HOTEL NEWS
Bally’s Bronx casino bid wins local panel supportThe 5-1 vote advances the New York City project to the next round.
The difference in travel between Asian, western storm seasonsBusiness travel is still a focus in Asia-Pacific destinations even during periods of heightened typhoon activity, STR's Jesper Palmqvist said.
New York casino bids advance for Resorts World in Queens, MGM Empire City in YonkersTwo projects seeking a state gaming license won unanimous committee approvals.
CoStar World News for Sept. 25Tokyo firm to buy Ace Hotel parent; Amazon Fresh to close all UK stores; Champs-Élysées in Paris posts retail recovery
Hotels shake up new seasonal sips with autumnal drink selectionsThis slideshow features a selection of drinks that hotels across the U.S. are serving guests this fall.
San Francisco officials approve new hotel in vote of confidence for hard-hit tourism sectorThe project comes as some city stakeholders anticipate brighter times for the region's economy tied to visitors.
Literary hotels that showcase a novel guest experienceFrom overflowing bookshelves to reading-ready nooks, these seven hotels tout literary decor and fictional features.
Olympia Hospitality takes tailored approach to management in uncertain environmentIn a recent video interview, Olympia Hospitality President Sara Masterson described how conversions of group business is lower than it was before even though the number of inquiries has stayed consistent.
Hotel experts react to Fed cutting interest rates for first time in nearly a yearThe Federal Reserve has cut interest rates by 25 basis points, which is welcome news to hotel owners hoping for lower cost of debt.
Austin city leaders, hoteliers make adjustments during major convention center closureVisit Austin President and CEO Tom Noonan said his city is leaning into a shorter but heavier period of disruption to get to the upside of the $1.6 billion project by 2029.
The value of housekeeping for guests and hotelsDavidson Hospitality Group executives joined the latest episode of the CoStar News Hotels podcast to talk about both the guest experience and career growth benefits of working in housekeeping.
Starboard Hotels undertakes 71-room expansion in sensitive Lake District national parkStarboard Hotels has owned the 35-room Windermere Manor Hotel in the Lake District, England, for almost a decade. The hotel has a long history of welcoming and serving visually impaired guests, but as it gets ready to embark on a 71-room expansion, the firm needs to carefully juggle strict planning protocol and the needs of a fragile region with sound business practice.
Japan's Seibu Prince Hotels to buy Ace Group International for $90 millionJapan's Seibu Prince Hotels Worldwide is buying Ace Group International and its Ace Hotel brand and creative firm Atelier Ace for $90 million.
Featured
5 things to know
5 things to know
Retail
Thor Equities’ $3.4 billion proposal meets rejection, as did Manhattan bids for licenses
Retail
Opinions
How this hotelier sees AI affecting the hospitality industry
Opinions
Analytics
Regional parks see lower spending while destination parks benefit from wealthier guests
Analytics
Podcast
Operations
CEO James Carroll reflects on the hotel management company's 25 years in business
Operations
5 things to know
5 things to know
Opinions
Bolognese producer develops revolutionary ice cream cart
Opinions
Podcast
Operations
The intersection of green initiatives and profitability is a central focus for hotel executives, investors and employees
Operations
Operations
Greenwich Village's Walker Hotel transforms room 204 into weekly 'Room 204' play
Operations
Analytics
In Canada, revenue per available room continues to rise
Analytics
Opinions
Providing bank for your buck isn't the same as discounting, though
Opinions
Analytics
'Buy Canadian' movement benefits hoteliers across the country
Analytics
Brands
Company's two brands receiving interest from markets such as Arizona and Florida
Brands
Multifamily
Green energy loan for Pendry Hotel & Residences Tampa includes first in Florida to fund flood panels
Multifamily
Sale
Circa 200-key scheme bought by Gibraltar-based fund Yellow Tree
Sale
Hospitality
Private equity firm cashes out $148 million on island property debt
Hospitality
Development
KPC Development tops out on Kali Hotel near SoFi Stadium in Inglewood
Development
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Podcast
China
Business travel still a focus in Asia-Pacific destinations even around typhoons
China
France
Buyers are Bain Capital, Columbia Threadneedle and QuinSpark Investment Partners
France
Saudi Arabia
Most complex developments are being reevaluated or extended as Saudi officials try to diversify country's economy
Saudi Arabia
France
Head of LVMH pays €200 million for hotel near Monaco
France
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
Macao
New acquisition to be converted back to casino use and connect two of SJM's Lisboa hotels
Macao
United Kingdom
Known for airport hotels, Arora diversifying into country retreats, golf and partnership with B&B Hotels brand
United Kingdom
South Korea
Former owner Samjeong collapsed following Busan hotel fire, deaths
South Korea
India
The three hotel firms operate 154 hotels, nearly all in India
India
Podcast
United Kingdom
STR's William Anns talks about impact of Oasis tour, other major events in Europe on latest EMEA podcast
United Kingdom
Australia
Thai owner KS Hotels has history with Park Hyatt in Cambodia and Thailand
Australia
Egypt
Climate change might be highest hurdle in North Africa
Egypt
Spain
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Spain
Throughout the Annual Hospitality Conference, speakers weighed their biggest concerns to drag the U.K. economy and hotel performance throughout the country in the months ahead.
Inside the food-and-beverage operations at a family-owned hotel
Massimo Caruso joined the latest episode of the Next Gen in Lodging podcast to discuss his life and career in the hotel industry.
Italian hotel industry poised for more growth as travel market matures
Italy has become an aspirational destination for travelers, including the returning Chinese and growing Indian markets. But to offset concerns around overtourism, staff readiness and commercial risk, hoteliers must exercise patience.
Are hotels facing an industry-specific recession?
Tell Me More: A Hospitality Data Podcast hosts weigh in on US hotel performance amid slow-but-stable GDP growth.
PPHE Hotel Group stays the course on portfolio strategy
Amsterdam-based PPHE Hotel Group is considering a new emphasis on limited-service hotels as it continues to revamp its glamping offering.
Recently renovated hotel pays homage to historic town of Alexandria, Virginia
The Hotel Heron in Old Town Alexandria brings together this history of the region with the charm of the current community.
Featured
5 things to know
5 things to know
Retail
Thor Equities’ $3.4 billion proposal meets rejection, as did Manhattan bids for licenses
Retail
Opinions
How this hotelier sees AI affecting the hospitality industry
Opinions
Analytics
Regional parks see lower spending while destination parks benefit from wealthier guests
Analytics
Podcast
Operations
CEO James Carroll reflects on the hotel management company's 25 years in business
Operations
5 things to know
5 things to know
Opinions
Bolognese producer develops revolutionary ice cream cart
Opinions
Podcast
Operations
The intersection of green initiatives and profitability is a central focus for hotel executives, investors and employees
Operations
Operations
Greenwich Village's Walker Hotel transforms room 204 into weekly 'Room 204' play
Operations
Analytics
In Canada, revenue per available room continues to rise
Analytics
Opinions
Providing bank for your buck isn't the same as discounting, though
Opinions
Analytics
'Buy Canadian' movement benefits hoteliers across the country
Analytics
Brands
Company's two brands receiving interest from markets such as Arizona and Florida
Brands
Multifamily
Green energy loan for Pendry Hotel & Residences Tampa includes first in Florida to fund flood panels
Multifamily
Sale
Circa 200-key scheme bought by Gibraltar-based fund Yellow Tree
Sale
Hospitality
Private equity firm cashes out $148 million on island property debt
Hospitality
Development
KPC Development tops out on Kali Hotel near SoFi Stadium in Inglewood
Development
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Podcast
China
Business travel still a focus in Asia-Pacific destinations even around typhoons
China
France
Buyers are Bain Capital, Columbia Threadneedle and QuinSpark Investment Partners
France
Saudi Arabia
Most complex developments are being reevaluated or extended as Saudi officials try to diversify country's economy
Saudi Arabia
France
Head of LVMH pays €200 million for hotel near Monaco
France
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
Macao
New acquisition to be converted back to casino use and connect two of SJM's Lisboa hotels
Macao
United Kingdom
Known for airport hotels, Arora diversifying into country retreats, golf and partnership with B&B Hotels brand
United Kingdom
South Korea
Former owner Samjeong collapsed following Busan hotel fire, deaths
South Korea
India
The three hotel firms operate 154 hotels, nearly all in India
India
Podcast
United Kingdom
STR's William Anns talks about impact of Oasis tour, other major events in Europe on latest EMEA podcast
United Kingdom
Australia
Thai owner KS Hotels has history with Park Hyatt in Cambodia and Thailand
Australia
Egypt
Climate change might be highest hurdle in North Africa
Egypt
Spain
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Spain
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