Melia profit up 9pc
Madrid, Spain – 28 February 2018 – Spain’s largest hotel company Melia reported a near 9 percent rise in full-year… Read More »Melia profit up 9pc
Steve Shellum
55pc of AccorInvest to be sold
France, Paris – 28 February 2018 – French hotel group AccorHotels has agreed to sell 55 percent of its AccorInvest… Read More »55pc of AccorInvest to be sold
Marriott opens resort in Jaipur
Jaipur, India – 28 February 2018 – Marriott International announces the opening of the JW Marriott Jaipur Resort & Spa,… Read More »Marriott opens resort in Jaipur
Holiday Inn’s first water park in Asia opens
Bangkok, Thailand – 28 February 2018 – Holiday Inn Vana Nava Hua Hin has opened on Thailand’s Gulf coast, becoming… Read More »Holiday Inn’s first water park in Asia opens
Starwood Capital buys seven Hilton hotels
London – 27 February 2018 – Starwood Capital Group, a leading global private investment firm, announces that a controlled affiliate… Read More »Starwood Capital buys seven Hilton hotels
Singaporeans plead guilty to unauthorized Airbnb rentals
Singapore – 27 February 2018 – Two Singaporeans on trial for unauthorised short-term rentals posted on Airbnb pleaded guilty in… Read More »Singaporeans plead guilty to unauthorized Airbnb rentals
Singha Estate in deal to buy six hotels
Bangkok, Thailand – 27 February 2018 – Thai property firm Singha Estate said it will buy six hotels across four… Read More »Singha Estate in deal to buy six hotels
Dorchester Collection to manage luxury Dubai development
Dubai, UAE – 20 February 2018 – Omniyat announces that Dorchester Collection will manage its luxury One Palm development on… Read More »Dorchester Collection to manage luxury Dubai development
IHG reveals its new strategy
London – 20 February 2018 – InterContinental Hotels Group said it would not pay out any additional capital to investors… Read More »IHG reveals its new strategy
Motel One mulls tactics for US expansion
Munich, Germany – 12 February 2018 – German budget hotel chain Motel One could float on the stock exchange if… Read More »Motel One mulls tactics for US expansion
Chinese investment in overseas hotels faces big drop
Beijing, China – 12 February 2018 – Overseas property investments by Chinese institutions, including in hotels, are expected to drop… Read More »Chinese investment in overseas hotels faces big drop
S African hotel firm tackled drought
Cape Town, South Africa – 8 February 2018 – Tsogo Sun Holdings plans to build a desalination plant that will… Read More »S African hotel firm tackled drought
M&C sees 7.9pc RevPAR rise
London – 8 February 2018 – Millennium & Copthorne Hotels reported a 7.9 percent rise in annual revenue per room,… Read More »M&C sees 7.9pc RevPAR rise
June opening for Hong Kong Ocean Park Marriott
Hong Kong – 8 February 2018 – Hong Kong’s Ocean Park aims to open the doors of its first hotel… Read More »June opening for Hong Kong Ocean Park Marriott
Marriott signs Fairfield conversion deal in India
Mumbai, India – 8 February 2018 – Marriott International signs a five-hotel conversion deal with SAMHI Hotels for its Fairfield… Read More »Marriott signs Fairfield conversion deal in India
Mercer steps up at Marriott
Brisbane, Australia – 7 February 2018 – Marriott International names Brad Mercer as complex general manager of The Westin Brisbane… Read More »Mercer steps up at Marriott
Dorchester Collection in Dubai deal
Dubai, UAE – 7 February 2018 – Omniyat is bringing the Dorchester Collection brand to Dubai for the first time… Read More »Dorchester Collection in Dubai deal
Quake topples Taiwan hotel
Taipei, Taiwan – 7 February 2018 – A hotel on the east coast of Taiwan has collapsed after a 6.4-magnitude… Read More »Quake topples Taiwan hotel
Wynn resigns as Wynn Resorts chairman
Las Vegas – 7 February 2018 – Casino mogul Steve Wynn has resigned as chairman and CEO of Wynn Resorts… Read More »Wynn resigns as Wynn Resorts chairman
Veyrat awarded three Michelin stars
Paris, France – 6 February 2018 – Marc Veyrat, the comeback king of French cuisine, is back at the top of… Read More »Veyrat awarded three Michelin stars