Singapore’s GIC acquires five hotels from India’s Samhi for $88 million
Acquisition capital will downsize debt
Singapore sovereign wealth find GIC has acquired a 35% share of five hotels in India from Indonesian owner Samhi Hotel Investments for a total of 7.52 billion Indian rupees ($88.1 ...
Luxury brands Aston Martin, Delano shift gears into branded residences
Recent openings include Aston Martin Residences in Miami and Delano Dubai
BERLIN — Iconic luxury brands are trying to court affluent consumers in all manner of ways, including via development of hotels and branded residential properties.
Europe, Middle East and Africa hotel deals and developments: PPF Group acquires Four Seasons Prague
IHG Hotels & Resorts to operate Holiday Inn Jeddah Al Naseem, Saudi Arabia
This roundup features the latest hotel deals and developments in the Europe, Middle East and Africa region.
Marriott accelerates midscale brand openings in Europe, Middle East and Africa
Marriott focuses on East Africa with JW Marriott and Ritz-Carlton openings, signings
BERLIN — Marriott International is ramping up its brand development throughout Europe, the Middle East and Africa in response to growing demand across multiple hotel segments.
5 things to know for April 22
Today’s Headlines: Tongcheng acquires Dalian Wanda’s hotel arm; US hotel executives navigate uncertainty; Macau’s 13 Hotel back on market for $309 million; Default Airbnb rates to include all costs; One US tariff reaches 3,521%
Editor's Note: Some linked articles may be behind subscription paywalls.
Women in hospitality emphasize authenticity, perseverance as key for success
Panel advises women in the hotel industry to be self-aware and confident in careers
LONDON — Like many industries, hospitality has struggled to be equally diverse throughout the corporate and executive level, especially with fewer women in leadership or C-suite ro...
5 things to know for April 17
Today’s Headlines: US Federal Reserve says tariffs likely to make inflation worse; Japanese competition authority warns hoteliers over 'cartel behavior'; Bali alters tourism mix to protect culture, ends hotels moratorium; Canada and South Korea banks hold interest rates; Four Dublin councils move closer to imposing tourism tax
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Accor focuses on domestic hotel demand throughout Europe as international feeder markets shift
Executive Philippe Bijaoui says Paris Olympics will have ripple effect for next 10 years or more
BERLIN — Accor's development leader in Europe and North Africa sees runway for hotel development in the region as brand-owner relations improve and travel demand is on the rise.
5 things to know for April 16
Today’s Headlines: UK inflation falls to 2.6% in March; International travelers avoid US amid Trump tariffs; Kempinski extends agreement to scale brands with Beijing Tourism Group; Singapore lowers economic forecasts due to tariffs; Wynn Resorts co-founder Elaine Wynn dies
Editor's Note: Some linked articles may be behind subscription paywalls.
How IHG Hotels & Resorts plans to scale Ruby, Garner brands across Europe
British hotel brand company adds to portfolio to meet evolving guest requirements
BERLIN — Acquiring Ruby Hotels earlier this year has been a bit of a milestone for IHG Hotels & Resorts.
5 things to know for April 15
Today’s Headlines: UK job numbers fall; Travelodge acquires 11 hotels, including 9 from Louvre’s Hotel Campanile brand; Corinthia Hotels secures £192 million financing from UK bank; Galveston’s 'Queen of the Gulf' hotel gets total revamp; China port activity to US tumbles due to tariffs
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for April 14
Today’s Headlines: Trump flip-flops on cellphone tariffs; United Arab Emirates hotels experience remarkable performance during Eid al-Fitr; Hotel Properties’ Ong steps down from managing director role after 45 years; Taiwan’s Shayher Group acquires Park Hyatt Melbourne; Omni Hotels cleared of gender-based pay bias allegations
Editor's Note: Some linked articles may be behind subscription paywalls.
IHG CEO eyes Europe for consistency, navigates east for hotel growth
Ruby Hotels’ acquisition underlines European travel appeal
BERLIN — The European hotel industry will continue to perform well due to its unique selling points, said Elie Maalouf, CEO of IHG Hotels & Resorts.
Thailand’s Minor Hotels to debut in Paraguay, perhaps the world’s most mysterious country
Paraguay is the only nation in South America in which an indigenous language is the official one
Thai hotel owner-operator Minor Hotels is to enter a new country market — Paraguay.
Singapore's SC Capital adds to Japanese portfolio with latest hotel deal
In Kagoshima, 165-room hotel rebranded under SC’s Oriental Express brand
Singapore real estate investment trust SC Capital Partners has acquired a 165-room hotel in Kagoshima, the provincial capital of the Japanese island of Kyushu, according to Deal St...
European resorts come of age as owners get creative to drive asset value
Co-branding and co-owning permit flexible capital and operations
BERLIN — Resorts throughout the sunnier destinations of Europe are becoming far more important to hotel portfolios as the segment gathers guest demand, price premiums and investor ...
EMEA Hospitality Hires and Promotions: Julien Mattei named as chief investment officer at hotel firm A&O Hostels
Julia Selyukova named general manager at Four Seasons Hotel Gresham Palace Budapest
Read the latest roundup of hotel industry hires and promotions in the Europe, Middle East and Africa region.
African hotel openings continue in relative terms despite several pain points
A few African nations have no hotel development pipeline
Hotel development has yet to take off in Africa, but the continent's slow pace of new hotel openings has been consistent.
Accor and India’s InterGlobe extend partnership, become majority owners of Treebo
Approximately 300 hotels planned by 2030; Treebo has 800 franchises
French hotel giant Accor and Indian travel-management and hotel-development firm InterGlobe have moved into a second phase of their partnership with the formation of a new Indian t...
UK travel experts weigh whether whisky glass is half full
US tariffs pose various challenges for UK hospitality industry
The experience of sipping a fine Scottish whisky at a swanky hotel bar isn't going anywhere amid concerns over Trump administration tariffs. It just may become more expensive — a p...