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Multitype News

Minor Hotels to debut with Oaks Hotels Resorts & Suites in Cairo, Egypt

Minor Hotels to debut with Oaks Hotels Resorts & Suites in Cairo, Egypt

🕔Oct 26, 2021

Minor Hotels announces Oaks Hotels Resorts & Suites in Cairo, Egypt to open in 2025.

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Kempinski Hotels is debuting two hotels in Beijing, China

Kempinski Hotels is debuting two hotels in Beijing, China

🕔Oct 20, 2021

Kempinski Hotels together with Universal Beijing Resort, opens two hotels.

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Hilton launches large-scale franchise model in China

Hilton launches large-scale franchise model in China

🕔Sep 29, 2021

Hilton has announced the launch of its large-scale franchise model in China.

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Ascend Hotel Collection adds four hotels to its portfolio in USA

Ascend Hotel Collection adds four hotels to its portfolio in USA

🕔Sep 28, 2021

Ascend Hotel Collection has announced that it added four hotels to its portfolio in the USA.

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Radisson Hotel Group signs three hotels in Makkah, Saudi Arabia

Radisson Hotel Group signs three hotels in Makkah, Saudi Arabia

🕔Sep 20, 2021

Radisson Hotel Group has announced the signing of three hotels in Makkah, Saudi Arabia.

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Edyn secures GBP195 million multi-asset debt facility in Europe

Edyn secures GBP195 million multi-asset debt facility in Europe

🕔Sep 9, 2021

Edyn has announced new acquisitions supported by a GBP195 million multi-asset debt facility with BREDS and KSL Capital Partners.

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Construction starts on Hyatt Regency Hotel and Convention Center in Conroe, USA

Construction starts on Hyatt Regency Hotel and Convention Center in Conroe, USA

🕔Sep 6, 2021

The City of Conroe has announced the start of construction works in early September for Hyatt Regency Conroe and Convention Center, USA.

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Hyatt to acquire Apple Leisure Group for US$2.7 billion

Hyatt to acquire Apple Leisure Group for US$2.7 billion

🕔Aug 30, 2021

Hyatt Hotels Corporation has announced the acquisition of Apple Leisure Group from affiliates of KKR and KSL Capital Partners.

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Hyatt published results for Second Quarter of 2021

Hyatt published results for Second Quarter of 2021

🕔Aug 4, 2021

Hyatt Hotels Corporation is reporting a steady recovery as travel demand rebounded in the markets.

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Marriott International reveals Second Quarter 2021 Results

Marriott International reveals Second Quarter 2021 Results

🕔Aug 3, 2021

Steady global lodging recovery during the Second Quarter of 2021 for Marriott International.

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IHG Hotels & Resorts to develop 4 new hotel sin Egypt

IHG Hotels & Resorts to develop 4 new hotel sin Egypt

🕔Aug 3, 2021

IHG Hotels & Resorts expands its presence in Egypt with its boutique hotel brand, Hotel Indigo.

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Hilton presents results for second quarter

Hilton presents results for second quarter

🕔Jul 29, 2021

Hilton Worldwide Holdings Inc.(Hilton) has reported its second quarter results in 2021.

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Hotel occupancy in the US is growing week by week

Hotel occupancy in the US is growing week by week

🕔Jul 19, 2021

According to STR data through 10 July, hotel occupancy rates in the US market are improving week after week.

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Ascott acquires two properties in France and Vietnam for SGD210 million

Ascott acquires two properties in France and Vietnam for SGD210 million

🕔Jun 25, 2021

Ascott grows fund assets under management with the acquisition of two properties in France and Vietnam for SGD210 million through Ascott Serviced Residence Global Fund.

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UK will lose GBP639 million a day with travel remaining off limits

UK will lose GBP639 million a day with travel remaining off limits

🕔Jun 24, 2021

According to the World Travel & Tourism Council (WTTC), the UK will lose up to GBP639 million per day during July if international travel remains off limits.

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Dramatic impact of COVID-19 on Travel and Tourism sector in Japan

Dramatic impact of COVID-19 on Travel and Tourism sector in Japan

🕔Jun 21, 2021

The World Travel & Tourism Council has revealed in its annual Economic Impact Report (EIR) the damage caused by COVID-19 to Japan’s Travel & Tourism sector, resulting in a loss of USD138 billion from the country’s economy.

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Whitbread presents First Quarter Trading Update for 2021

Whitbread presents First Quarter Trading Update for 2021

🕔Jun 17, 2021

Whitbread PLC has noticed continued market outperformance in the UK with a strong leisure demand post 17 May.

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Choice Hotels Provides Performance Updates at 2021 Goldman Sachs Travel and Leisure Conference

Choice Hotels Provides Performance Updates at 2021 Goldman Sachs Travel and Leisure Conference

🕔Jun 16, 2021

During the Goldman Sachs Travel and Leisure Conference, Patrick Pacious, president and chief executive officer of Choice Hotels International, presented the Performance Updates of 2021.

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Louvre Hotels to open nearly 50 new hotels in Saudi Arabia by 2025

Louvre Hotels to open nearly 50 new hotels in Saudi Arabia by 2025

🕔Jun 15, 2021

Louvre Hotels Group plans to expand its portfolio in Saudi Arabia to 47 hotels by 2025, for a total of nearly 7,000 rooms, via its Campanile, Golden Tulip and Tulip Inn brands.

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Starwood Hotels and Resorts targets 100 hotels in Middle East by 2020

Starwood Hotels and Resorts targets 100 hotels in Middle East by 2020

🕔May 5, 2016

From the Arabian Hotel Investment Conference (AHIC) in Dubai, Starwood Hotels & Resorts Worldwide has announced that it is on track to grow its portfolio in the Middle East to 100 hotels by 2020.

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