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 drove a 32-percent boost in UK hotel transactions in 2017, pushing transactions to a total of £5.4 billion.
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.
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.
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.
The Baird/STR Hotel Stock Index closed February at 4,841, down 6.9% from the previous month.
Club Med will continue its global expansion by opening five new hotel resorts per year within the next five years, it said. The company also plans to renovate five of its existing resorts per year.
Marriott International's Autograph Collection Hotels has partnered with owner and developer Andrew Ashcroft to bring the brand to Belize.
STR shows U.S. hotel industry revenue per available room and average daily rate both grew 2% to 4% year over year, despite occupancy being flat to up 2%.
Four- and five-star hotels across Europe achieved a 3.9-percent boost in value last year, according to HVS’ 2018 European Hotel Valuation Index.
Swiss-Belhotel International and Al Salaam International Hotel have signed a deal to open the Swiss-Belinn Muscat in Oman next year.
Acquiring resorts in Europe—and beyond—remains a top priority for some investors, who said during a panel discussion at this week’s International Hotel Investment Forum that all of the sector’s fundamentals are pointing in the right direction.
At least 16 higher-end New York hotels have quietly begun imposing a mandatory $25 nightly "destination fee."
Marriott International’s Moxy Hotels, which launched in Milan in 2014, is slated to expand into more than 40 new European destinations within the next three years.
Magnuson Hotels is expanding into the UK, and CEO Tom Magnuson is promising owners there not another brand, but a platform.
The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 25 February through 3 March 2018, according to data from STR.
Mexico is more than just its major metropolises like Mexico City, Guadalajara and Monterrey. It’s also more than its resort destinations in Cancun and Los Cabos.
Hoteliers are well aware the industry isn’t usually on the leading edge when it comes to the adoption of new technology.
The Hard Rock Hotel at Universal Orlando has unveiled Future Rock Star suites.
Tech-forward hoteliers are introducing more creative ways to display digital signage in their properties, with the goal of not just sharing information but also emphasizing guest engagement, sources said.
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