In 2022, IHG celebrated its 600-hotel milestone in Greater China. Within a mere year and a half, an additional 100 hotels were introduced.
Source: New feed
Month: January 2024
Radisson Hotel Group Added over 30,000 Keys in 2023
In 2023, Radisson Hotel Group celebrated a new company record by adding the largest number of keys to its portfolio, amounting to over 30,000 keys through openings and signings. The Group’s flagship Radisson Blu brand continued to be Europe’s largest upper upscale brand for the 12th consecutive year.
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Emaar Hospitality Group Rebrands Iconic Dubai Hotel to Address Dubai Mall
Featuring 193 rooms, 783 residences, six restaurants, award-winning signature spa facilities with state-of-the-art fitness center, and a kids club, the new Address Dubai Mall also boasts an infinity pool with panoramic views of Downtown Dubai, Dubai Fountains, and Burj Khalifa.
Source: New feed
Hilton Garden Inn Denver Tech Center Hotel Sold for $18 Million
Chatham Lodging Trust (NYSE: CLDT) today announced the closing of the sale of the 180-room Hilton Garden Inn Denver Tech Center for approximately $18 million.
Source: New feed
Hard Rock International Breaks Ground on 1,100 Room Hard Rock Hotel Athens
Expected to open in 2027, the resort will be a unique destination, combining an upscale hotel, a premier meeting and convention space, a state-of-the-art entertainment venue, internationally renowned food and beverage, luxurious Rock Spa and Pool Complex, and a high-end retail promenade.
Source: New feed
Global Travel and Tourism Sector Deal Activity Plunges 31.9% in 2023
Global travel and tourism sector witnessed the announcement of a total of 723 deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC)) during 2023, a decline of 31.9% compared to the 1,062 deals announced during the previous year, according to GlobalData.
Source: New feed
MEININGER Hotel Vienna Downtown Sissi Extends Contract by 20 Years
The European hotel group extends contract with landlord GalCap by 20 years and sets to renovate its hotel on Schiffamtsgasse in Vienna, Austria.
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Four Seasons Hotel Dalian to Open March 1st in China's Northeast
All-new Hotel within a high rise building in the city’s harbourside Donggang Business District offers sweeping city and sea views, luxurious accommodations, destination restaurants and bars, a sky-high spa and wellness centre, and extensive event spaces for meetings and celebrations
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Choice Hotels Sets the Record Straight on Path to Regulatory Approval of Combination with Wyndham Hotels & Resorts
Calls Out Wyndham’s Campaign of Disinformation – Reiterates Commitment to Completing Pro-Competitive, Pro-Franchisee, and Pro-Guest Combination
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Best Western Plus Lake Jackson Inn & Suites in Lake Jackson, TX Offered For Sale
Lake Jackson is situated approximately 55 miles south of Houston, and its economy is anchored by the petrochemical industry.
Source: New feed