AccorInvest changes name to Essendi, with Accor committed to exiting stake
Essendi places emphasis on sustainability, quality and portfolio value
LONDON — AccorInvest, the independent ownership vehicle spun off from French hotel company Accor in 2017, has rebranded as Essendi.
Schroders Capital acquires W Edinburgh for undisclosed price
Nuveen sells 244-room hotel in Scottish capital
Investment firm Schroders Capital has acquired the 244-room W Edinburgh from Nuveen Real Estate.
UK tourism spending dropped in 2024 as costs to guests, hoteliers increased
Tourist board VisitBritain's budget cut by 40%
The numbers for inbound United Kingdom tourism spending do not look good, and they make even worse reading for the country’s hotel and hospitality industries, according to the Worl...
Reaching somewhere quickly is not always the best route
New car tunnels come/will come to London and Germany-Denmark
Thirty-three years ago, I embarked on a trip from England to Sweden by car.
Global Hotel Solutions CEO says excellence, quality can add more value than brands
Hurdles to development crop up in Mediterranean resort markets
BERLIN — Specialization is a necessity in today's hotel industry. This is especially true in the luxury segment, which attracts high demand and guests with particular requirements.
Accor: No drop in US hotel demand, a slight bump in Canada from tariff rhetoric
First-quarter revenue jumps 9.2% year over year, surpassing analyst predictions
One of the hotel industry's major global brand companies has yet to see major demand swings from global economic uncertainty and U.S. tariff talk.
Zeal Hotels' exec expects sustainability-focused investors will target non-US hotels
Partnership with IHG intended to fuel sustainable hotel development, operations
BERLIN — Developing hotels to be as environmentally friendly as possible and then operating them sustainably is top of mind for hoteliers throughout Europe.
Singapore’s GIC acquires five hotels from India’s Samhi for $88 million
Acquisition capital will downsize debt
Singapore sovereign wealth find GIC has acquired a 35% share of five hotels in India from Indonesian owner Samhi Hotel Investments for a total of 7.52 billion Indian rupees ($88.1 ...
Luxury brands Aston Martin, Delano shift gears into branded residences
Recent openings include Aston Martin Residences in Miami and Delano Dubai
BERLIN — Iconic luxury brands are trying to court affluent consumers in all manner of ways, including via development of hotels and branded residential properties.
Europe, Middle East and Africa hotel deals and developments: PPF Group acquires Four Seasons Prague
IHG Hotels & Resorts to operate Holiday Inn Jeddah Al Naseem, Saudi Arabia
This roundup features the latest hotel deals and developments in the Europe, Middle East and Africa region.
Marriott accelerates midscale brand openings in Europe, Middle East and Africa
Marriott focuses on East Africa with JW Marriott and Ritz-Carlton openings, signings
BERLIN — Marriott International is ramping up its brand development throughout Europe, the Middle East and Africa in response to growing demand across multiple hotel segments.
5 things to know for April 22
Today’s Headlines: Tongcheng acquires Dalian Wanda’s hotel arm; US hotel executives navigate uncertainty; Macau’s 13 Hotel back on market for $309 million; Default Airbnb rates to include all costs; One US tariff reaches 3,521%
Editor's Note: Some linked articles may be behind subscription paywalls.
Women in hospitality emphasize authenticity, perseverance as key for success
Panel advises women in the hotel industry to be self-aware and confident in careers
LONDON — Like many industries, hospitality has struggled to be equally diverse throughout the corporate and executive level, especially with fewer women in leadership or C-suite ro...
5 things to know for April 17
Today’s Headlines: US Federal Reserve says tariffs likely to make inflation worse; Japanese competition authority warns hoteliers over 'cartel behavior'; Bali alters tourism mix to protect culture, ends hotels moratorium; Canada and South Korea banks hold interest rates; Four Dublin councils move closer to imposing tourism tax
Editor's Note: Some linked articles may be behind subscription paywalls.
Accor focuses on domestic hotel demand throughout Europe as international feeder markets shift
Executive Philippe Bijaoui says Paris Olympics will have ripple effect for next 10 years or more
BERLIN — Accor's development leader in Europe and North Africa sees runway for hotel development in the region as brand-owner relations improve and travel demand is on the rise.
5 things to know for April 16
Today’s Headlines: UK inflation falls to 2.6% in March; International travelers avoid US amid Trump tariffs; Kempinski extends agreement to scale brands with Beijing Tourism Group; Singapore lowers economic forecasts due to tariffs; Wynn Resorts co-founder Elaine Wynn dies
Editor's Note: Some linked articles may be behind subscription paywalls.
How IHG Hotels & Resorts plans to scale Ruby, Garner brands across Europe
British hotel brand company adds to portfolio to meet evolving guest requirements
BERLIN — Acquiring Ruby Hotels earlier this year has been a bit of a milestone for IHG Hotels & Resorts.
5 things to know for April 15
Today’s Headlines: UK job numbers fall; Travelodge acquires 11 hotels, including 9 from Louvre’s Hotel Campanile brand; Corinthia Hotels secures £192 million financing from UK bank; Galveston’s 'Queen of the Gulf' hotel gets total revamp; China port activity to US tumbles due to tariffs
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for April 14
Today’s Headlines: Trump flip-flops on cellphone tariffs; United Arab Emirates hotels experience remarkable performance during Eid al-Fitr; Hotel Properties’ Ong steps down from managing director role after 45 years; Taiwan’s Shayher Group acquires Park Hyatt Melbourne; Omni Hotels cleared of gender-based pay bias allegations
Editor's Note: Some linked articles may be behind subscription paywalls.
IHG CEO eyes Europe for consistency, navigates east for hotel growth
Ruby Hotels’ acquisition underlines European travel appeal
BERLIN — The European hotel industry will continue to perform well due to its unique selling points, said Elie Maalouf, CEO of IHG Hotels & Resorts.