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Munich’s hotel inventory is expected to grow by 39 new properties and 7,397 rooms by 2020—a 15.4-percent increase to the market’s existing supply—according to STR’s AM:PM database.

2018-12-21 15:28

HREC Investment Advisors arranged the sale of a portfolio of 16 Extended Stay America hotels.

2018-12-20 09:42

Swiss International Hotels & Resorts has entered into a management agreement with H&L Residency for a Swiss Spirit Hotel & Suites in Bahadurgarh City, India, just over a mile away from Delhi.

2018-12-19 10:38

Adoption of mobile locks in the hotel marketplace continues to rise unilaterally across all segments, from major brands to the smaller independents.

2018-12-18 10:00

STR’s preliminary November data for Jeddah, Saudi Arabia, indicates negative performance comparisons affected by continued supply growth.

2018-12-17 08:07

Radisson Hospitality AB has signed a deal to open the Radisson Blu Leninsky Prospect Hotel, Moscow in Russia.

2018-12-14 08:13

Wyndham Hotels & Resorts is set to increase its footprint in Dubai with three new managed hotels as part of the Deira Waterfront Development by Ithra Dubai, a wholly owned subsidiary of Investment Corporation of Dubai. The hotels will operate under the Wyndham, Days by Wyndham and Super 8 by Wyndham brands.

2018-12-13 09:30

The Indian hotel industry is becoming increasingly asset-light as hoteliers seek aggressive growth, according to sources.

2018-12-12 09:30

Malaysian conglomerate YTL Corp., through its wholly owned subsidiary YTL Hotels & Properties, is acquiring Spanish firm Sol HTL Project for $250 million from KKH Property Investors SLU.

2018-12-10 11:06

IHG has inked a management agreement with Acico Gulf Real Estate to turn the Nassima Royal Hotel into the Voco Dubai, marking the first signing of the chain's new upscale hotel brand in the Middle East.

2018-12-07 08:00

Hong Kong-based Shangri-La Hotels and Resorts and Klook, a travel activities and services booking platform, have formed a strategic partnership that will let hotel guests directly access nearby activities.

2018-12-06 08:15

Good news for hotels in England: The country is set to host the Union of European Football Associations' 2021 Women’s European Championship finals.

2018-12-05 07:56

Amid Marriott International's ongoing data breach, Sen. Chuck Schumer is calling for the company to pay for new passports for guests who have had their personal information stolen by hackers.

2018-12-04 08:12

October was a strong month for hotels in the UK, with a 9-percent, year-over-year increase in profit per room for the month, according to the latest data on full-service hotels from HotStats.

2018-12-03 08:19

Just a year after expanding its presence to China, Indian hospitality chain Oyo Hotels and Homes has 180,000 franchised and leased rooms and more than 4,000 hotels under under franchise, manchise (a hybrid of franchise and management) and lease agreements across the country, making it one of China's top-five hotel chains.

2018-11-30 08:03

London has long held a reputation for being on the cutting edge of culture and this is no less true in the hotel sector, where new concepts often debuted in the capital.

2018-11-29 08:12

Since launching fewer than 18 months ago as Wyndham Hotels & Resorts’ first soft-brand, Trademark Collection by Wyndham, has expanded significantly in Canada with a dozen recently signed hotels and resorts across the country.

2018-11-28 08:05

Wyndham Hotels & Resorts revealed an updated brand identity for Ramada Encore by Wyndham.

2018-11-27 08:26

To generate profits, hoteliers need to spend money the right way.

2018-11-26 08:14

Both hotel brands are making their debut in the country and are on schedule to open by mid-2019.

2018-11-23 09:51
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