Hilton Worldwide is set to debut in Moldova with the transformation of the historic Dacia Hotel in Chișinău. This landmark investment signals a new era for Moldovan tourism, promising world-class accommodations and economic growth.
The Wynn Al Marjan in Ras Al Khaimah has been awarded the UAE's first commercial gaming license, signaling a bold shift in the region's approach to tourism and luxury hospitality. This iconic resort will feature a casino, lavish accommodations, world-class dining, and expansive event spaces.
STR and Tourism Economics project a shifting landscape in global hospitality, with uneven RevPAR growth across regions due to inflation, geopolitical tensions, and varying economic recoveries. Europe faces dampened ADR gains, while the Asia Pacific struggles with weak Chinese demand. The Middle East shines as a global leader, outpacing 2019 levels by 21%.
Frasers Hospitality achieves significant milestones in sustainability, becoming the first hospitality group in Australia to receive a Green Star Performance rating while earning a 5-Star GRESB 2024 ranking and Regional Sector Leadership in Asia/Hotel. These accolades reinforce its commitment to eco-conscious hospitality and long-term ESG goals.
Hilton announces the debut of its luxury brand, Signia by Hilton, in Amman, Jordan, set to open in 2025. As the brand’s first property outside the United States, the 272-key hotel will feature sophisticated design, state-of-the-art meeting facilities, and curated dining experiences, marking a significant milestone in Hilton’s global expansion strategy.
After a two-year hiatus, Dubai will reinstate its 30% alcohol sales tax starting January 2025. This policy shift marks a return to higher costs for distributors, hospitality venues, and consumers, raising questions about its impact on the city’s thriving tourism and nightlife economy.
Minor Hotels introduces NH Collection to Thailand with the newly unveiled NH Collection Samui Peace Resort. Nestled on Koh Samui’s serene Bophut Beach, the resort offers a blend of luxurious accommodation, vibrant local culture, and bespoke experiences for travelers seeking a refined tropical escape.
Capella Hotel Group sets its sights on redefining luxury travel in 2025 with four new properties in Asia, blending cultural authenticity with visionary design. From Taipei to Kyoto, each destination showcases the transformative power of crafted hospitality, intimate service, and groundbreaking architectural collaborations.
Dusit Hotels & Resorts marks its Malaysian debut with Dusit Princess Melaka, opening 7 December 2024. Strategically located in Melaka’s historic heart, this vibrant property blends Thai-inspired hospitality with a contemporary edge, offering an immersive gateway to one of Southeast Asia’s most captivating destinations.
Preferred Hotels & Resorts announces its 2025 debut with ten extraordinary new properties spanning the globe. From secluded island retreats to chic urban landmarks, these openings promise bespoke experiences that redefine luxury hospitality.
HG launches Atwell Suites in Greater China, blending modern aesthetics with local culture to create an inspiring "new territorial home." This innovative brand targets young travelers while offering investors a high-premium, low-cost business model.
From Blackstone's strategic acquisitions in Greece to Whitbread's savvy sales in the UK, Europe's hotel investment landscape is booming with high-value deals and transformative projects.
As Phuket rises to prominence as a global wellness destination, it redefines longevity tourism, offering cutting-edge programs that integrate physical, mental, and nutritional health.
Experience the world of Wicked like never before at Hilton’s spectacularly themed suite. With dazzling décor, magical touches, and immersive surprises inspired by the Land of Oz, this once-in-a-lifetime stay is a cinematic dream come true.
The EU’s Digital Markets Act aimed to curb the power of tech giants but instead handed OTA platforms a stronger grip, sidelining independent hotels and inflating costs for travelers.
TRIBE reaches a landmark 20 hotels globally, redefining hospitality with bold, design-driven spaces. With 40 more properties underway, TRIBE is shaping modern travel by blending style, function, and social connection.
British Airways unveils a transformative First-class suite, blending cutting-edge design with British craftsmanship. With ultra-wide seats, private cocooned spaces, and personalized amenities, the new cabin elevates air travel to a modern luxury hotel experience at 35,000 feet.
With falling demand for budget travel, major US travel companies like Marriott and Booking.com are planning layoffs in 2025. The industry is turning to automation and efficiency measures to sustain operations, as higher-income travelers bolster demand in an uncertain economic climate.
As global hotel performance nears normalization by 2025, the industry faces slowing leisure demand, resurging corporate and international travel, and limited supply growth. These dynamics will support elevated rates, drive asset transactions, and attract investment to high-barrier and emerging markets.
The Indian hospitality sector saw robust YoY growth in Q3 2024, with a 10.8% increase in Revenue Per Available Room (RevPAR), driven by rising Average Daily Rates (ADR). Hyderabad led RevPAR growth, while Tier II and III cities gained prominence with 80% of new hotel openings.
