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The travel industry is anticipated to report robust earnings for the quarter ended March 31, 2024 (Q4FY24), driven by significant growth in the hotels and aviation sector. According to brokerage firm Prabhudas Lilladher (PL), the hospitality sector…
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Marriott International, Inc. announced plans to grow its portfolio in Europe through nearly 100 conversions and adaptive reuse projects by the end of 2026, which represent over 40 percent of its overall European development pipeline…
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Employee training and development is very crucial in employee performance and customer satisfaction. In a previous article, I described the connection of Training & Development to Employee Motivation and Customer Loyalty…
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After years of relative quiet in mergers and acquisitions, Hilton is no longer content to sit on the sidelines.
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Germany's Motel One has been placed back in the hands of its founder in a deal valuing the company at 4.1 billion euros ($4.46 billion) and paving the way for plans to take the hotel chain public, it said on Tuesday…
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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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According to Savills latest research, investment volumes for European hotels this year are expected to significantly surpass 2023’s numbers.
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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 U.S. hotel industry notched a big win in the latest jobs data: The American hospitality and leisure sector — which includes restaurants and hotels— is back to pre-coronavirus pandemic levels.
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Only three women made it on Yahoo! Finance’s list of “15 richest hotel owners in the world” (published June 2023), and all three are from the same family – the Pritzkers.
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Mark Hoplamazian, CEO of Hyatt Hotels, believes that India has tremendous tourism potential and the government must work towards increasing the exposure of inbound travellers to the country’s natural resources and history. “It would be great to have…
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This week’s carbon tax increase could be felt in the hospitality industry, according to a couple of hotel general managers in Prince Albert.
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When Ariel Schiff, founder of the trendy Amano hotel group, found the perfect site for his debut UK offering, he did not expect that he would be building it over Zoom.
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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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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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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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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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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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Virgin Hotels is partnering with Autism Double-Checked to offer programs for neurodiverse travelers…
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Two high-end Liverpool city centre hotels that both opened in recent years have been hit with poor food hygiene ratings.
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In a sea of hotel reviews and star ratings, it’s hard to know who to rely upon. Here’s how to get a vetted measure of what you’re in for before a trip.
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The portmanteau “bleisure”—a mashup of “business” and “leisure”—denotes a phenomenon for our time, a time when technology makes it possible to work, even long-term, from locations that can be explored for pleasure when off the clock, often with…
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The Caledonian in Edinburgh is set to reposition itself from a Waldorf Astoria property into a Curio Collection by Hilton hotel this summer following a £35m investment.
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In the space between a hotel room and an apartment building lies a new brand: Mint House. Florida is a sizable growth opportunity, says its CEO.
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