CHICAGO (December 18, 2024) – Hyatt Hotels Corporation (NYSE: H) and The Venetian Resort Las Vegas today announced a long-term licensing agreement to make the iconic luxury property on the Las…
Source: New feed
The hotel will open in 2028 and will be located in Bahrain Bay, one of the capital city’s most exclusive areas.
Source: New feed
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
Source: New feed
Source: New feed
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed
raditionally, property owners in Australia have favored maintaining the independence of their hotels. However, the pandemic and industry evolution are catalyzing a shift towards the franchising model.
Source: New feed
The agreement will see the ANA Crowne Plaza brand return in 2025 to Okinawa with the 123-room ANA Crowne Plaza Resort Okinawa Uruma Hills.
Source: New feed
The five new agreements under the franchise model in partnership with Delonix group are for the Grand House Hotel in Shaoxing, Grand New Century Hotel in Wenzhou, Wonderland Resort in Shangrao Sanqingshan, Grand House in Jiangyin, and Grand New Century Resort in Changxing.
Source: New feed
The new hotels in Ethiopia include the five-star Elilly International Hotel in Addis Ababa’s Kazanchis business district and the four-star Elilly Bishoftu resort, situated on the shores of Bishoftu Guda Lake, currently under construction.
Source: New feed