The owners of a Dolly Parton-inspired amusement park have reached a deal to buy a property in Idaho that’s described as the largest theme and water park in the Pacific Northwest.
After two years of steady gains, hotel performance across the Pacific Northwest has cooled notably this year, reflecting weaker business confidence, a pullback in government-related travel and a drop in visitors from Canada.
The International Luxury Hotel Association came to Prague last week to host its Inspire Europe 2025 conference for the first time in the continent since before the pandemic.
PRAGUE, Czech Republic — Developing and maintaining luxury hotels takes a lot of planning and data-driven decisions, but equal amounts of emotion and soul are required, too.
Metrocentre, the Gateshead super prime retail and leisure destination, has secured a £70 million refinancing with Lloyds in a move that will lower its cost of capital and provide more runway for capital expenditure and working capital requirements.
The UK occupier markets have shown continued robust performance over the past six months, though the story varies by sector and location, according to CoStar’s latest Market Activity Tracker report.
Luxury and upper-upscale hotels across the southern United States entered fall with mixed fortunes. Through September, revenue per available room, or RevPAR, trends reveal a bifurcated landscape, with some cities thriving on strong average daily rate growth, while others struggle under occupancy pressure.
According to recent conversations between CoStar Market Analytics and several market participants, hotel executives are rethinking what truly drives performance in an increasingly complex lodging landscape.
Principal shareholders of Amsterdam-based PPHE Hotel Group, publicly listed on the London Stock Exchange and part of that exchange’s FTSE 250 Index, are mulling an exit from the company.