WILLEMSTAD, Curaçao — For the most part, luxury hoteliers in the Caribbean region won't be talking about new developments without mentioning residential opportunities in the same breath.
As Amarillo, Texas, continues its revitalization ahead of a busy year for tourism, one historic hotel — and little-known feminist landmark — in the Lone Star State's wild west just secured its historical distinction.
Copthorne Hotel Holdings, a subsidiary of Singapore-based City Developments Limited, acquired the 706-room Holiday Inn London-Kensington High Street for £280 million ($370 million) or £396,601 ($525,616) per key.
The 18 years since Chris Nassetta took over as chief executive of hotel brand giant Hilton has been an eventful stretch both for the company and him personally.
The collapse of aparthotel company Sonder Holdings and the headache it's caused Marriott International have been making headlines lately, but there's a long story behind how these companies got here.
From covering conferences in the Caribbean and Prague to news from the United Kingdom and Dubai, CoStar News Hotels has its pulse on the global hotel industry.
PRAGUE, Czech Republic — How do luxury hotels and hoteliers “humanize” themselves yet at the same time “bedazzle” guests who don't flinch at high nightly room rates?
WILLEMSTAD, Curaçao — The all-inclusive hotel model is nothing new to the Caribbean, but with new technologies and areas where they can still grow market share, hoteliers have many development opportunities in the region.
Earlier in the year, most publicly traded hotel companies downgraded their full-year 2025 outlook as tariffs were unveiled by the U.S. and sentiment from international travelers weakened.
Marriott International has alleged in Sonder Holdings’ bankruptcy proceedings that the aparthotel company sought to “leverage guest safety as a bargaining chip” to pay for its wind-down.
PRAGUE, Czech Republic — More education and guidance are required to guide hoteliers in the right direction regarding sustainability, with the discipline often promoted more in rhetoric than practice, especially in luxury hotels.
PRAGUE, Czech Republic — Developing and maintaining luxury hotels takes a lot of planning and data-driven decisions, but equal amounts of emotion and soul are required, too.
Principal shareholders of Amsterdam-based PPHE Hotel Group, publicly listed on the London Stock Exchange and part of that exchange’s FTSE 250 Index, are mulling an exit from the company.
Despite a solid rise in the number of foreign visitors, hoteliers in the three Baltic nations — Estonia, Latvia and Lithuania — have few reasons to celebrate this year, with the economic situation in its hospitality industry and region leaving much to be desired.