Times Square Marriott Marquis sold in controversial $20M deal
The holders of a 75-year-lease for the Marriott Marquis Hotel in Times Square have opted to buy the hotel from… Read More »Times Square Marriott Marquis sold in controversial $20M deal
Hospitality Industry News
Hospitality industry news worldwide covering lodging, restaurants, catering, travel, airlines and hotel industry.
International tourism grows by 5%
International tourist arrivals grew by 5% in the first nine months of the year, to reach a record 845 million… Read More »International tourism grows by 5%
Hilton shares jump 7.5% in first day of trading
Hilton Worldwide Holdings shares jumped 7.5% in their market debut Thursday. The hotelier raised $2.35 billion in its offering of… Read More »Hilton shares jump 7.5% in first day of trading
Manchester residents’ Christmas preferences revealed
One in five Manchester residents enjoy a lie in on Christmas morning, whilst the majority will buy presents in the… Read More »Manchester residents’ Christmas preferences revealed
SWISS opens new ?Senator Bistro? at Zurich Airport
SWISS customers using the airline?s Senator Lounge at Zurich Airport can now take advantage of a new bistro area. The… Read More »SWISS opens new ?Senator Bistro? at Zurich Airport
Steigenberger Hotel Group looks back to a successful year 2013
A number of new hotels were opened or joined the Steigenberger family in Germany under the brand name Steigenberger Hotels… Read More »Steigenberger Hotel Group looks back to a successful year 2013
Hilton Worldwide raises over $2.3 bln in biggest-ever hotel IPO
Hilton Worldwide Inc, the world’s largest hotel operator, raised roughly $2.34 billion in its initial public offering on Wednesday after… Read More »Hilton Worldwide raises over $2.3 bln in biggest-ever hotel IPO
Overseas tourists will top 10 million
Japan will likely reach a government target of attracting 10 million overseas visitors in 2013, the Japan National Tourism Organization?s… Read More »Overseas tourists will top 10 million
Four Seasons chief is feeling the squeeze
Pressure is mounting on Allen Smith to expand the Four Seasons Hotels and Resorts brand, just three months after the… Read More »Four Seasons chief is feeling the squeeze
Arab-Turkish investors to buy luxury Athens hotel for $550 mln
Jermyn Street, an Arab-Turkish property fund, is to spend 400 million euros ($550 million) buying a luxury seaside hotel in… Read More »Arab-Turkish investors to buy luxury Athens hotel for $550 mln
Asia Pacific Hotel development pipeline for november 2013 rises to 1,939 hotels
The Asia Pacific hotel development pipeline comprises 1,939 hotels totaling 421,621 rooms, according to the November 2013 STR Global Construction… Read More »Asia Pacific Hotel development pipeline for november 2013 rises to 1,939 hotels
The Peninsula Hong Kong celebrates her 85th anniversary
Exactly 85 years to the day of her 1928 launch, The Peninsula Hong Kong celebrated another milestone in convivial style… Read More »The Peninsula Hong Kong celebrates her 85th anniversary
Brazil asks hotel chains to explain higher prices during 2014 World Cup
Brazil’s justice ministry is asking the main hotel chains in the country to explain the high prices being charged for… Read More »Brazil asks hotel chains to explain higher prices during 2014 World Cup
Blackstone?s Hilton joins ranks of biggest deal paydays
Hilton Worldwide Holdings Inc., once seen as a black mark on?Blackstone Group LP (BX)?s record in real estate, is poised… Read More »Blackstone?s Hilton joins ranks of biggest deal paydays
Radisson Royal Hotel, Moscow voted as World Travel Awards? World?s Leading Luxury Business Hotel 2013
The Radisson Royal Hotel, Moscow has been awarded as the World?s Leading Luxury Business Hotel 2013 for the fourth year… Read More »Radisson Royal Hotel, Moscow voted as World Travel Awards? World?s Leading Luxury Business Hotel 2013
Egypt saw 20% monthly rise in November’s tourists
Egypt’s tourism was up 20 percent in November, with the number of tourists surpassing 600,000, according to the latest report… Read More »Egypt saw 20% monthly rise in November’s tourists
Record number of tourists head to Berlin
Figures from the capital’s state tourism office showed that 1.1 million people visited Berlin in October. This was 3.1 percent… Read More »Record number of tourists head to Berlin
SWISS to serve Palermo and Thessaloniki in its 2014 summer schedules
SWISS will be offering additional seasonal services to Palermo (Sicily) and Thessaloniki in its 2014 summer schedules. Palermo will be… Read More »SWISS to serve Palermo and Thessaloniki in its 2014 summer schedules
Travel trends for 2014
Gastronomic pilgrimages, European river cruises, and South America are among some of the major travel trends predicted to define 2014… Read More »Travel trends for 2014
More budget hotels coming to Dubai after Expo win
More budget and mid-market hotel brands will arrive in Dubai as the emirate looks for significant increases in tourists over… Read More »More budget hotels coming to Dubai after Expo win