CoStar World News for Nov. 20World’s tallest hotel opens in Dubai; UK on track to lead European property recovery; Paris office complex could fetch top price
IHG opens world’s tallest hotelIHG Hotels & Resorts now resides over the world’s official tallest hotel, the 1,004-room Ciel Dubai Marina, Vignette Collection, which rises 1,237 feet in height, beating the previous incumbent by 72 feet.
Emotions and memories guide luxury hotel designRenovating and positioning historic luxury hotels across Europe comes with a diverse set of challenges, including reining in capital expenditures and keeping ahead of what guests expect during their stays.
Hoteliers in the Baltics struggling to share Europe’s recent gainsWhile security fears associated with the Baltic region’s proximity to Russia have largely subsided, economic challenges stemming from rising operational costs and an excessive tax burden have come to the fore.
CoStar World News for Nov. 13Joint venture takes Irish hotel group private; UK entrepreneur targets pickleball demand; French retail property owners resist Shein
With first Emblems Collection hotel, Accor has climbed 'the ladder'Accor CEO and Chairman Sébastien Bazin called the debut of the Emblems Collection hotel brand the latest step in the company's evolution from a midscale hotel company to one with expertise in luxury and lifestyle.
The U.S. hotel industry performed better than expected in October as revenue per available room fell just 0.9%. The federal government shutdown didn’t have as much of an impact as feared.
The U.S. hotel industry performed better than expected in October as revenue per available room fell just 0.9%. The federal government shutdown didn’t have as much of an impact as feared.
As more hotels and brands enter the luxury segment, there is a growing concern that pursuing value might be in conflict with affluent guest desires for personalization during trips.
As more hotels and brands enter the luxury segment, there is a growing concern that pursuing value might be in conflict with affluent guest desires for personalization during trips.
In Sonder Holdings' bankruptcy case, Marriott International filed a relief motion that outlines the final communications with Sonder Holdings before the aparthotel company announced its plans to liquidate.
In Sonder Holdings' bankruptcy case, Marriott International filed a relief motion that outlines the final communications with Sonder Holdings before the aparthotel company announced its plans to liquidate.