Hoteliers believe the German hotel industry has yet to recover fully from COVID-19 levels in many markets. A spate of hotel-form insolvencies in Europe’s largest economy have raised questions about the country’s principal hotel model: leases.
Belize and Turks and Caicos are both resort havens that are growing in popularity as vacation destinations. However, they are not typically thought of as all-inclusive hot spots in the way Jamaica, Mexico, Dominican Republic and other Caribbean countries are.
Madrid-based real estate investment trust Hotei Properties Group SOCIMI, which changed its name last October from Millenium Hospitality Real Estate, has agreed to sell its 93-room hotel Nômade Temple Madrid to its current operator, Miami-based Nômade People, for €105 million.
Hotel industry analysts expect to see several strategic changes at Choice Hotels International after Patrick Pacious stepped down as president and CEO in late May.
Despite a relative proximity to geopolitical conflict and instability elsewhere in the Middle East, Egypt has shown to be a safe haven for hotel investment and development.
NEW YORK CITY — Every person traveling has a different definition for what luxury is, said Omer Acar, CEO of Raffles and Fairmont Hotels & Resorts at Accor.
NEW YORK — When Jonathan Halkyard, chief financial officer at MGM Resorts International, agreed to an on-stage interview at the NYU International Hospitality Investment Forum, an acquisition bid from Barry Diller's People Inc. was not on his radar.
NEW YORK — The U.S. hotel industry is facing no shortage of headwinds, whether it be high construction and labor costs, a tense geopolitical environment, or negative sentiment toward America. Despite all of this, U.S. performance in 2026 has been solid so far, already surpassing a tough 2025 with major events such as the FIFA World Cup and America's 250th anniversary still ahead.
CORAL GABLES, Florida — Accor has a long history with Latin American countries, and the French hotel firm is expanding its focus to Mexico and the Caribbean.
CORAL GABLES, Florida — As destinations around the Caribbean and Latin America continue keep growing in popularity, IHG Hotels & Resorts’ development team wants to capitalize on that and Mexico tops the list.
Hilton's 2024 acquisition of the Graduate Hotels brand helped spark a refreshed approach to lifestyle hotels for the company, and the latest stage of growth is an extension of that very brand.