HOTEL NEWS
CoStar World News for May 21Swedish hotel development puts focus on music; UK housing agency picks advisory firms; French real estate fund investment rebounds
Earlier arrival of Canadian Grand Prix fuels Montreal’s high-stakes tourism weekendFormula One visitors drive hotel room bookings and pricing, and packed dining rooms.
With Stephen Colbert signing off, the cathedral of late night awaits its next actNew York City’s Ed Sullivan Theater faces an uncertain future bound by its landmark status.
Hotel legal experts say investors must ensure they know all the details of a dealHotel investors working through a deal who don't work with legal counsel to understand the terms in a contract may find themselves in an unfavorable position later on.
Atrium Ljungberg plans Stockholm hotel, venues to help further launch Swedish musicDeveloper Atrium Ljungberg is designing a hotel and several music venues to revitalize the Slakthusområdet district of Stockholm.
CoStar World News for May 14Saudi hoteliers all-in despite projects pullback; UK commercial lending hits 10-year high; Blackstone closes major French industrial deal
Experts prioritize master planning to reinvent hotel restaurants and barsExperts say making a hotel's restaurant stand alone and feel local is key to success.
Hotel execs prepare for evolution of booking journey with rise of AIDuring an executive panel at the Americas Lodging Investment Summit CALA, GHL Hoteles CEO Andrés Fajardo said "We all have to be ready" for the significant changes to come.
March momentum, forward-booking pace drive public hotel companies to raise outlooksBoth real estate investment trusts and hotel brand companies increased their expectations for growth this year on their first-quarter earnings calls.
US hotel lobbyists say hospitality advocacy is moving more localCity councils are the new front line for the organizations efforts, according to American Hotel & Lodging Association President and CEO Rosanna Maietta.
India’s stock exchanges for smaller businesses are a growing avenue to raise capitalHoteliers are looking to India’s small and medium enterprise-oriented stock exchanges as prime routes to raising capital and as a stepping stone to eventually list on the country’s principal bourses.
How brands view development opportunities in current economic environment"Next Gen in Lodging" co-host Omari Head speaks to Gabrielle Johnson, manager of development planning and feasibility at Marriott International, on the latest episode of the podcast.
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5 things to know
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Catalan capital moves up from fifth spot, CBRE says
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GD Holdings expands investment with pickup of 16 condos for $21 million
Hospitality
Podcast
Operations
Process could vary based on vendor, expert said
Operations
Brands
Longtime players in the space, Hyatt seeks expansion in Caribbean and Latin America
Brands
5 things to know
5 things to know
Opinions
The earlier in the process the better
Opinions
Brands
Fundamentals hold despite Middle Eastern headwinds
Brands
Ownership
Company prioritizes adaptive reuse, repositioning projects
Ownership
Operations
As more owners turn to this model, greater numbers allow for pushback against brands
Operations
Analytics
Average daily rate has increased each week since the start of the war in Iran
Analytics
Opinions
With the addition of hotels, it moves closer to the everything travel app
Opinions
Office
Marriott enters talks to open 350-room Edition-branded property
Office
Earnings
Brands
Optimism pinned on demand pickup closer to the event
Brands
Operations
Transparency in fees, gratuities can mitigate legal threats
Operations
Ownership
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
Ownership
Operations
Legal experts urge hoteliers to know employee rights, caution compliance
Operations
Interview
Jean-Jacques Morin of Accor France talks to Business Immo
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Brazil
Annual Todo Mundo no Rio show pushes rates, revenues up
Brazil
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Sweden
Redevelopment of Slakthusområdet district one of Scandinavia’s major projects
Sweden
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
Spain
The move makes the investor Meliá’s second-largest shareholder
Spain
United States
Tourist demand for Europe remains strong but is shifting
United States
India
Listing on NSE Emerge and BSE SME are stepping stones to full stock exchange listing
India
Saudi Arabia
Hoteliers take long view on the kingdom, despite pressures from war in Iran
Saudi Arabia
United Kingdom
Hotel only third in Scotland to transact for more than nine figures
United Kingdom
Ireland
Scandic to acquire Dalata operations by end of year
Ireland
Italy
Invest will continue to manage the 21-year-long leases
Italy
Finland
Luxury segment will work if international brands show the way
Finland
Philadelphia, Dallas and New York City are the host markets with the most favorable forecasts for the tournament.
Birmingham’s hotel performance set to gain despite high-speed train pain
The High Speed Two train services won't extend past Birmingham, defying the initial plans.
Sports tourism provides winning opportunities for hoteliers
Expedia Group's report found that North America has $8.1 billion in travel spend up for grabs this summer.
Hilton builds on hotel openings momentum in Caribbean, Latin America
The global hotel brand company has more than 150 hotels under design and construction in the region.
Hotels adapt breakfast options to match type of guest
Sit-down dining is still relevant for resort vacations.
Choice Hotels International CEO steps down
Patrick Pacious served in the role since 2017.
Featured
5 things to know
5 things to know
Brands
Catalan capital moves up from fifth spot, CBRE says
Brands
Hospitality
GD Holdings expands investment with pickup of 16 condos for $21 million
Hospitality
Podcast
Operations
Process could vary based on vendor, expert said
Operations
Brands
Longtime players in the space, Hyatt seeks expansion in Caribbean and Latin America
Brands
5 things to know
5 things to know
Opinions
The earlier in the process the better
Opinions
Brands
Fundamentals hold despite Middle Eastern headwinds
Brands
Ownership
Company prioritizes adaptive reuse, repositioning projects
Ownership
Operations
As more owners turn to this model, greater numbers allow for pushback against brands
Operations
Analytics
Average daily rate has increased each week since the start of the war in Iran
Analytics
Opinions
With the addition of hotels, it moves closer to the everything travel app
Opinions
Office
Marriott enters talks to open 350-room Edition-branded property
Office
Earnings
Brands
Optimism pinned on demand pickup closer to the event
Brands
Operations
Transparency in fees, gratuities can mitigate legal threats
Operations
Ownership
Trio part of 33-hotel portfolio acquired by KKR, Baupost in 2024
Ownership
Operations
Legal experts urge hoteliers to know employee rights, caution compliance
Operations
Interview
Jean-Jacques Morin of Accor France talks to Business Immo
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Brazil
Annual Todo Mundo no Rio show pushes rates, revenues up
Brazil
United Kingdom
The hotels are part of Ireland's MHL Hotel Collection
United Kingdom
Sweden
Redevelopment of Slakthusområdet district one of Scandinavia’s major projects
Sweden
Nigeria
Shoreline Group to invest $300 million as part of 10-hotel deal
Nigeria
Spain
The move makes the investor Meliá’s second-largest shareholder
Spain
United States
Tourist demand for Europe remains strong but is shifting
United States
India
Listing on NSE Emerge and BSE SME are stepping stones to full stock exchange listing
India
Saudi Arabia
Hoteliers take long view on the kingdom, despite pressures from war in Iran
Saudi Arabia
United Kingdom
Hotel only third in Scotland to transact for more than nine figures
United Kingdom
Ireland
Scandic to acquire Dalata operations by end of year
Ireland
Italy
Invest will continue to manage the 21-year-long leases
Italy
Finland
Luxury segment will work if international brands show the way
Finland
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