Hilton (NYSE: HLT) announced its renewed partnership with UAE-based agri-tech platform, Fresh On Table, at Gulfood 2023, with the aim of doubling the amount of local produce procured for the brand’s properties in the country. Source: hotelnewsresource.com … [Read more...]
Tempo by Hilton Nashville Downtown tops out
HRI Hospitality, based in New Orleans, has topped out its new hotel project, Tempo by Hilton Nashville Downtown. The 16-story, 306-room hotel is scheduled to open in spring 2024 adjacent to Nashville Yards downtown. An official topping out ceremony was held late last week at the construction site of the new hotel. “This topping out represents a significant milestone for the construction of this … [Read more...]
Columbia Pacific provides $92M for WA mixed-use project construction
Columbia Pacific Advisors Bridge Lending has closed on a $92-million loan to facilitate the construction of the retail/commercial phase of Harvest, a mixed-use project in the Hollywood District of Woodinville, WA, which will include The Somm Hotel and Spa, a Marriott Autograph Collection hotel. Upon its end of 2024 completion, Harvest’s mixed-use offering will include the 4-star boutique hotel … [Read more...]
Playa Hotels & Resorts N.V. Reports Fourth Quarter and Full Year 2022 Results
Year End Net Income was $56.7 million compared to a Net Loss of $89.7 million in 2021 Source: hotelnewsresource.com … [Read more...]
Global Economic Slowdown Looms in 2023 Due to High Inflation and Borrowing Costs According to GlobalData
The global economy is facing significant challenges due to slowing but elevated inflation, high borrowing costs, and lower external demand. These factors are expected to have a profound impact on private consumption expenditure, investments, and economic activities. Source: hotelnewsresource.com … [Read more...]
Marriott restructures executive team
Marriott International Inc. has made a number of changes in its executive ranks. “The size and scale of our company is significant, and we expect it to be even more so given the exciting opportunities ahead of us,” said Anthony Capuano, president/CEO, Marriott International. “With the recent announcement of two executive departures, I am reshaping my team to ensure we can be … [Read more...]
Marriott makes changes to executive team
Marriott International Inc. has made a number of changes in its executive ranks. “The size and scale of our company is significant, and we expect it to be even more so given the exciting opportunities ahead of us,” said Anthony Capuano, president/CEO, Marriott International. “With the recent announcement of two executive departures, I am reshaping my team to ensure we can be … [Read more...]
Crestline adds two hotels
Crestline Hotels & Resorts LLC has added two hotels to its managed portfolio—the 84-room Fairfield Inn & Suites Fairmont, WV, and the 105-room Hampton Inn & Suites Legacy Park-Frisco, TX. “The Fairfield Inn & Suites Fairmont, WV, is our first hotel in that state and extends our portfolio throughout 30 states, while the addition of the Hampton Inn & Suites Legacy Park-Frisco … [Read more...]
Tauck Boosts 2023 Small Group Land Departures by 35 Percent
Tauck is upping the ante on its small group land trips by boosting their numbers by 35 percent this year.In all, Tauck will offer 75 departures in North America, South America, Europe, Africa, Asia, the Middle East, Australia and New Zealand.ADVERTISINGThe lion’s share of departures will feature an average of 24 guests, with number as low as 18 guests on African safaris. To promote … [Read more...]
G Adventures Relaunches Peru Trips
Community-centric tourism company G Adventures is returning to Peru beginning March 1, 2023 following a pause due to political instability in the country.It is now returning to support local travel-reliant communities.ADVERTISING Trending Now “The last few months have been very challenging … [Read more...]
KSL to invest in newly-acquired California boutique hotel portfolio
KSL intends to invest across the collection, providing guests a greater suite of amenities and more ways to engage with the local communities. Fine five The quintet is located midway between Los Angeles and San Francisco and comprises Avila Lighthouse Suites in Avila Beach; Pismo Lighthouse Suites and Shore Cliff Hotel in Pismo Beach; and Paso Robles Inn and The Piccolo in Paso Robles. The … [Read more...]
P&O Ferries spends €260m on hybrid ships that can’t be charged at key ports
P&O Ferries has splashed out more than €260 million on hybrid ships that can’t be charged at their French or UK ports.The two new superferries are supposed to be “the most sustainable ships ever to sail on the English Channel,” according to bosses.But Dover and Calais electricity grids don't have capacity for the partially-electric boats, so they will run on diesel when they are delivered … [Read more...]
Accor introduces Swissôtel to Serbia
In partnership with KOP2020 DOO, Swissôtel Kopaonik will be located in the Kopaonik ski resort and will welcome its first guests in time for the 2024-2025 winter season. Ski style The newbuild premium hotel will offer 175 modern and comfortable guestrooms, a selection of restaurants, a cigar bar, spa and wellness area, business space and a ski room. Conveniently located in the centre of Kopaonik, … [Read more...]
One-third of UK hospitality at risk of failure in next year
UK: Data from trade association UKHospitality in association with research agency CGA has revealed that despite 2022 sales topping pre-Covid levels, 32 per cent of hospitality businesses are at risk of going under in the next year. The UKHospitality Quarterly Tracker has revealed that revenue increased by 4.2 per cent in 2022 (compared to 2019). When inflation is accounted for, revenues are down … [Read more...]
New Hotels Demonstrate Growth for IHG Hotels & Resorts Brands
WHY IT RATES: IHG Hotels & Resorts continues to grow its array of brands across the world.—Donald Wood, Breaking News Senior Writer.IHG Hotels & Resorts, one of the world’s leading hospitality companies, strengthens its powerhouse status in the UK & Ireland with the addition of nine new hotels. These new additions illustrate IHG’s commitment to delivering sustainable growth in the … [Read more...]
K West Hotel to be rebranded as Hotel Indigo
UK: The K West Hotel & Spa near Shepherds Bush in London will undergo a renovation and reopen as Hotel Indigo London K West Shepherds Bush. IHG Hotels & Resorts has signed a partnership with the Lancaster Landmark Hotel Company (LLHC) to open the sixth Hotel Indigo in London. Additional properties in LLHC’s portfolio includes The Landmark London, Royal Lancaster, and Basil Street … [Read more...]
Top Destination Travel News From February
Check out the biggest destination news you might've missed this February right here! From new sustainable tourism strategies and developments to reports on cities' and countries' post-pandemic economic recoveries, February saw its fair share of big news in the destination category. Plus, February now has a new day of recognition for the industry: Global Tourism Resilience Day, … [Read more...]
Hundreds of flights cancelled as German airport workers strike over pay
Nearly all flights at Germany's Cologne-Bonn airport and the majority at nearby Duesseldorf have been cancelled or diverted today (27 February) due to strikes.The walkouts are also affecting local transportation, day-care facilities and local administration in Germany's most populous region.At Cologne-Bonn airport, all but two of the day's 136 planned flights are expected to go ahead, German … [Read more...]
ALEPH HOSPITALITY TO DEVELOP AND OPERATE FAUCHON-BRANDED HOTELS IN THE MIDDLE EAST AND AFRICA
Dubai headquartered Aleph Hospitality has announced its partnership with France based Fauchon Hospitality at a recent signing ceremony in Paris. The agreement names Aleph Hospitality as the exclusive developer and operator of the glamourous Fauchon L’Hôtel portfolio in the Middle East and Africa. Source: breakingtravelnews.com … [Read more...]
Project of the Week: Mandarin Oriental Shepheard
While the Mandarin Oriental Shepheard deal was signed last year, the Egyptian General Company for Tourism and Hotels (EGOTH) recently confirmed that Saudi Arabia-headquartered Al Sharif Group will develop, finance, operate and manage the site according to international standards. Heritage restoration The project calls for the restoration of the historic Shepheard Hotel in Cairo, which first opened … [Read more...]