Everything you wanted to know about buying and selling hotels.
Costa Coffee faces a challenging 2023, posting a £9.6M loss despite rising revenues. Inflation and higher operational costs have pressured profitability, but the brand remains committed to growth and innovation across its global footprint.
The Four Seasons Hotel London at Tower Bridge rebrands, embracing its historic location and marking a new era of luxury. With Michelin recognition and curated guest experiences, the hotel offers a sophisticated immersion into London's rich heritage.
Helsinki's crowning as the world's most sustainable travel destination in 2024 is a testament to the city’s environmental leadership and inclusive approach to tourism. With initiatives ranging from renewable energy to low-emission transport, Helsinki is not only preserving its natural beauty but shaping the future of global travel.
IHG marks 60 years of pioneering hospitality in Japan, celebrating a legacy that began with the 1964 Tokyo Olympics. With iconic hotels like Keio Plaza InterContinental and partnerships such as the ANA joint venture, IHG continues to shape Japan’s luxury hotel landscape while looking ahead to a bright future of innovation and growth.
Six Senses is elevating its presence in Italy with the upcoming Six Senses Milan and Six Senses Lake Como. Slated to open in 2025 and 2028 respectively, these properties will bring together luxury, sustainability, and wellness, blending the rich history of their iconic locations with the brand’s signature focus on rejuvenation and holistic hospitality.
Dusit International is reintroducing its signature Thai hospitality to India with the launch of dusitD2 Fagu, a luxurious retreat nestled in the Himalayan foothills. Set to open in December 2024, the resort promises a tranquil escape with a unique blend of Thai warmth and local charm, offering wellness, adventure, and unmatched dining experiences amid the stunning landscapes of Fagu near Shimla.
Spark by Hilton is set to launch its premium economy brand in Austria with two new properties opening in Vienna later this year. Offering a unique blend of value and comfort, the hotels will cater to both business and leisure travelers, with modern amenities, bright spaces, and signature services.
From the tranquil lakeside retreats to chic city stays, Ontario's newest hotels offer a wide array of experiences for travelers. Whether you're seeking a serene nature escape, an urban luxury retreat, or a thrilling resort experience, these 25 newly opened hotels across the province promise comfort, adventure, and hospitality at its finest.
The Vineyard, famed for its wine heritage and Michelin-star quality, is set for a new chapter as Apex Hotels takes ownership, continuing its legacy while expanding its portfolio.
Review mining transforms guest feedback into actionable insights, helping hotels refine services, improve marketing, and stay competitive by understanding what truly resonates with guests.
International investors are increasingly eyeing the Nordic hotel market due to weakening local currencies, rising visitor numbers, and a unique blend of stability, sustainability, and untapped potential.
Hyatt and China Resources Land's joint venture marks a pivotal step in expanding Hyatt's presence across China, enhancing its offering with Mumian hotels and bolstering growth through a robust asset-light strategy.
The Gupta Group, from its $108 beginning, has become a visionary force in Canadian hospitality. Under Reetu Gupta’s leadership, the company delivers cutting-edge experiences, blending luxury with technology while planning for an exciting, multi-generational future.
Canadian travelers are in for a treat as Transat announces reduced rates on South vacation packages, perfect for fall and winter getaways. Prices start as low as $799 from Quebec, $899 from Ontario, and $999 from the Maritimes, with special deals available for travel until April 30, 2025. In addition to these enticing rates, travelers can benefit from Transat's Option Flex, which allows for easy changes, cancellations, or transfers—offering flexibility for those looking to secure their dream vacation without the stress...
Myrtle Beach is evolving beyond its famous coastline, with new hotel developments, expanded attractions, and unique experiences across 14 distinct communities. After a post-pandemic recovery, the destination is welcoming Canadians back with fresh offerings, including a PGA Tour event, new trails, and a resurgence in group travel and golf tourism.
Whitbread, the parent company of Premier Inn, has announced the sale of 51 branded restaurants for £56 million as part of a strategic overhaul aimed at enhancing its hotel operations. This move follows earlier plans to convert a significant number of its restaurant sites into hotel rooms, showcasing Whitbread’s commitment to adapting its business model in a changing hospitality landscape. With ongoing construction and a clear growth trajectory, the company is poised for substantial expansion in the coming years.
In a recent survey by Deloitte, London has once again emerged as the most attractive city for hotel investment in Europe, followed by strong contenders like Paris and Madrid. Meanwhile, Edinburgh continues to lead the charge for UK regional investments, reinforcing its reputation as a prime destination for hotel development. With a positive outlook on the hotel market and rising interest in upscale and luxury segments, the landscape of hotel investment in 2024 is shaping up to be dynamic and...
Michelin has officially recognized excellence in hospitality with its inaugural key awards for hotels across the UK and Ireland. This prestigious accolade aims to highlight exceptional stays, categorizing establishments into a three-tier system. With renowned venues like Le Manoir aux Quat'Saisons, Gleneagles, and the Connaught receiving the top honors, the list of 123 awardees showcases the finest accommodations available, making it a must-see for travelers and hospitality enthusiasts alike.
As autumn settles in, the UK is buzzing with new culinary and hospitality experiences. October 2024 introduces a vibrant mix of cozy pubs, innovative restaurants, and luxurious hotels, inviting guests to explore unique flavors and atmospheres. From traditional farm-to-table offerings in the countryside to trendy eateries in the heart of London, this month promises a feast for both the palate and the senses.
Hilton’s latest annual Trends Report forecasts that 2025 will be the "Year of the Travel Maximizer," as global travelers seek to make the most of every trip. Combining adventure with relaxation, and blending work with play, new travel trends such as "Go Getaways," "Hurkle-Durkling," and "MeMooners" are emerging. These trends reflect a growing desire to optimize both time and money for memorable and diverse experiences.
