Minor Hotels announces Oaks Hotels Resorts & Suites in Cairo, Egypt to open in 2025.
Kempinski Hotels together with Universal Beijing Resort, opens two hotels.
Hilton has announced the launch of its large-scale franchise model in China.
Ascend Hotel Collection has announced that it added four hotels to its portfolio in the USA.
Radisson Hotel Group has announced the signing of three hotels in Makkah, Saudi Arabia.
Edyn has announced new acquisitions supported by a GBP195 million multi-asset debt facility with BREDS and KSL Capital Partners.
The City of Conroe has announced the start of construction works in early September for Hyatt Regency Conroe and Convention Center, USA.
Hyatt Hotels Corporation has announced the acquisition of Apple Leisure Group from affiliates of KKR and KSL Capital Partners.
Hyatt Hotels Corporation is reporting a steady recovery as travel demand rebounded in the markets.
Steady global lodging recovery during the Second Quarter of 2021 for Marriott International.
IHG Hotels & Resorts expands its presence in Egypt with its boutique hotel brand, Hotel Indigo.
Hilton Worldwide Holdings Inc.(Hilton) has reported its second quarter results in 2021.
According to STR data through 10 July, hotel occupancy rates in the US market are improving week after week.
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.
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.
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.
Whitbread PLC has noticed continued market outperformance in the UK with a strong leisure demand post 17 May.
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.
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.
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.