Vienna-based developer JP Hospitality has launched a new brand in Pan Am Hotel with a development focus on airport hotels both in Europe and internationally.
PHOENIX — This year hasn't quite gone the way hoteliers expected, with performance coming short of expectations and the transaction market remaining relatively quiet as a couple of examples. With 2026 right around the corner, executives at The Lodging Conference hope that next year will bring better results as the industry wades through choppy waters.
In 2024, the average occupancy of branded hotels in Almaty, the largest city in Kazakhstan, and Tashkent, the capital and largest city in neighboring Uzbekistan, set new records as governments efforts to expand the inflow of foreign tourists are starting to pay off.
Spanish real estate investment trust Azora has finalized its acquisition of Spanish hotel operator Medplaya Hotels, along with six of its owned hotel properties, for an undisclosed price.
By the time early fall rolled around in 2024, the hotel industry had more than 10,000 workers scattered across major U.S. markets on picket lines in a historic wave of strikes.
German real estate investment firm KanAm Grund Group has joined forces with Balearic Islands-based Barcelo Gestion Hotelera S.L., parent of Barceló Hotel Group, to invest in upscale hotels in northern and western Europe.
Kickoff for the 2026 FIFA World Cup still is several months away, but there are some key upcoming dates that hoteliers should circle on their calendars if they want to score their performance goals.
MANCHESTER, England — While hotels broadly face challenges in terms of demand and increasing costs, there is significant interest from banks and other lenders to deploy their capital in the space.
The macro picture for the hotel industry is getting increasingly difficult with weaker demand and increasing costs, and that can create less-than-ideal circumstances as hoteliers navigate budget season.
Massimo Caruso was essentially born into the hotel business. His family launched The Placencia Resort in Belize when the 24-year-old Caruso was only a preschooler.
Despite macroeconomic headwinds and some concern from investors and analysts, executives at Amsterdam-based PPHE Hotel Group are confident in their business strategy.
While meetings, events and general business travel have a natural pattern of slowing during certain parts of the year with bad weather in the Western Hemisphere, business travel has remained a focus across the Asia-Pacific region even with heightened typhoon activity.
Despite some pushback from certain parts of the world to the green agenda, the global momentum around hotel and business sustainability continues to move forward.
