IHG Hotels & Resorts increased its global portfolio to more than 7,000 hotels in the first quarter of 2026, an early birthday present before it celebrated its 80th anniversary on April 4.
Saudi Arabia's lofty Vision 2030 strategy for major tourism, hospitality and entertainment investment has lost a bit of its sparkle, but hoteliers are confident the long-term prospects for the ...
The ongoing war in Iran will lead to reduced travel demand in the Middle East as business pivots to Europe along with increased intracontinental travel from Europeans themselves.
The Qatari Diar Real Estate Investment Co., a division of sovereign wealth fund, the Qatar Investment Authority, completed a £450 million ($611 million) refinancing of the 144-room The Chancery ...
Executives at British hotel firm Whitbread PLC, which runs brand Premier Inn, the United Kingdom’s largest brand by hotel and room counts, said the firm is in the process of disposing a portfolio of ...
BERLIN — Navneet Bali, founder and CEO of LyvInn Hotels, said he is delivering a hostel-hotel brand expressly to serve the growing number of young, tech-savvy European travelers.
Investment firm M&G Real Estate, via its European Property Fund, acquired the 250-room Travelodge Barcelona Poblenou Hotel in the Catalan capital for approximately €50 million ($58.6 million), or ...
BERLIN — The current situation in the Middle East highlights a necessity for travel in, out of and around the region, said TUI Blue Hotel's Wesam Okasha.
Dalata Hotel Group CEO Dermot Crowley will step down later this year at an unspecified date, according to Scandic Hotels Group, which will soon assume operations of Dalata's hotel portfolio.
Kerten Hospitality's goal as a hotel management company is to bring a fresh approach to the sector, a vision which started to form about a decade ago when hotel owners wanted something different from ...
BERLIN — Xavier Grange, global chief development officer, Sofitel, Emblems and MGallery, and all luxury brands, Europe and North Africa at Accor, said even if brands have the scale, history and color ...
BERLIN — After roughly of decade and a half of building a hotel operating business across the U.S., the U.K. and the Middle East, Valor Hospitality Partners co-founder and CEO Euan McGlashan believes ...