5 things to know for Oct. 30
Today’s Headlines: Essendi sells hotels in Argentina to Cyprus’ ISWM Group; Hurricane Melissa leaves devastation as it moves into open Atlantic Ocean; PPHE Hotel Group reports robust third-quarter numbers in line with expectations; US hotels performance continues to show negative trends; US Federal Reserve cuts interest rates again
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5 things to know for Oct. 29
Today’s headlines: Melissa strongest hurricane ever to hit Jamaica; Oasis tour boosts Southern Hemisphere forward bookings above 75%; Scandic expects Dalata hotel operations acquisition to close in early November; Malaysia’s YTL acquires Auckland Indigo hotel for $92.4 million; Patrick Short rejoins TPG Hotels & Resorts and shares firm’s vision
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Malaysia’s YTL acquires Hotel Indigo Auckland
Deal is second largest hotel deal in New Zealand in 2025
A hotel acquisition in New Zealand is the second-largest deal in the country in 2025.
5 things to know for Oct. 28
Today’s headlines: Eighth-strongest on record, Hurricane Melissa reaches Jamaica; Israel’s Dan Hotels acquires first US property; Samhi to enter Mumbai with 700-room dual-branded hotel; Pebblebrook launches new $150 million share buyback; US, global stock markets reach record highs
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Italian state-controlled hotel funds seek balance of profit, heritage and community
Fund executives conscious of Italy’s fragmented hotel landscape
ROME — Italy’s state-backed funds and sovereign wealth funds are focusing on providing sustainable hotel developments and adjacent communities with return on investment as an impor...
5 things to know for Oct. 27
Today’s Headlines: UK government to spend £15.3 billion on asylum hotels; Sweden’s EQT sells Osaka Holiday Inn for $148 million; UK MP alleges hotels loophole to avoid government safety regulator; Tariffs might soon hit US consumers hard; Joint venture to acquire real estate investment trust Sotherly Hotels
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Circuits, coincidences and caramelization during Goodwood race weekend
Fauna Brewery newly moves into a neighborhood pub and adopts four guestrooms
Last weekend I ran the Goodwood Motor Circuit Marathon near Chichester, England.
Accor considers spinning off lifestyle division Ennismore, raises 2025 earnings outlook
2024 Paris Olympics provide tough comparison to Accor's French portfolio in third quarter
French hotel firm Accor has raised its earnings outlook for full-year 2025 and is considering spinning off its its lifestyle hotel and restaurant division Ennismore as a separate p...
Kew Green Hotels names David Taylor as new CEO
Kew Green is IHG’s largest Holiday Inn partner in the UK
United Kingdom-based hotel management firm Kew Green Hotels has a new CEO in David Taylor.
IHG hints at new hotel collection brand as company set to trade shares in London in US dollars
Performance of Europe portfolio acts as counterweight to sluggish US hotel demand
Better-than-expected performance coupled with consistent portfolio growth gave IHG Hotels & Resorts a boost in the third quarter.
What the return of Chinese travelers means for European hoteliers
China's growing interest in winter sports has spurred planning for more international vacations
Chinese travelers are beginning to take more trips abroad, including to European destinations.
Hyatt and Homeinns sign China Hyatt Studios master-franchise agreement
Deal is for 50 hotels in primary and secondary Chinese cities
Hyatt Hotels Corp. is partnering with Shanghai-based Homeinns Hotel Group once again.
Europe, Middle East and Africa hotel deals and developments: A&O acquire hotel in London’s Docklands for new 500-room property
IHG and Jadeer Group to debut Hotel Indigo brand in New Cairo in 2031
This roundup features the latest hotel deals and developments in the Europe, Middle East and Africa region.
Marriott’s Oberg reflects on 40 years of hotel industry passion and hard work
Retiring next March, Marriott's CFO remembers acquisitions, in-house brands and timeless advice
MANCHESTER — With her retirement a few months away, Leeny Oberg, Marriott International’s chief financial officer and executive vice president of development, spoke at an industry ...
Macdonald Hotels reports earnings loss tied to failed lawsuit against Bank of Scotland
Hotel firm claims it was pressured to sell hotels to reduce debt
Bathgate, Scotland-based Macdonald Hotels & Resorts experienced substantial legal costs followings its failed case against Bank of Scotland, according to an earnings statement.
Rutgers University’s London event melds jazz, publishing, hospitality and Denmark
Rutgers University-Newark has the world’s most important jazz archive
To Eastcheap Records in the city of London on Oct. 14 for a gathering of former students of Rutgers, The State University of New Jersey, to celebrate the Newark campus’ collection ...
Mandarin Oriental to go private with $4.2 billion valuation
Jardine Matheson, via division Bidco, to acquire final 11.96% of hotel group
Mandarin Oriental Hotel Group is set to go private.
Whitbread focuses on converting underperforming restaurants into additional hotel rooms
British company's hotel portfolio in Germany has shown some softness, though executives project profitability
Whitbread executives are confident their hotel business — including the Premier Inn brand — can withstand the headwinds ahead in its home market the United Kingdom and in Germany, ...
Langham Hospitality Group shifts brand growth focus to hotel management deals, CEO says
Bob van den Oord plans for future expansion of company's 160-year-old brand
As The Langham Hotels and Resorts brand celebrates its 160th birthday across 2025, the CEO of its parent company is planning its future growth.
Securing Italian hotel yield requires skin in the game and a details-focused approach
US guests and global investors are flocking to Italy, driving competition for deals
ROME — The competition is heating up among institutional investors to find premium hotels and resorts in Italy that can command high enough average daily rates required to fulfill ...