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Arabia Hotels, an affiliate of Arabia Holding, has declared the start of the Fairmont Hotel’s construction within the expansive Sun Capital development situated in Cairo’s western region.
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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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Global chains expand, spiritual tourism surges, analysts bullish on growth India’s hospitality industry currently valued at around $24 billion is experiencing robust growth and is projected to reach around $31 billion over the next five years…
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Bruce Ford, SVP and director of global business development at Lodging Econometrics, will present a U.S. hotel development pipeline overview with forecasts at the Hotec Operations 2024 event.
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A High Court challenge has been brought against An Bord Pleanála's decision to grant permission for a hotel and office development close to the historic Royal Hospital Kilmainham building.
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Three companies frequently favoured by the state have received most of the money allocated by the government as subsidies for the construction of new hotels to meet growing tourism demand.
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U.S.-based company Affinity Partners, led by Jared Kushner, the influential son-in-law of former President Donald Trump, aims to undertake two major tourism projects in Albania, along with another in Belgrade, with a combined value that could exceed…
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A five-star hotel in Venice might just be one of the best chances for creditors of its insolvent owner, Signa Prime Selection AG, to recoup some of their losses.
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The 4-star Tmark Grand Hotel in Myeongdong, Seoul, originally served as an office building for an electric wire company. The building was then renovated into a hotel in 2016 to accommodate the rising number of Chinese tourists in Korea…
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Looking to diversify your commercial real estate portfolio? Now could be the moment to explore opportunities in Canada’s hospitality industry, particularly the hotel sector.
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Aimbridge Hospitality announced yesterday that Craig S. Smith will assume the role of chief executive officer at the global hospitality management company starting March 18, 2024. Craig S. Smith previously worked for Marriott International…
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The resort, slated to debut in 2027, will reimagine mountainside hospitality at 7,545 feet. Raffles Hotels & Resorts and NEOM have unveiled plans for a year-round mountain resort in Trojena, Saudi Arabia…
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Sun Venture, which already owns the mixed-use 1 New Oxford Street development, is expanding its property portfolio in the Capital. They acquired a 280-bed central London hotel for a reported £100 million, marking its first foray into hospitality…
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It aims to grow luxury without neglecting mid-scale business - IHG HOTELS & RESORTS reported a 23 percent increase in profit from reportable segments in 2023, surpassing the $1 billion milestone for the first time…
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The Hunter Hotel Investment Conference ("HUNTER" or "Hunter Conference") is pleased to present Bob Hunter, Founder of Hunter Hotel Advisors and Hunter Conference, with the 2024 Hunter Conference Award for Excellence and Inspiration…
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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well…
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Airplane conversions are not rare, but they're not the norm, either. Upcycling decommissioned aircraft is a task only for the strongest of hearts and the deepest of pockets, no matter how low and attractive the price of the fuselage…
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Egypt's leading real estate developer Talaat Mostafa Group (TMG) has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels, the TMG said in a disclosure statement…
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