The UK's hotel market in 2025 is set to navigate a complex interplay of encouraging tourism growth and burgeoning operational costs. Although the anticipated boost in inbound tourism offers promise, rising expenses and subdued domestic demand present significant hurdles. Despite global economic
Bandung, Indonesia, is set to welcome a new addition to its hospitality scene with the opening of the Voco Bandung Setiabudi Hotel in 2025. This new venture is a collaboration between IHG Hotels & Resorts, PT Sun Land Investama, and Nova Chandra. The hotel promises to enhance the city's appeal to
The global hotel and travel industry has experienced a substantial resurgence, marked by a 10.2% increase in revenue per available room (RevPAR). This impressive growth has been driven by higher occupancy rates and average daily rates (ADR), with Mexico standing out as a significant contributor. A
The latest announcement from the Indian Hotels Company (IHCL) about the opening of a new Ginger hotel in Chakan, Maharashtra, has sparked significant anticipation within the hospitality industry. This venture, a collaboration with the Bhansali Landmark Group and the Hermes Group, is set to further
Hilton has announced an ambitious plan to expand its luxury portfolio by opening its first LXR Hotels & Resorts property in China, scheduled for 2027 in Xi'an. This strategic move, in partnership with Zhong Ding Guo Sheng, underscores Hilton's response to the growing demand for personalized luxury
In a significant move for South Florida's hospitality industry, two of the region's most iconic resorts, the Fontainebleau Miami Beach and JW Marriott Miami Turnberry Resort & Spa, have secured substantial refinancing deals. Newmark Group, a leading commercial real estate advisor, facilitated these
