European hotel values rise 3% in 2022 in what proved a mixed year for the sector. Read more in our latest European Hotel Valuation Index.
Source: hotelnewsresource.com
‘Remain vigilant’: Europe’s most heavily pickpocketed tourist spots revealed
New research has found that some of the most popular tourist spots in Europe unfortunately go hand-in-hand with some of the worst pickpocketing statistics on the continent. As we get ever closer to jetting off on summer holidays, it’s sadly important to remember that not everyone you meet on your travels will be well-intentioned.A new study by UK-based travel insurance company QuoteZone has … [Read More...]
Dual-branded New Orleans Courtyard-SpringHill sold for $73M
The 410-room, dual-branded Courtyard New Orleans Warehouse Arts District and SpringHill Suites New Orleans Warehouse Arts District, located near the Ernest N. Morial Convention Center/Arts and Warehouse District of the Central Business District, has been sold for $73 million. Robert J. Guidry, along with Guidry Land Partners and Orlando businessman David Bansmer, purchased the properties. The … [Read More...]
Guesty Acquires Rentals United to Expand Its Property Management Platform Capabilities in the Short Term Rental Market
Guesty’s PMS (Property Management System) serves enterprise and SMB property managers as well as individual hosts, providing a full-stack solution with all the necessary tools to manage the entire rental journey.5.2.2024 Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, has acquired Rentals United, a cloud-based top-grade … [Read More...]
Peachtree Group promotes 15 executives
Peachtree Group has promoted 15 executives to support its strategic business initiatives. “We are delighted to announce our latest promotions, recognizing these team members as senior leaders within our company,” said Greg Friedman, managing principal/CEO, Peachtree Group. “Investing internally in our people is key to our success, and their expertise, strong leadership, innovative … [Read More...]
Rebel Hotel Company adds White House Napa to portfolio
Independent hospitality management company Rebel Hotel Company has assumed management of the White House Napa in Napa Valley, CA. The property is owned by Cambridge Lansdowne. This addition to the company’s U.S. portfolio and recent expansion onto the West Coast spearheaded by Mark LeBlanc, managing director, West Coast Operations marks the company’s first property in California. The … [Read More...]
art’otel London Hoxton is now open!
London's highly anticipated lifestyle hotel, designed and filled with artworks by Signature Artist D*Face is now open. art'otel, the contemporary lifestyle hotel brand part of the Radisson family of brands, is pleased to announce art'otel London Hoxton officially opened its doors on 24th April 2024. Offering a one-of-a-kind hotel experience, the hotel fuses art, design and hospitality to add to … [Read More...]
Starwood Capital JV sells dual-branded Nashville property to Host Hotels
Starwood Capital Group, Crescent Real Estate LLC and High Street Real Estate Partners have revealed that controlled affiliates have completed the sale of the dual-branded 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown to Host Hotels & Resorts. Terms of the transaction were not disclosed. “Our successful development of 1 Hotel and Embassy Suites, together with our … [Read More...]
Four Seasons Hotel Osaka is set to open this August
Towering above the city's dynamic Dojima district, the all-new Four Seasons Hotel Osaka is now accepting reservations ahead of its grand opening this summer. "As our Four Seasons portfolio in Japan continues to grow and flourish, we are incredibly excited to introduce ourselves in the intriguing city of Osaka," says Rami Sayess, President, Hotel Operations - Asia Pacific, Four Seasons. "Here, we … [Read More...]
HB on the Scene: Choice relaunches Park Inn by Radisson
During its 68th annual convention at the Mandalay Bay in Las Vegas, Choice Hotels International Inc. revealed the relaunch of Park Inn by Radisson. As part of the strategy with the company’s acquisition of Radisson Hotels Americas in 2022, the brand is being repositioned into the premium-value conversion space. “The relaunch of Park Inn by Radisson into the premium value conversion space … [Read More...]
JEN Kunming by Shangri-La: Bringing “Live New Asia” Experiences to Yunnan Province
Jen Kunming By Shangri-La — Photo by Shangri-La Jen Kunming By Shangri-La — Photo by Shangri-La Nestled in the bustling heart of Yunnan Province's capital, JEN Kunming by Shangri-La offers diverse and innovative experiences of "STAY", "EAT" and "SOCIETY" that mirrors the Spring City's youthful pulse. The hotel's prime location in Kunming's First Ring CBD, coupled with its seamless connection to … [Read More...]