Accor warns of foreign-exchange hits despite half-year earnings gains
Second half of 2025 might show softness thanks to last year's Olympics comp
French hotel firm Accor saw notable performance gains in revenue per available room, average daily rate and earnings before interest, taxes, depreciation and amortization in the fi...
Economic concerns, political noise upset reciprocal travel demand for US and Europe
Group travel demand might be suffering the most
LONDON — Both U.S. and European travelers are citing a mix of economic, political and perception-based reasons for reducing transatlantic vacations and hotel stays.
Spanish REIT Azora acquires majority share of Greece’s Donkey Hotels
Donkey Hotels' portfolio includes 563-room InterContinental Athenæum Athens
Madrid-based real estate investment trust Azora has acquired a 50.1% stake in Greece's Donkey Hotels for an undisclosed price.
Tata Sons establishes hotel ownership platform to boost growth of Indian Hotels Company
Revenue-sharing model to accelerate expansion of IHCL brands, including Taj Hotels
Tata Sons, the holding company for conglomerate Tata Group, has founded a hotel-ownership platform to spur growth in Tata Group's subsidiary Indian Hotels Company Limited.
London business hub Canary Wharf evolves into destination for locals, hotel guests
Hotel openings focus on up-and-coming brands, including Accor's Tribe
London's Canary Wharf district is poised for its next chapter.
My accent betrayed me during Las Vegas Treasure Island pirate interview
Accor takes over management of 2,884-room Las Vegas hotel where I once applied
Last week I received a WhatsApp message from a contact in the industry to alert me that Accor had entered the Las Vegas market.
Accor to enter Las Vegas in Treasure Island management deal
Casino hotel to boost Accor Americas' room count by 4%
Accor makes its Sin City debut later this year in a move that will add more than 2,800 rooms to its U.S. portfolio.
Blue Coast acquires Courtyard by Marriott Munich for €74.9 million from Union Investment
Munich is hottest investment market in Germany, seller says
London-based Blue Coast Capital has acquired the 248-room Courtyard by Marriott Munich City Center hotel near Munich's central train station from Union Investment GmbH.
Europe, Middle East and Africa hotel deals and developments: Accor brand MGallery Collection makes its debut in Albania
Abu Dhabi-based Eagle Hills acquires Mandarin Oriental Munich
This roundup features the latest hotel deals and developments in the Europe, Middle East and Africa region.
Hotel investors weigh risks as they consider deploying capital across Africa
Markets deemed safe bets across Africa receive lion's share of investment
CAPE TOWN, South Africa — The monumental shift in global economic uncertainty is likely to continue to have major ramifications for hotel investors, leading to creativity in how ca...
Indian Hotels Company and Ambuja Neotia sign 15 hotels in latest partnership
Owner of Taj Hotels took majority share in Ambuja's Tree of Life brand in November 2024
Mumbai-based Indian Hotels Company Limited has entered a partnership with Kolkata-based hotel owner and developer Ambuja Neotia Group to open 15 hotels over the next five years.
UK airport drop-off charges and train fares continue to send wrong messages
Even if carbon offset is the excuse, methodology should be fairer and more simple
This month, the cost of dropping someone off at a British airport, the so-called “kiss-and-fly” tax, went up — of course it went up, not down — at most from £5 ($6.70) to £7 ($9.38...
5 things to know for July 18
Today’s Headlines: Sri Lanka repeals 1954 law banning hotel waitresses working at night; Economists predict more growth, lower chance of recession in US; Costa Rica’s Tabacón resort sells for $111 million; Guest psychology plays bigger role in designing hotel rooms, shared spaces; In the European Union, Dutch employees tend to work the longest
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for July 17
Today’s headlines: Indian Hotel Company acquires $19 million of shares in ELEL Hotels; EU and Japanese exports to US fall amid tariffs; UK hospitality jobs drop by 84,000 since October budget; US hotels post negative metrics across the board; BWH signs Philippines master development deal with Savers Group
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for July 16
Today’s headlines: UK inflation rises to 16-month high in June; Marriott CFO Oberg announces retirement; The numbers behind the growth of the extended-stay hotel segment; Weeklong vacations not in reach of 27% of European Union citizens; Las Vegas Sands starts work on $8 billion Singapore resort
Editor's Note: Some linked articles may be behind subscription paywalls.
5 things to know for July 15
Today’s headlines: Ireland's Dalata Hotel Group agrees to €1.4 billion takeover bid; New York’s Waldorf Astoria to reopen after eight-year renovation; Zara billionaire Ortega acquires Paris hotel for €97 million; Eid festival in Abu Dhabi sees performance hit 16-year highs; Arora acquires fellow UK airport-hotel specialist Bloc
Editor's Note: Some linked articles may be behind subscription paywalls.
Hotel industry in Africa adapts to meet travelers' desires
Marriott moves into safaris; Sun International tweaks timeshare model
CAPE TOWN — Hoteliers in Africa are setting their expansion and portfolio strategies around new types of travelers to the continent.
Europe’s second-richest person acquires Paris hotel for €97 million
Autograph Collection Hotel Banke Opera changes hands for €1.07 million per key
Amancio Ortega, the founder of Spanish clothes retailer Zara, has acquired the 90-room Autograph Collection Hotel Banke Opera in Paris for €97 million ($113.3 million), according t...
Pandox, Eiendomsspar to acquire Ireland’s Dalata Hotel Group for €1.4 billion
The Irish company previously rejected an offer worth €1.27 billion
Dalata Hotel Group has accepted a higher offer from Pandox AB and Eiendomsspar AS to acquire the Irish hotel firm, subject to shareholder approval.
5 things to know for July 14
Today’s Headlines: Grand Canyon Lodge destroyed by fire; More men than women are returning to the office; UK government to ban new upward-only rent reviews; Wyndham signs Cygnett Hotels alliance deal in Asia; Hilton signs its first 'cave' hotel in Turkey
Editor's Note: Some linked articles may be behind subscription paywalls.