The Wealthiest Clients on Earth Don’t Renew Loyalty. They Test It
Loyalty is a currency they use differently, in the UHNW and UHNW+ world, loyalty looks nothing like it does in traditional luxury.
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Mori Trust CEO seeks foreign partners for condo hotels in Japan
Mori Trust is looking for overseas partners to launch condominiums in Japan that can be rented out like hotel rooms, its chief executive officer said, as the company seeks to profit from the nation’s tourism boom…
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Serbia Seeks to Fast-Track Trump Hotel Project Backed by Kushner
Serbian President Aleksandar Vucic’s governing party drafted a special law to push through a real estate project, championed by Jared Kushner, Donald Trump’s son-in-law, on a historic site.
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Six New GMs Join Aimbridge EMEA’s UK and European Portfolio
Hotel management company Aimbridge Hospitality EMEA has announced the appointment of six new general managers (GMs) across its UK and European portfolio.
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Icons discuss disruptive sharing economy, innovation
Three HICAP legends opened the conference by discussing their careers as well as technology and emerging markets.
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Project management budgets make hotels' numbers work
Hotel investors looking to mitigate the impact of economic, geo-political and natural events on their next wave of active projects should be focusing on the project management budget as their point of control…
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GMH acquires London-based Signature Hotels
Hotel management company Grand Metropolitan Hotels (GMH) has acquired London-based Signature Hotels for an undisclosed sum.
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Ennismore still has a big future with Accor
When Bloomberg broke the news in August that Accor was looking at an IPO for its lifestyle hotel business Ennismore, it gave the impression that the French hotel company was eyeing the disposal one of its most prized assets…
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Dubai Overtakes Las Vegas With Surge in Hotel Rooms
The two cities have much more in common than meets the eye—including an eye-popping number of hotel rooms. But Dubai is racing ahead in more ways than one.
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Inside the boutique hotel balance
Independent and boutique hotels face the same labor and cost pressures as branded properties, but with fewer economies of scale and higher expectations for personalised service.
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Who will take on Trump branded residences in India?
Trump Residences Gurgaon, launched in May, sold out all 298 units in five hours, developer Tribeca trumpeted on its website. Featuring two 51-story towers, it is the Trump Organization’s fifth branded residences project in India, a market it entered…
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Why Hospitality Education Needs a Reality Check
For much of the late twentieth century, hospitality education was a model of how academia could work hand in hand with industry. The UK led the world in creating postgraduate programmes that balanced academic rigour with real-world relevance…
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Cuba's tourism shift: international chains to lease state hotels
For Cuba's tourism sector, which has been struggling recently, a significant shift is underway: the government has approved a new policy that allows international hotel chains to lease properties owned by the state…
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Why mountain resorts are a huge treasure trove
The diversification of holiday destinations is a major trend in leisure hospitality as travellers seek new experiences beyond the beach, unique locations away from the crowds and cooler temperatures in times of heatwaves. And mountain resorts stand…
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Latin American construction pipeline surging
Latin America’s hospitality sector is experiencing solid construction activity that reflects growing confidence in the region’s tourism and business travel prospects, according to the latest data from Lodging Econometrics…
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M&A trends show path to growth for investors and brands
Hospitality brands are leading the pack in merger and acquisition (M&A) deals this year, but an improving macroeconomic climate could see more real estate investors pile in, according to experts in the sector…
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A rooftop bar can be utilized as a breakfast/lunch space. A breakfast restaurant could be transformed to serve breakfast, lunch, dinner and cocktails and potentially triple the revenue. Constantly re-imagining current F&B space to better serve…
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The Savoy Hotel sheds jobs as losses widen
Losses widened at The Savoy Hotel as it shed jobs during its latest financial year while a major renovation project started.
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