CoStar World News for Jan. 29Hungarian hoteliers eye rising tourism; Retailer Claire’s enters second UK restructuring; Brookfield to buy prominent Paris building.
CoStar World News for Jan. 22Formula 1 trackside hotel planned for Belgium; UK government backs Chinese embassy project; French investor targets healthcare real estate
German hotel firm Revo files for bankruptcy, 125 hotels involvedRevo Hospitality Group, formerly HR World, has filed for bankruptcy in a German court. The Berlin-based hotel management company cited increased operational costs and cost-of-living challenges as primary sources of difficulty.
Worried that the potential of the FIFA World Cup and America 250 are being wasted, hotel executives say the U.S. government needs a travel-focused cabinet position in the White House.
A panel of hoteliers across the hospitality industry's key stakeholders weighed the biggest obstacles to hotel management agreements becoming more transparent: loyalty programs, procurement partners and distribution channels.
A panel of hoteliers across the hospitality industry's key stakeholders weighed the biggest obstacles to hotel management agreements becoming more transparent: loyalty programs, procurement partners and distribution channels.
Kurien Jacob, partner at Highgate Tech Ventures, joins the CoStar News Hotels podcast to dive deep into how AI is reshaping hospitality, from guest-facing search to operations productivity.
Kurien Jacob, partner at Highgate Tech Ventures, joins the CoStar News Hotels podcast to dive deep into how AI is reshaping hospitality, from guest-facing search to operations productivity.