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Global investment firm Dubai Holding has acquired Henderson Park’s stake in The Westin Paris-Vendome to gain full control of the €650m hotel in France.
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The European hotel industry has undergone significant transformation over the past decade, driven by changing consumer behaviour and economic factors…
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Deloitte's top hotel consultant, Andreas Scriven, has a finger on the pulse of European dealmaking. He forecasts more assets changing hands in the year's back half.
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From gold, cash and certified checks through to credit cards, digital wallets and cryptocurrencies, the world of payments now contains a litany of terminology, acronyms, governing bodies, networks and technologies…
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Spain’s hotel supply is characterized by mid- and upscale hotels. However, the number of higher-end hotels is increasing at a rapid pace, as HVS’ Maria Coll, senior associate, and Sophie Perret, senior director, explain…
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Hotels that have long invested in coworking amenities are now seeing those investments pay off, as pandemic-era travelers increasingly seek out spaces purpose-built for remote work.
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Investor and developer Dominvs Group has received planning permission from Wandsworth Council for its 837-room dual hotel development in London’s Nine Elms.
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Looking to leverage its global reputation in fashion publishing and with a goal to advance the empowerment for women, ELLE has launched ELLE Hospitality with two boutique brands, Maison ELLE and ELLE Hotel…
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MGM Resorts International has closed on its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas for cash consideration of $1.625 billion…
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The question of the day for many hotel investors is, “Where do we go next?”
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Capital seeking reasonable returns is in love again with the recovering hotel business. However, the issue for anxious buyers is a lack of appealing assets on the market…
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World Heritage Day, also known as the International Day for Monuments and Sites, is celebrated on the 18th of April every year to raise awareness about the importance of preserving our heritage and culture…
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Investors are increasingly thinking about urban regeneration schemes in terms of neighbourhoods rather than buildings as social impact becomes more of a focus.
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Chinese property developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for 4.5 billion yuan ($707.83 million), as it seeks to reduce its debt amid a crisis in the country’s property sector…
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Digital art can heighten visual impact, set a mood and offer the simple ability to change content frequently.
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Campgrounds, glamping sites, recreational vehicles and anything else that offered fresh air, physical distance and a decreased chance of cancellation due to Covid-19 regulations saw significant boosts in bookings in 2020…
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Energy, Water and Waste a Focus of 12th Edition of Uniform System of Accounts for the Lodging Industry
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Despite the setbacks of the pandemic, 2021 actually looks brighter regarding economic projections and business possibilities…
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