Both the broader Indian economy and the country’s hotel industry had an eventful 2017.
As the new CEO for Dubai Holding’s hotels arm Jumeirah Hotels & Resorts, Jose Silva will be responsible for Jumeirah’s international expansion and portfolio growth.
Dublin's meager hotel room stock, totaling 19,000 rooms, shows no signs of significant growth in 2018, according to a Davy report.
Glasgow's private equity manager, Maven Capital Partners, put the city's Hotel Indigo on the market.
Yotel, known for its cabin-style YotelCity and YotelAir brands, is branching out into the extended stay and serviced-apartment sectors, and guests can expect a similar focus on technology, design and cool public areas, according to Yotel’s CEO Hubert Viriot.
At some sustainability-focused hotels, sweating the small stuff makes a big difference.
InterContinental Hotels Group has tapped Leanne Harwood to take over as MD for its Australasia and Japan division.
Oman-based construction company Al Rawahi International is set to lead the construction of an upcoming Ramada hotel in Oman. Al Khaleel Group's Ramada Encore Al Ghubra will be the first of the developer's two-hotel project with Wyndham Hotel Group.
Today, hotels must strike a balance between enticing guests to book directly and maintaining a presence on an array of third-party booking sites.
The stocks for hotel industry C-corps had a banner year in 2017, drastically outpacing both the broader markets and hotel real estate investment trusts.
Members of InterContinental Hotels Group’s Rewards Club can now officially book reward nights at Kimpton Hotels and Restaurants properties.
Investors seeking diversification of their portfolios are expected to turn to Europe’s hotel sector this year for it, according to JLL, which said that it expected to see an increase in core-plus capital funds being raised to invest into hotel real estate, led by private-equity groups.
To project changes in profits, we obviously need to look at the expected relative changes in revenues and expenses.
Some hoteliers are embracing new-breed food-delivery services such as Grubhub, UberEATS and DoorDash to supplement their own F&B offerings.
RLH Corporation opened a new Red Lion Inn & Suites in Long Island City, New York. The recently-converted property consists of 80 guestrooms, a complimentary deluxe continental breakfast served daily, free Wi-Fi and an on-site fitness center.
Hotels in the Middle East and Africa recorded a significant decline in total GOPPAR levels despite seeing high revenue increases across other departments.
Since Jan. 1, guests of the Disney Springs Resort Area Hotels have the same access to Extra Magic Hours at Walt Disney World Theme Parks as was previously granted exclusively to guests of Walt Disney World Resorts.
The Hyatt Regency Clearwater Beach Resort & Spa has completed a multimillion-dollar renovation of its guestrooms and suites; meetings and event space; and public areas.
Hotel-industry performance predictions are noticeably more sober at the beginning of 2018 than they were 12 months ago, according to sources.
Viceroy Hotel Group is partnering with investment firm Rodina Group to manage and rebrand the Hotel Mar Adentro in Los Cabos, Mexico.
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