What concerns Australian hotel finance executives most?
At a HICAP ANZ panel in Sydney, hotel managers discuss financing, insolvency issues and recent tax changes in the Australian hotel and restaurant industry. SYDNEY — Construction risk was a…
At a HICAP ANZ panel in Sydney, hotel managers discuss financing, insolvency issues and recent tax changes in the Australian hotel and restaurant industry. SYDNEY — Construction risk was a…
After several years of unclear direction, Barbara Muckermann wants to give Europe’s most iconic luxury brand a clearer and bolder direction. GENEVA, Switzerland – “Get ready because we will present…
Booking.com, in collaboration with rapper Ludacris, is making a winner’s dream come true. A booker has the opportunity to bring three guests to stay at Ludacris’ Atlanta mansion. Activities include…
Despite the franchise fees, Mountain Shore Properties plans to continue developing with Hyatt and sees the low interest rate environment as a catalyst for further deals and developments. Stephen Wendell,…
According to the latest data from Lodging Econometrics, the two countries account for 64% of total hotel construction. INTERNATIONAL STORY – According to the latest data from Lodging Econometrics, the…
The base price is rumored to be $150 million, with prices rising to as much as $185 million as Hyatt continues to expand its lifestyle portfolio. CHICAGO – Hyatt Hotels…
Marriott will receive royalties based on Sonder’s gross sales; Sonder will receive a much-needed brand boost. SAN FRANCISCO – Apartment accommodation company Sonder Holdings Inc. has entered into a long-term…
As Craig Reid steps down as President and CEO after a ten-year tenure, Four Seasons’ heritage once again provides fertile ground for Auberge’s leadership position. MILL VALLEY, Calif. – Christian…
The deal, which would see Hyatt commit to divesting assets valued at $2 billion, would be the largest hotel sale in 2024. ORLANDO — The $1 billion-plus sale of Florida’s…
Despite some slowdown in the second quarter, the revised forecast from STR and Tourism Economics calls for slight adjustments to ADR (downward) and occupancy (upward) for the next 18 months.…