HOTEL NEWS
Egyptian infrastructure, government initiatives underpin luxury hotel pushTourists and hotel investors both show plenty of interest in Egypt, and experts agree that the country has room to grow despite its constant battle with being perceived as an unstable market.
Caribe Hospitality sees branded, select-service hotels as path forward in Caribbean and Latin AmericaThe Costa Rica-based ownership company has invested in and is enjoying the benefits of sustainability-minded designs and practices.
Madrid-based Blasson expands hotel portfolio with Four Seasons SevilleFour Seasons Hotels & Resorts is to open its third Spanish hotel, one in Seville, in association with owner Blasson Property Investments, a Spanish investment firm that is steadily adding luxury hotels to its mixed real-estate portfolio.
Pivoting hotel procurement strategy in the wake of war in the Middle EastManesh Balani, managing director of Dubai-based procurement firm Orsini SPI, joined “The Upgrade: EMEA Hospitality News” podcast to discuss how the U.S.-Iran war forced his company to adapt its strategy for meeting the supply needs of its hotel clients in the region.
Faced with heavy US sanctions, Spanish hotel firms Iberostar and Meliá exit CubaSeveral Spain-based hotel companies with global portfolios have opted to withdraw from Cuba amid concerns with partnerships with Cuban state-owned Grupo de Gaviota.
Hotel execs delve into strategy pivots to adapt to changing conditionsLower World Cup travel demand and newer AI capabilities mean hoteliers have to stay on their toes to try to achieve the best outcome.
Consumer spending, strong labor market lift full-year expectations for hotel industryAncillary revenue generators such as food and beverage, golf, and spa and wellness have attributed to better-than-expected U.S. hotel performance.
CoStar World News for June 4Singapore hotel to get new owner; Global conflict reduces UK property price expectations; France attracts data center, logistics investment
Hotel brand CEOs dive into the mystery of why travel demand has spikedThe chief executives of hotel brand companies said every year brings new problems and disruptions, but hospitality and operators worldwide can adapt.
Indonesia represents hotel investment opportunityThe country has recently seen growth in luxury supply and hotel rates.
World Cup scouting report: Houston hosts as both energy capital and Space CityThe municipality known for commerce and growth prepares for the global soccer stage.
Sixteen soccer cities, one global eventCoStar News surveyed every World Cup host market ahead of the sport’s North American takeover.
World Cup scouting report: Vancouver, a tourism town with a tight hotel market, takes on global eventThe soccer tournament is expected to boost the British Columbia economy by more than $1.7 billion.
World Cup scouting report: Toronto, major international city, gets first chance to host the global eventBMO Field got an upgrade to expand its capacity to 45,000 seats ahead of the soccer event.
World Cup scouting report: Boston, a biotech hub with traffic challenges, hosts matchesThe soccer showcase is spotlighting a market where median single-family houses are priced well over $1 million.
Featured
5 things to know
5 things to know
Ownership
Sixth Street Partners acquires Colorado resort for $176 million
Ownership
Opinions
Here's how investors should underwrite them
Opinions
People
Investors want more clarity from Pat Pacious' successor
People
Brands
Live experiences will only increase in importance to Las Vegas market, chief financial officer says
Brands
5 things to know
5 things to know
Opinions
All three news items have glorious wildlife links, which is as it should be
Opinions
Ownership
Portfolio to trade for $437.5 million
Ownership
Operations
Summer leisure demand is 'fully baked,' CEO says
Operations
People
William Conkling will assist with the transition through September
People
Analytics
Business, group travel drive ninth consecutive week of RevPAR gains
Analytics
Video
Brands
Omer Acar shares perspective on the evolving expectations for luxury hotel experiences
Brands
Brands
Major deal underlines Madrid's maturity, liquidity
Brands
Hospitality
Leaseholder buys historic Post Office Building, home to Waldorf Astoria
Hospitality
Design & Construction
Historic Faust Hotel reopens with elevated experience for fast-growing New Braunfels
Design & Construction
Ownership
Deal includes $5.7 billion in cash, $11.9 billion in debt assumption
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
United Arab Emirates
It's the first prominent hotel deal in UAE since the latest war in Iran began
United Arab Emirates
Egypt
Country bridging Middle East and Africa battles with perception as unstable market
Egypt
Cuba
Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
Cuba
United States
Costa Rica-based owner finds value in sustainability efforts
United States
Italy
Italian real estate firm debuts in UK hotel market
Italy
Podcast
Saudi Arabia
Project flexibility, government initiatives crucial to overcome global supply disruption
Saudi Arabia
United Kingdom
Andalusian hotel will be Four Seasons’ third Spanish hotel
United Kingdom
United Kingdom
UKHospitality predicts 574 hotels will close across the country in 2026
United Kingdom
United Kingdom
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
United Kingdom
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
United States
Tourist demand for Europe remains strong but is shifting
United States
Sitting on good surplus cash flows from their core businesses, Indian businesses are looking at hotels as alternative investment options, with the demand-supply gap and accompanying boom in travel driving this hard-headed decision.
Braemar's path forward remains 'a little complicated,' analyst says
As the luxury hotel-focused REIT looks to stay publicly traded, the long-challenged sector is seeing better valuations.
Hoteliers share where they're getting the best use out of AI
Guest-facing artificial intelligence tools such as chatbots are already making a tangible impact in the U.S. hotel industry.
How the demolition of a historic hotel paved the way to a new era of luxury in Munich
The general manager says that public opinion around the loss of a prominent building was turned around by the new luxury product.
Braemar ends sale plan, will cut ties to Ashford Inc.
To separate from its external adviser, the REIT plans to sell two to three more luxury hotels to pay off its $480 million termination fee.
Lower cost of debt main driver of increased US deals pace, JLL Hotels exec says
Favorable lending conditions are making it easier for hotel buyers to line up good financing terms, says Kevin Davis.
Featured
5 things to know
5 things to know
Ownership
Sixth Street Partners acquires Colorado resort for $176 million
Ownership
Opinions
Here's how investors should underwrite them
Opinions
People
Investors want more clarity from Pat Pacious' successor
People
Brands
Live experiences will only increase in importance to Las Vegas market, chief financial officer says
Brands
5 things to know
5 things to know
Opinions
All three news items have glorious wildlife links, which is as it should be
Opinions
Ownership
Portfolio to trade for $437.5 million
Ownership
Operations
Summer leisure demand is 'fully baked,' CEO says
Operations
People
William Conkling will assist with the transition through September
People
Analytics
Business, group travel drive ninth consecutive week of RevPAR gains
Analytics
Video
Brands
Omer Acar shares perspective on the evolving expectations for luxury hotel experiences
Brands
Brands
Major deal underlines Madrid's maturity, liquidity
Brands
Hospitality
Leaseholder buys historic Post Office Building, home to Waldorf Astoria
Hospitality
Design & Construction
Historic Faust Hotel reopens with elevated experience for fast-growing New Braunfels
Design & Construction
Ownership
Deal includes $5.7 billion in cash, $11.9 billion in debt assumption
Ownership
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
United Arab Emirates
It's the first prominent hotel deal in UAE since the latest war in Iran began
United Arab Emirates
Egypt
Country bridging Middle East and Africa battles with perception as unstable market
Egypt
Cuba
Scrutiny on military-linked hotel ownership puts pressure on international hotel brands
Cuba
United States
Costa Rica-based owner finds value in sustainability efforts
United States
Italy
Italian real estate firm debuts in UK hotel market
Italy
Podcast
Saudi Arabia
Project flexibility, government initiatives crucial to overcome global supply disruption
Saudi Arabia
United Kingdom
Andalusian hotel will be Four Seasons’ third Spanish hotel
United Kingdom
United Kingdom
UKHospitality predicts 574 hotels will close across the country in 2026
United Kingdom
United Kingdom
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
United Kingdom
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
United States
Tourist demand for Europe remains strong but is shifting
United States
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