Since opening its first property in the region in 1975, IHG has expanded its portfolio to include 800 hotels, contributing significantly to the growth of the hospitality industry and supporting economic development in the region.
Source: New feed
HVS Brokerage & Advisory announced the sale of the 73-key Hampton Inn & Suites by Hilton Houston Ð Cypress Station to RS 150 Hospitality LLC on January 16, 2025.
Source: New feed
The Naskapi Nation, the Mi’gmaq, the Huron-Wendat Nation, and the Cree Nation united under a newly formed entity, Atenro, to complete the acquisition. Hilton will continue to manage the hotel.
Source: New feed
The four-star establishment, nestled in the Pennine Alps, is set to undergo renovations before its official opening under the new brand in March 2025.
Source: New feed
With about 120 Sofitel properties, more than 120 boutique hotels under MGallery, and a growing portfolio of EmblemsÕ bespoke destinations, the Group reports a record growth in 2024 with close to 90 hotels signed in the pipeline to be opened in the coming years
Source: New feed
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