Owner-led project management in hotel projects maximizes financial and operational success by ensuring that project goals align with the long-term vision and value of the property, rather than the immediate interests of the brand.
Source: New feed
IHG Hotels & Resorts Launches Vignette Collection in Japan with RIHGA Royal Hotel Osaka
IHG Hotels & Resorts debuts its collection brand, Vignette Collection, in Japan with the rebranding of RIHGA Royal Hotel Osaka.
Source: New feed
YOTEL Aims to Double Global Portfolio by 2030 Following Al-Bahar Group Investment
The Al-Bahar Group has acquired an additional 30% stake in YOTEL, increasing its total hold to more than 95%.Ê
Source: New feed
Laurel Real Estate Co. Arranges Sale of Cleveland-Area Fairfield Inn & Suites
Laurel Real Estate Co., a boutique real estate brokerage and member of Hotel Brokers International, announced the successful sale of the Fairfield Inn & Suites in Avon, Ohio. Laurel Real Estate Co. represented the Seller and was the sole brokerage involved in the transaction.
Source: New feed
IHG Hotels & Resorts Expands European Presence with Nine New Brands
IHG has debuted nine of its hotel brands in 13 European countries since the start of 2024, with open and pipeline hotels surpassing 1,100.Ê
Source: New feed
Charleston Harbor Resort & Marina in Charleston South Carolina Sold
American Financial Group, Inc. (AFG) has announced that its wholly-owned subsidiary has entered agreements to sell Charleston Harbor Resort & Marina, a prime resort property and marina in Charleston, South Carolina.
Source: New feed
Main Street Investors Seize Hotel Deals as Wall Street Wavers
While Wall Street investors hesitate, their Main Street counterparts actively seize opportunities within the hotel industry, highlighting a risk versus reward mindset many smaller, nimble owners possess.
Source: New feed
Hyatt Debuts Destination by Hyatt brand in Canada with the Launch of Hotel X Toronto
The hotel’s offerings include a year-round heated rooftop pool, the first Guerlain Spa in Canada, a 90,000-square-foot athletic club, and a curated art gallery.
Source: New feed
Hospitality Consulting Firm HVS London Bolsters Asset Management Services
The division will be led by Alex Mavridis and managed by Charles Carpentier, both with extensive experience in hospitality property management.
Source: New feed
Europe's First Tempo by Hilton Hotel to Open in Belfast
Tempo by Hilton Belfast City Centre, the first Tempo hotel in Europe, is set to open under a franchise agreement with Loughview Leisure Group.
Source: New feed