandarin Oriental Mayfair will house 50 rooms and suites, an 80-foot pool and more.
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MGM acquires operations of The Cosmopolitan for $1.625B
MGM Resorts International has closed on its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas for cash consideration of $1.625 billion…
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THE CASE FOR URBAN, BIG BOX HOTEL INVESTMENT
The question of the day for many hotel investors is, “Where do we go next?”
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BUYING INTO A REBOUNDING MARKET
Capital seeking reasonable returns is in love again with the recovering hotel business. However, the issue for anxious buyers is a lack of appealing assets on the market…
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IHG Announces Major Hotel Development Agreement Across Northern Europe
IHG Hotels & Resorts today announces the extension of its multi-property development agreement for the DACH region (Germany, Austria and Switzerland) and expands the growth ambition to Italy and Poland…
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Accor announces global launch of its All-Inclusive Collection
Accor, a global hospitality leader, today announced that it is accelerating its expansion in the all-inclusive market with the launch of its multi-branded All-Inclusive Collection – an attractive offering that will see the Group double down on this…
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Marriott International celebrates its 1,000th hotel in Europe, Middle East and Africa
Marriott International, Inc. has celebrated the launch of The Westin London City, its 1,000th hotel in Europe, Middle East and Africa (EMEA)…
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