TUI Travel sees Germany bookings surge -paper
Travel and tourism group TUI Travel PLC expects higher profit in Germany in the current financial year ending in September… Read More »TUI Travel sees Germany bookings surge -paper
Hospitality Industry News
Hospitality industry news worldwide covering lodging, restaurants, catering, travel, airlines and hotel industry.
Blackstone said to seek $500 million for NYC London Hotel
Blackstone Group LP (BX)?hired Eastdil Secured LLC to sell the leasehold on the London NYC hotel in midtown Manhattan, two… Read More »Blackstone said to seek $500 million for NYC London Hotel
5 trends that changed hotel technology in 2013
Hotels are tailoring their services to meet the needs of a new generation of digitally-savvy, device-obsessed travelers. From putting plugs… Read More »5 trends that changed hotel technology in 2013
Best Western opens first property in Myanmar
?I am absolutely delighted to welcome the BEST WESTERN Green Hill Hotel into our fast-expanding portfolio of hotels in Asia,?… Read More »Best Western opens first property in Myanmar
Blackstone closes on east coast hotel portfolio for $186M
Blackstone Real Estate Advisors, L.P., has closed on a 15-property select-service hotel portfolio in seven East Coast and Mid-Atlantic states… Read More »Blackstone closes on east coast hotel portfolio for $186M
Hotel IPOs highlight hospitality’s resurgence
Blackstone Group is planning its third IPO of a hotel chain in two months, reflecting a powerful comeback of the… Read More »Hotel IPOs highlight hospitality’s resurgence
Billionaire Adelson mulls Europe?s big cities for casinos
Billionaire?Sheldon Adelson?said he is considering building individual integrated resorts in major European cities, 10 days after abandoning a plan to… Read More »Billionaire Adelson mulls Europe?s big cities for casinos
Bankrupt Bermuda Resorts sold to New York investment firms
Two Bermuda resorts in receivership ? the Coral Beach & Tennis Club and the Horizons & Cottages resort, were sold… Read More »Bankrupt Bermuda Resorts sold to New York investment firms
Carlson Rezidor opens the Radisson Blu Paradise Resort & Spa, Sochi
Carlson Rezidor Hotel Group is delighted to announce the opening of a spectacular new resort in Russia?s host city for… Read More »Carlson Rezidor opens the Radisson Blu Paradise Resort & Spa, Sochi
Moscow hotel market to double in five years
Moscow’s hotel market is forecast to add 13,000 new hotel room by 2018, possibly hindering average rates for the market,… Read More »Moscow hotel market to double in five years
IHG opens two new hotels in India
InterContinental Hotels Group (IHG)?has signed a management agreement with Eros Resorts and Hotels Ltd. to manage its two hotels in… Read More »IHG opens two new hotels in India
How Airbnb is changing hospitality into a commodity
Annie Engman’s last guests have barely checked out when the next ones arrive: First one Australian, ambling up the slender… Read More »How Airbnb is changing hospitality into a commodity
What do hotel marketers want for Christmas?
Before we break for the holidays, we asked our staff, client GMs, revenue managers, hotel owners and partners to tell… Read More »What do hotel marketers want for Christmas?
Renaissance Suites Hotel to be sold for $3.2 million
Maritz, Wolff & Co., a hotel real estate investment group with ties to St. Louis, has confirmed it will buy… Read More »Renaissance Suites Hotel to be sold for $3.2 million
Occupancy in the Asia Pacific region up 1.1% to 72.4% November 2013
Hotels in the Asia Pacific region experienced mixed results in the three key performance metrics during November 2013 when reported… Read More »Occupancy in the Asia Pacific region up 1.1% to 72.4% November 2013
5 predictions for outbound Chinese tourists in 2014
Visiting recently with a Land Rover dealer in California, I found myself dragged into the usual ?Do you think China… Read More »5 predictions for outbound Chinese tourists in 2014
Top travel predictions for 2014
Here are some highlights from Cheapflights.com’s top travel predictions for 2014: The Rise of the Super Airline?– For travelers in… Read More »Top travel predictions for 2014
Hard Rock in talks to buy troubled Revel Casino
Hard Rock International is in deep talks to buy Atlantic City?s troubled Revel Casino, two sources close to the situation… Read More »Hard Rock in talks to buy troubled Revel Casino
Turkey boosts tourism offering with four new hotels
Hilton Worldwide has signed agreements on four hotels in Turkey to further boost its portfolio in the country to 24… Read More »Turkey boosts tourism offering with four new hotels
Dubai hotel occupancy rates reach highest since 2007
Latest figures reveal that RevPAR is on course to rise by 11.5 percent for the month, up to AED967.68 ($263.46),… Read More »Dubai hotel occupancy rates reach highest since 2007