Surge in pent-up demand drives rise in occupancy rates and room rates. The proportion of midrange and prime hotels, which are more profitable, is up after budget brands took the brunt of pandemic closures, analysts say…
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Surge in pent-up demand drives rise in occupancy rates and room rates. The proportion of midrange and prime hotels, which are more profitable, is up after budget brands took the brunt of pandemic closures, analysts say…
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Doyle hotel group reports surge in profits due to ‘steady growth’ in business post Covid
Profits and income almost trebled for the Doyle Collection during 2022 as pandemic-related lockdown restrictions were lifted at its hotels in Ireland, the UK and the US…
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Rapid Expansion of Hotels in Athens Signals Growing Tourism Boom
New hotels are growing rapidly in Athens, particularly in the historic centre. In an area encompassing Koukaki, Syntagma Square, Omonia, and Monastiraki, there are now over 350 hotels boasting more than 30,000 rooms…
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Hurtigruten Partners With Arctic Umiaq Line On Greenland Tourism
Hurtigruten Norway is expanding its presence outside Norway for the first time, leveraging its expertise to create a unique travel experience in one of the world’s most exciting destinations, Greenland…
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9 Undeniably Cool Retro Hotels Step back in time to googie and roadside architecture
Though the ’50s and ’60s have long passed, retro hotels across the country keep the spirit of the atomic age alive and thriving…
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1 HOTELS LAUNCHES LONDON'S FIRST NATURE-DRIVEN HOTEL EXPERIENCE
1 Hotels, the nature-inspired mission-driven hotel brand founded by hospitality visionary Barry Sternlicht, announces the official opening of 1 Hotel Mayfair, its UK flagship and first European destination, developed in collaboration with Crosstree…
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Singapore’s CapitaLand sells Parramatta, North Ryde hotels for $109m
Singaporean real estate giant CapitaLand has sold two Sydney hotels that form part of its $9 billion listed CapitaLand Ascott Trust for $109 million to local investors Frank and Wade Huang as it recycles capital into higher yielding investments…
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Designing Moxy Tromsø around mountains and the Northern Lights
Moxy Tromsø was designed to encourage guests to look up and out – towards Norwegian mountains and fjords…
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