News

Pictet Alternative Advisors is expanding its footprint in the Swiss real estate market with the acquisition of the Zurich Marriott Hotel. The move underscores the firm’s conviction in Zurich’s booming luxury hospitality sector and growing investor demand for stable real assets.

Oracle today announced Oracle OPERA Cloud Assistant, a new suite of AI-powered capabilities embedded directly within the familiar workflows of Oracle OPERA Cloud.

ESS Group, the Nordic hospitality company known for design‑driven destinations such as Maryhill Estate, Ellery Beach House and Fýri, is taking its signature lifestyle onto the water this summer with the launch of ESSOESS, a 24‑metre yacht now based in Palma de Mallorca.

According to witnesses, the balcony structure had detached from the ninth floor of the building in Cartagena

HYATT HOTELS CORP. hired more than 12,000 Opportunity Youth worldwide through its RiseHY initiative between 2018 and 2025, surpassing its goal of 10,000 hires by the end of 2025. The program works with community groups and public agencies to provide training and employment opportunities across its global portfolio.

Marriott International opened its 10,000th property globally, the JW Marriott Ranthambore Resort & Spa in India, marking a historic milestone as the company approaches its 100th anniversary.

Hotel Chinzanso Tokyo announces Tokyo Sea of Clouds －YAKUMO－, an enhanced version of its iconic mist installation that begins July 1, 2026. Named after the Japanese concept of "clouds layering upon clouds," YAKUMO brings visual and technological advancement to the hotel, creating a living garden that responds to changing weather and climate conditions.

JW Marriott has appointed Aishwarya Rai Bachchan as its global brand ambassador, strengthening the luxury hospitality brand’s global 'Stay in the Moment' platform through a collaboration that places India’s growing influence on international travel at its centre.

Hyatt has recently appointed Geoffray Maugin as Vice President Marketing & Loyalty for its Europe, Africa and Middle East (EAME) region, a newly created role that reflects the company’s continued evolution into a more brand-focused and insights led organisation.

A 31-year-old senior accountant at a Roadpali hotel in Kalamboli node has registered a cheating case against a fraudster, impersonating as the hotel’s owner, and swindling him of Rs 38.3 lakh. The accountant was made to transfer the amount from the hotel’s bank account to the fraudster.

Next Wednesday, the largest hotel on the Baltic Sea, in the Polish resort of Pobierowo, will open its doors to guests, according to BILD. The hotel covers 180,000 square metres, has 1,240 rooms and 13 floors.

Hilton has launched Undergraduate by Hilton, a new upper-midscale hotel brand aimed at expanding its presence in university and college markets, with the first properties expected to open in 2027.

The British hotel chain Travelodge is investigating how “Free Palestine” messages appeared on the TV screens in the rooms of two visibly Jewish men.

Hilton’s Curio Collection has opened its first cave hotel in Türkiye with the launch of Elika Cave Suites Cappadocia.

In a landmark move that reimagines one of India’s oldest travel traditions through the lens of contemporary hospitality, Tamara Leisure Experiences announced the launch of Raé by Tamara, India’s first faith-intelligent hospitality brand.

Canada Pension Plan Investment Board and BlueCove Investment, a Korean hospitality-focused asset manager, have formed a KRW 500 billion (C$474 million/$342 million) hospitality partnership. CPP Investments will hold a 95 percent interest in the venture, with BlueCove owning the remaining 5 percent.

Israeli tourists were recently denied accommodation at a hotel in southern Germany after receiving a message through an online booking site stating, “Sorry, there are no Jews allowed in our hotel,” the Israeli Consulate in Munich said Monday.

At least 18 people have died in a fire that engulfed a restaurant in India’s capital Delhi on Wednesday morning.

If you’re planning a trip to Seoul this summer, a new consumer survey suggests it may be worth taking extra care when booking accommodation through international reservation platforms.

Singapore’s wealthy Jaleel family has acquired two hotels – one in Perth and the other in Melbourne – for about $100 million in total, just six months after buying one in Brisbane for $34 million, in a rapid ramp-up of its exposure to Australia’s hospitality sector.

Losses in the tourism sector have reached 20% to date due to the ongoing situation in the Middle East, Christos Angelides, Director General, Cyprus Hotel Association, has said, while expressing optimism that the remaining months of the year could see a recovery through last-minute bookings.

A significant shift in luxury travel habits is underway as affluent US travelers increasingly steer clear of Europe's busiest summer months.

Special sweets designed to satisfy your sweet tooth and cool you off in the summer heat.

Marriott's ResortPass partnership in 2026 marks a pivotal shift as luxury hotels monetize idle amenities by selling day passes to local guests seeking pool and spa access without overnight stays.