Finance and Development, Markets
November 10, 2023
Hotel News ResourceA total of 621 deals* were announced in the travel and tourism sector globally during January-October 2023, which was a decline of 31.8% compared to the announcement of 911 deals during the same period in the previous year, finds GlobalData. […]
November 9, 2023
Hospitality DesignAtlantis Paradise Island recently unveiled Paranza, a fine dining experience by Michelin-starred chef Michael White. A culinary love letter to Italy, the restaurant introduces innovative Italian regional cuisine to the Cove, the Bahamas resort’s all-suite retreat. Paranza—meaning small fishing boat […]
Finance and Development, Real Estate
November 9, 2023
Hospitality DesignThe Kimpton Grand Roatán Resort & Spa opened its doors last month on the West Bay Beach of Roatán island. The Caribbean resort houses 119 guestrooms, suites, and condos, four restaurants and bars, a spa, and nearly 6,000 square feet […]
Finance and Development, Trends
November 8, 2023
Hotel News ResourceIn our previous article, we shared insights and advice from global hospitality experts on how to make the 2024 hotel budget process as smooth and painless as possible. Here, we share five ways to improve budget accuracy and performance in […]
November 8, 2023
Hotel News ResourceTechnology is an integral part of modern travel, influencing everything from trip planning, communication, transactions and beyond. The tourism and hospitality industry is rapidly evolving due to digital advancements. Guests now expect a high level of digital maturity from service […]
Finance and Development, Trends
November 7, 2023
Hotel News ResourceConsumers around the world are “prioritising” leisure travel for their discretionary spend, leading to a positive post-pandemic outlook for the global tourism industry, reveals new research. The WTM Global Travel Report, in association with Oxford Economics, is launched today at […]
Finance and Development, Real Estate
November 7, 2023
Hotel News ResourceAccor takes another step towards franchise expansion and signs a contract for a new venture in Sorriso, Mato Grosso, Brazil. This will be the ibis Styles brand’s first hotel in the city, scheduled to open in 2027, with an architectural […]
Finance and Development, Real Estate
November 6, 2023
Hotel News ResourceThis October, Tru by Hilton, Hilton’s (NYSE: HLT) midscale brand, welcomed new hotels in North Carolina, South Carolina, Texas and Virginia. Together, the five new Tru by Hilton locations in the U.S. have pushed the seven-years-young brand past a milestone […]
November 6, 2023
Hotel News Resource1 Hotels announces the official opening of 1 Hotel Mayfair, its UK flagship and first European destination, developed in collaboration with Crosstree Real Estate Partners. Located on a fashionable corner of historic Mayfair overlooking the mature trees of Green Park, […]
November 3, 2023
Hospitality DesignThe HD Awards ceremony moves to Vegas, Momofuku Ko will serve its last meal tomorrow, and the once-celebrated WeWork is expected to file for bankruptcy. All that and more in this week’s Five on Friday. A public park in Memphis […]
November 3, 2023
Hotel News ResourceFour Seasons Hotel Nashville has appointed Sunil Narang as General Manager. Narang has been with Four Seasons for more than 27 years, leading properties for the renowned hotel brand across the world. Before joining Four Seasons Hotel Nashville, he most […]
November 2, 2023
Hospitality Design1 Hotel Central Park, which debuted in 2015 as the first New York hotel in the pioneering, sustainable luxury lifestyle brand founded by Barry Sternlicht, recently unveiled the Park Penthouse. Spanning 2,871 square feet with 1,201 square feet of outdoor […]
November 2, 2023
Hotel News ResourceHotelogix, a globally leading cloud-based hospitality technology provider, said that Mango Hill Hotels in India has adopted its multi-property management system to manage group operations, including reservations and online distribution centrally. It also states that the group is eyeing on […]
Finance and Development, Markets
November 1, 2023
Hotel News ResourceSaudi Arabia Sovereign Wealth Fund PIF to acquire 49% stake in Rocco Forte Hotels Saudi Arabia’s Public Investment Fund (PIF) is close to acquiring a 49% stake in Rocco Forte Hotels, valuing the stake at approximately €1.5 billion. Sir Rocco […]
Finance and Development, Trends
October 31, 2023
Hotel News ResourceAs the leading provider of comprehensive global air travel intelligence, ForwardKeys is delighted to release the 2023 Global Travel Trends Report. The report examines the emerging patterns of global tourism and evolving traveller behaviour that have shaped the industry through […]
October 30, 2023
Hospitality DesignKimpton Hotel Theta, managed by Highgate, recently opened its doors in Manhattan’s Theater District. The new IHG property is inspired by Theta brain waves (associated with self-reflection and meditation) as well as derives its name from the Greek alphabet’s eighth […]
Finance and Development, Trends
October 30, 2023
Hotel News ResourceThe 2020 COVID-influenced lodging industry recession resulted in some noticeable changes to the way hotels provide food and beverage (F&B) service. Social distancing regulations forced operators to be creative in the way they served food and beverages to guests. Rising […]
October 27, 2023
Hospitality DesignThe Fontainebleau inches toward its Las Vegas opening, new Airbnb regulations in New York may not boost hotel profits, and the World’s 50 Best Bars are announced. All that and more in this week’s Five on Friday. The $3.7 billion […]
October 27, 2023
Hotel News ResourceBrittain Resorts & Hotels (BRH), a leading full-service hospitality management company, has adopted SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, as part of its newly-announced business intelligence technology matrix. The matrix, […]
October 26, 2023
Hotel News ResourceHilton (NYSE: HLT) announced the expansion of its franchise model in Greater China into the upscale full-service segment, with the inclusion of its award-winning DoubleTree by Hilton brand. The company announced 19 new franchise projects across its Hilton Garden Inn […]