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Canada to see hotel sales decline in 2018

05-21 09:27

For 2018, Canada's hotel transaction volume is expected to fall short of last year's $3.5 billion, according to data from Colliers International. However, the group forecasts the total will meet the $2.3-billion average achieved between 2011 and 2017.

Paris leads France’s recovery in hotel investments

05-17 09:21

As France slowly recovers from a tourism downturn sparked by a spate of terrorist attacks in 2015 and 2016, Paris’ hotel market is modernizing and diversifying its room supply.

Egypt's hotels reaches highest level in 2018 Q1

05-16 09:19

Egypt's hotel occupancy rate reached record levels in the first quarter of 2018, reaching its highest level since 2010, according to an STR report.

China Hotels have the best reputation in 2017

05-15 10:12

Revinate, the software as a service (SaaS) company that enables hoteliers to transform guest data into revenue, continues rolling out its 2018 Global Hotel Reputation Benchmark Report.

AccorHotels plans to launch 25Hours Hotels in India

03-19 09:33

AccorHotels Group plans to bring German-based 25hours Hotel brand into India.

Disney ends free parking at Florida hotels

03-19 09:30

Walt Disney World Hotels will likely see a significant jump in parking revenue as Disney plans to add parking fees at its Florida hotels starting next week, according to Travel & Leisure.

what is F&B’s role in hotels

03-19 09:28

Food and beverage is a large part of the hotel experience, and hoteliers do their best to provide guests with unique options and dining experiences, starting with breakfast and extending into the night.

China Lodging sets sights on pipeline growth

03-19 09:26

Despite calling it a “relatively low season,” China Lodging Group CEO Jenny Zhang happily shared during the fourth-quarter earnings call that the company achieved 15% revenue-per-available-room growth in the quarter.

US hotel performance for March 10 week

03-16 09:25

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 4-10 March 2018, according to data from STR.

Saudi Prince Alwaleed sells Four Seasons Hotel stake

03-16 09:23

Saudi Arabian investor Prince Alwaleed bin Talal has sold his stake in the Four Seasons Hotel Damascus to Samer Foz, a businessman linked to President Bashar al-Assad.

Aman announces Los Cabo site opening in 2020

03-16 09:21

The Amanyari ("peace water," in Sanskrit) will open at the Costa Palmas "resort community" on the Eastern Cape of Mexico's Baja Peninsula in 2020.

Google hotel reviews overall increase in 2017

03-16 09:20

Travelers posted 27% more hotel reviews in 2017 than a year earlier, and most of that growth can be attributed to Google.

Hilton Hotels plans to back Copenhagen in 2020

03-15 09:22

Hilton is set to open a new hotel in Copenhagen, Denmark through a franchise agreement with BC Hospitality Group. The Hilton Copenhagen City Centre will open in the city center in 2020.

US hotel deals bounce back in 2017

03-15 09:20

STR tracked 567 individual hotel transactions and 35 portfolio sales in 2017 to produce the Hotel Transaction Almanac, a comprehensive annual report detailing hotel asset trades over the past year in the U.S.

IHG to acquire stake in Regent

03-15 09:18

InterContinental Hotels Group has followed through on its plan to buy a luxury brand, agreeing to acquire a 51% stake in Regent Hotels and Resorts for $39 million in cash.

Aruba Marriott finishes property enhancement

03-15 09:16

The Aruba Marriott Resort & Stellaris Casino completed a property-wide upgrade, including new decor and design in the 411 guest rooms and replacement of bathtubs with standing showers.

Overseas investors drives 2017 UK hotel sale

03-14 09:14

Overseas investors drove a 32-percent boost in UK hotel transactions in 2017, pushing transactions to a total of £5.4 billion.

Radisson CEO shares vision for owner-driven change

03-14 09:12

John Kidd, president, COO and CEO of Radisson Hospitality, is convinced the road to growth for his company is by putting owners first and having them understand the company’s newly devised five-year strategic plan.

California hotel deals in 2018 will remain increasingly

03-14 09:10

In 2017, California hotel transactions reached a dollar volume of $6.2 billion, the fourth-highest total since Atlas Hospitality Group has tracked hotel sales in the state.

Women in hospitality management

03-14 09:08

In London, the luxury Dukes hotel has a "Duchess" floor for women only, one on which the decorations and amenities are more feminine and the only attendants are female.

STR Hotel Stock Index falls 6.9% in February 2018

03-13 09:21

The Baird/STR Hotel Stock Index closed February at 4,841, down 6.9% from the previous month.

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