IHG Hotels & Resorts (IHG) and its partner, BEST HOSPITALITY Network Inc., have announced that the Holiday Inn brand will return to Tokyo in 2025.
Source: New feed
On January 15, 2025, HVS Brokerage & Advisory announced the sale of the Alister Square Inn, a 50-room hotel in Port Aransas, Texas.
Source: New feed
LivAway Suites and West77 Partners have started construction on a new extended-stay hotel in Tolleson, Arizona, marking the beginning of a significant expansion in the Phoenix metropolitan area.
Source: New feed
These plans include the debut of the Spark by Hilton brand in the country and the addition of a second DoubleTree by Hilton Hotel in Lyon.
Source: New feed
A total of 715 deals comprising mergers and acquisitions (M&A), private equity, and venture financing deals were announced in the travel and tourism sector globally during 2024, which represented a year-on-year (YoY) decline of 4.3% compared to 747 deals announced during the previous year, according to GlobalData.
Source: New feed
The hotel is undergoing extensive renovations led by Squircle Capital under the design vision of Joseph Dirand. It is expected to reopen as The Park Gstaad, a Four Seasons Hotel, in the 2026-2027 winter season.
Source: New feed
Slated to be rebranded by late 2025, the 193-key property is situated on the Jeddah Corniche with views overlooking the Red Sea Coast.
Source: New feed
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed
HVS Brokerage & Advisory has announced the successful sale of the Super 8 by Wyndham hotel located in Jasper, Texas.
Source: New feed
Four Seasons Resort Mauritius at Anahita announces an extensive seven-month-long enhancement project to transform the resortÕs look and feel, building on its unique character and iconic location.
Source: New feed