Industry News & Reports
IMF Issues Bleak Warning: Global Growth to ‘Fade’
Date: June 2018 Location: Global Who: IMF – International Monetary Fund What They Said: The International Monetary Fund issued a stark warning on the future health of the global economy, saying major cracks were now “closer” than it had anticipated and that growth will soon “fade”. In a highly negative speech, Mitsuhiro Furusawa, deputy managing director…
Read MoreMarston’s Pubs Wants to Increase 1,500 Rooms to 4,000
Date: June 2018 Location: Throughout the UK Name: Marston’s Inn
Read MoreRadisson Plans to Triple Rooms in China Despite U.S. Trade War
Date: June 2018 Location: China Name: Radisson Hospitality
Read MoreUK Market Benefits From New Hotel Openings
Date: June 2018 Location: UK What: Top Hotel News says: Britain seems to be forging full steam ahead with the construction and development of new hotels, which are set to open in the coming years.
Read More7% Year-Over-Year Growth in the Global Construction Pipeline
Date: June 2018 Location: Global What: The Lodging Econometrics (LE) global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, states that the total pipeline stands at 12,714 projects/2,139,002 rooms, up 7% by projects year-over-year (YOY).
Read MoreJumeirah Plans Third ‘Super Luxury’ Brand
Date: June 2018 Location: Global Name: TBA The Plan: To double the hotel count
Read MoreHorwath HTL, with ABN AMRO, compiles the Dutch City Hotel Index 2018
Date: June 2018 Location: The Netherlands For the attractiveness of investors, six variables were looked at: the hotel market (occupancy rates and room prices), the supply and the pipeline, economy, real estate, demography and sustainability. Scores are given for a number of characteristics on these variables. That leads to the next ranking.
Read MoreCaesars Entertainment to License Four of it’s Brands – Caesars Palace, Flamingo, The Cromwell, and The LINQ
Date: June 2018 Location: Global Name: Caesars Palace, Flamingo, The Cromwell, and The LINQ
Read MoreNew York’s ADR Dilemma
Date: June 2018 Location: New York, USA
Read MoreFrench Real Estate Investment Trust Foncière des Régions has Changed it’s Name to Covivio
Date: May 2018…Updated July 2018 Location: France Name: Now Covivio, with its dedicated hospitality and hotels division, Foncière des Murs also being branded under that identity.
Read MoreCapella Singapore Hotel to Host Trump-Kim Summit: 6 Things to Know About the Sentosa Hotel
Date: June 2018 Location: Sentosa, connected to mainland Singapore by road, monorail, pedestrian boardwalk and cable car. Name: Capella Singapore Hotel
Read MoreGlobal Hotel Luxury Market Projected to Reach $115.8 billion by 2025
Date: May 2018 Location: Global What: Grand View Research of San Francisco, California have issued a new report which shows major gains will be made by the international tourism industry in the coming years. Luxury Hotel Market Size, Share & Trends Analysis Report By Hotel Type (Business, Airport, Holiday, Resort & Spa), By Region (North America,…
Read MoreGermany Leads Europe’s Hotel Construction Pipeline; London Ranks as Top City
Date: June 2018 Location: Europe What: Analysts, Lodging Econometrics, have issued a new report that the top countries in the Europe Construction Pipeline by project count are: Germany with 246 Projects/47,927 Rooms United Kingdom with 246 Projects/36,585 Rooms France with 121 Projects/13,618 Rooms Russia with 80 Projects/15,520 Rooms Poland with 80 Projects/12,468 Rooms Portugal with 80…
Read MoreCaesars and MGM Reach Deal in Vegas Strike
Date: June 2018 Location: Las Vegas, Nevada, USA Name: All of the hotels!
Read MoreMarriott to Revamp Sheraton Brand
Date: June 2018 Location: Global Name: Sheraton
Read MoreCBRE Issues Hotel Market Report for Germany 2017
Date: May 2018 Location: Germany What: Hotel Market Report for Germany for 2017
Read MoreInvestment in Croatia’s Hotel Industry to Reach €1.2 billion by 2022, According to Ernst & Young.
Date: June 2018 Location: Croatia What: Croatia is set to add 6,000 new hotel guestrooms to its inventory by 2022. The market’s inventory will also have an additional 3,700 renovated guestrooms by then.
Read MoreHotel Analyst Publishes the Key Trends and Issues in Hotel Operations Report 2018
Date: May 2018 What: Hotel Analyst’s latest report examines how hotel operations create value. The value of hotel operations has been a neglected and misunderstood part of the hotel business. Investors have historically focused on the real estate or brand. But a new breed of third-party manager has exposed the importance of this aspect of the…
Read MoreAccorHotels has Renewed its Interest in Taking a Stake in Air France KLM.
Date: June 2018…Updated July 2018 Location: France What: The hotel giant confirmed it had held talks with the airline in recent years. Air France is partly owned by the French government, which holds a 14.3% stake. “AccorHotels confirms having resumed its reflections on the matter, being at very early stage of assessing the feasibility and potential…
Read MoreSt Thomas’ Bolongo Bay Beach Resort Is Open Again, USVI
Date: May 2018 Location: St. Thomas, United States Virgin Islands Name: Bolongo Bay Beach Resort – reopen June 1st 2018
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