Investment firm M&G Real Estate, via its European Property Fund, acquired the 250-room Travelodge Barcelona Poblenou Hotel in the Catalan capital for approximately €50 million ($58.6 million), or ...
BERLIN — The current situation in the Middle East highlights a necessity for travel in, out of and around the region, said TUI Blue Hotel's Wesam Okasha.
Dalata Hotel Group CEO Dermot Crowley will step down later this year at an unspecified date, according to Scandic Hotels Group, which will soon assume operations of Dalata's hotel portfolio.
Kerten Hospitality's goal as a hotel management company is to bring a fresh approach to the sector, a vision which started to form about a decade ago when hotel owners wanted something different from ...
BERLIN — Covivio Hotels is on a mission to grow, and it is looking to use its available capital to spend on assets and burgeoning operating platform to do just that.
BERLIN — Xavier Grange, global chief development officer, Sofitel, Emblems and MGallery, and all luxury brands, Europe and North Africa at Accor, said even if brands have the scale, history and color ...
BERLIN — After roughly of decade and a half of building a hotel operating business across the U.S., the U.K. and the Middle East, Valor Hospitality Partners co-founder and CEO Euan McGlashan believes ...
BERLIN — One of the main goals of a hotel brand CEO is to scale the brand's portfolio of properties, and Yotel's recent deal with Hilton aims to do just that.
BERLIN — Tourism demand to Europe has been exceptionally strong in recent years, and while that's likely to remain the case, the region faces a higher level of headwinds with sustained war in the ...
BERLIN — The Nordic region, which includes Sweden, Norway, Denmark, Finland and Iceland, has long been considered a difficult market for international hotel ownership and management firms to enter, ...
BERLIN — There is a broad perception that the booking journey for travel — and hotels more specifically — will move to one more driven by artificial intelligence as more consumers integrate ...
Hilton signed a master-franchise agreement with Regenta Hotels & Resorts, a division of Royal Orchid Hotels, to sign and open 125 Hampton by Hilton hotels in India.
While Vietnam has been on the short list of countries outperforming in terms of hotel metrics recently, there were some questions whether that strong performance was just off a low base or if it'd be ...