The 127-room Radisson Blu Hotel, London Leicester Square has been acquired by CLI Dartriver, according to business advisory CBRE, which helped broker the deal.
BERLIN — Future-proofing is the new marathon-training plan for the hotel industry amid noisy geopolitical unrest, the continuation of cost increases, the jitteriness around interest-rate levels and the K-shaped bifurcation of customer spend.
BERLIN — War in Iran was one of the top topics of discussion during the International Hospitality Investment Forum, but IHG Hotels & Resorts CEO Elie Maalouf said conflict is sadly not a new phenomenon for a global hotel brand company like his.
Texas-based Patel Family Office has signed a partnership agreement with Dammam, Saudi Arabia-based Abdelmalik Tariq Al-Qahtani Co., an affiliate of Abdel Hadi A. Al-Qahtani & Sons, to develop business hotels across Saudi Arabia.
BERLIN — Much of the Western world is closely following the latest on the Iran war, worryingly checking the news for updates on the Middle East. But Accor Chairman and CEO Sébastien Bazin decided he needed to do more.
BERLIN — Hotel executives from around the world are cautious about the geopolitical headwinds present from conflicts in the Middle East but remain believers in the resiliency of hospitality and tourism.
Asset-light, tech-driven lifestyle brand Yotel has signed a franchise agreement with Hilton and will be the first brand included in Hilton’s Select by Hilton brand, according to a joint news release.
ATLANTA — On the second day of the 2026 Hunter Hotel Investment Conference, hoteliers on stage continued some of the optimistic sentiments from the first day while zooming in on market trends they are most concerned about.
Mumbai-based hotel firm Leela Palaces, Hotels and Resorts has acquired its first “wellness-anchored” resort, a 71-villa property in the Indian state of Western Ghats region of Karnataka state.
ATLANTA — Hotel executives speaking at the Hunter Hotel Investment Conference have been bullish on the transaction market in years past, but panelists at the 2026 event believe all of the stars are aligning for the breakthrough to finally happen.
The story of major events across the top 25 markets in the U.S. this year is quality over quantity. But there's a question that remains to be answered: How good will the quality be?
Turkey’s hotel industry is grappling with a volatile economic landscape, with its hoteliers seeking to balance record-breaking tourism numbers with soaring operational costs.
A little more than a month since acquiring two adjacent hotel properties in Manchester, Germany’s A&O Hostels is investing more than €40 million of capital expenditure into a site in Berlin to create Europe’s largest hostel.
Radisson Hotel Group and New Delhi-based MBD Group have signed an agreement to open as many as 50 co-branded hotels in India in the next 10 years, according to India’s The Economic Times.
LOS ANGELES — With nearly 20 years working for Hyatt, Jason Ballard's new mission as senior vice president and global brand leader – Essentials is filling in the gaps for the company's portfolio of hotels to create value for both new owners and new guests.
Performance across Choice Hotels International's U.S. portfolio hindered its fourth-quarter and full-year 2025 results, but executives are bullish about the brand's future, driven by its extended-stay and economy portfolio domestically and positive international results across the board.