Following successful market entries in Croatia and Albania, the company aims to open five new hotels and resorts in the region by 2027.
Source: New feed
Month: November 2024
Wyndham and Lafayette Ink Deal to Aid Diverse Franchisees
Through this partnership, Wyndham will vet and directly connect eligible owners with Lafayette Square, which intends to provide up to $100 million in combined financing over the coming years to help hoteliers advance otherwise stalled projects.
Source: New feed
Dusit International and TDF Sign MoU to Develop High-Impact Hospitality Projects in Saudi Arabia
Dusit International has inked a Memorandum of Understanding (MoU) with Saudi Arabia’s Tourism Development Fund (TDF). This partnership establishes a framework for developing hospitality projects to enhance Saudi Arabia’s tourism sector.
Source: New feed
Global Travel and Tourism Deal Activity Down by 10.4% Yoy During January-October 2024
A total of 583 deals (mergers and acquisitions (M&A), private equity, and venture financing) were announced in the Travel and Tourism sector from January to October 2024.
Source: New feed
World of Hyatt and Headspace Launch New Series to Help Travelers Find A Good Night's Sleep
CHICAGO (NOVEMBER 14, 2024) – Hyatt’s award-winning loyalty program, World of Hyatt, in collaboration with Headspace, the world’s most accessible and comprehensive mental health platform,…
Source: New feed
Hyatt to Add Hotel La Compañía del Valle, an Art and Wellness House, in Panama
CHICAGO (November 14, 2024) – Hyatt Hotels Corporation (NYSE: H) and Shebandowan Holdings, S.A. today announced plans for Hotel La Compañía del Valle in Valle de Anton, Panamá, slated to open…
Source: New feed
Marriott Courtyard Midtown Anchorage Hotel Set for Spring 2026 Completion
Affinity Hospitality has announced the construction of a new Courtyard by Marriott Hotel in Midtown Anchorage. T
Source: New feed
Star Hotels Acquires Rydges Gold Coast Airport Hotel
Wayne Bunz, National Director of CBRE Hotels, managed the transaction through an exclusive, invitation-only sale campaign.
Source: New feed
Swiss International to Open Swiss Spirit Fortress Stadium Hotel in Pakistan
Swiss International Hotels & Resorts is set to establish its first mid-scale hotel in Pakistan, slated to open in October 2025. The hotel, named Swiss Spirit Fortress Stadium, will be a refurbishment of the existing Silver Mall.
Source: New feed
Choice Hotels Expands Upscale Category with New Cambria Hotel Openings and Groundbreakings
The new properties are in Imperial, California; Pigeon Forge, Tennessee; and Spokane, Washington.
Source: New feed