Industry News & Reports
Kessler Collection Breaks Ground on $110 Million Grand Bohemian Hotel in Charlotte, North Carolina
Date: May 2018 Location: Trade and Church streets, Charlotte, North Carolina, USA Name: Grand Bohemian – opening 1st Qtr 2020 No. of Keys: 254 including 32 suites Owner: The hotel is being developed by the Kessler Collection, a boutique operator with nine hotels in cities such as Asheville, Charleston and Savannah, Ga., that are affiliated with…
Read MoreUK Based Redefine/BDL Hotels Renames as RBH.
May 2018 Location: 70 hotels across the UK Name: Now RBH Hospitality Management
Read MoreTotal Construction Pipeline in Canada Up 11% by Projects YOY
Date: May 2018 Location: Across Canada What: Lodging Econometrics (LE) report…the total Construction Pipeline in Canada currently has 237 Projects/29,881 Rooms, up 11% by projects Year-Over-Year. There are 90 Projects/11,811 Rooms Under Construction, up 20% by projects YOY.
Read MoreAfrica’s Hospitality Week Forecast to Attract 12,000 People to Johannesburg 24th – 26th June
Date: June 2018 Location: Gallagher Convention Centre, Johannesburg, South Africa Name: The Hotel Show Africa 2018, part of Africa Hospitality Week 2018 What: The Hotel Show Africa 2018 is a major part of Africa Hospitality Week 2018, which runs from June 24 to 26 at The Gallagher Convention Centre, with 1,000 of products and services…
Read MoreHotel Transactions in Japan to Increase as Olympics Near
Date: May 2018 Location: Japan What: With the 2020 Summer Olympic Games in Tokyo just over two years away (THPT: and the Rugby World Cup in 2019!), investors are taking a closer look at Japan’s hotels.
Read MoreSino-Ocean to Take Over Angbang China Real Estate Projects After Wu Xiaohui Sentanced to Prison
Date: May 2018 Location: Court in Shanghai Who: Mr Wu Ziaohui, Founder of Anbang Insurance What: Sentenced to 18 years in prison
Read MoreThree-Year £5.5m Investment Bids to Transform Cumbria Hotel into ‘Must-Visit Retreat’
Date: May 2018 Location: Cumbria, UK Name: Gilsland Hotel
Read MoreTrump Nominates Hotel Magnate as US Ambassador to the EU
Date: May 2018 Location: Ambassador to the EU, based in Brussels, Belgium What: President Trump has nominated Gordon Sondland, a Portland hotel magnate and major donor to the president, to be ambassador to the European Union.
Read MoreRussell Kett Appointed Special Adviser to Northern Powerhouse Developments Board
Date: May 2018 Location: Up North! What: Russell Kett, chairman of the London office of global hospitality consultancy HVS Russell Kett, chairman of the London office of global hospitality consultancy HVS, has been appointed as special adviser to the board of hotel and leisure investment company, Northern Powerhouse Developments (NPD).
Read MoreU.S. Hotel Transactions off to a Strong Start in 2018
Date: May 2018 Location: USA What: The LW Hospitality Advisors Q1 2018 Major U.S. Hotel Sales Survey from Lesser and LWHA shows that the United States saw an uptick in transactions in the first quarter of 2018 compared with the same period in 2017.
Read MoreMalaysia: What Next in 1MDB Saga?
Date: May 2018 Location Malaysia – Recent election What: Nonagenarian Mahathir Mohamed wins the election.
Read MoreParisian Hospitality Back on it’s Front Foot
Date: May 2018 Location: Paris, France What: The City of Light’s hotel industry may have dimmed for a spell but now is back on track and pulling the rest of France up with it, according to analyst data. In February, STR pointed to the resurgence in Paris propping up the the rest of the country.…
Read MoreAccor Buys the Swiss Luxury Brand Mövenpick
Date: April 2018, updated two days later. Location: 80 hotels Name: Movenpick Hotels No. of Keys: 20,000 or so Seller: According to Le Figaro, Accor plans to strengthen its luxury segment and is in ‘advanced’ negotiations to buy the Swiss group Mövenpick Hotels & Resorts. The newspaper refers to a total amount of the possible…
Read MoreDeloitte Issues 2018 Travel & Hospitality Industry Outlook
Date: April 2018 Location: Global, with a healthy USA bias. What: This reports covers Hospitality, Airlines, Restaurants, Ground Transportation and other subject headings such as Building bigger ecosystems: Unlocking the power of adjacent spaces (yes I thought that!)
Read MoreScottish Hotels Outperformed the Rest of the UK, According to BDO
Date: April 2018 Location: UK What: BDO’s Hotel Britain report, which analyses the room yield of UK hotels, reveals the sector experienced another year of positive results in 2017 despite the global uncertainty which has impacted other sectors.
Read MoreWhitbread PLC Announces Intention to Demerge Costa
Date: April 2018 Location: Mainly UK, with emerging markets such as Germany Name: Premier Inn and Costa demerger.
Read MoreHilton Plans Next Steps for Homewood’s Latin American Growth
Date: April 2018 Location: Latin America Name: Homewood Suites Silao and other Hilton brands
Read MoreZoku International Set Plans to Open 50 hotels in the next 10 Years
Date: 2017…updated April 2018 Location: HQ Amsterdam, The Netherlands…Looking at Copenhagen, Vienna, Paris, Berlin, London, Manchester and Hamburg for their new hotels. Name: Zoku, a true combination of work space and living quarters – serviced apartments with a twist…co-founded by Hans Meyer and Marc Jongerius, who started the company in 2014 and opened the first Zoku…
Read MoreWhile Occupancy Still Good, NYC Hotel Players See Cause for Concern
Date: February 2018 Location: New York, USA About: Room rates continue to fall while lending constraints, regulatory environment could hinder future pipeline
Read MoreHotel Occupancy Suffers – Not a New Phenomenon!
Date: June 1876! Location: Chicago, USA What: Hotels suffering in 1876, reports the New York Times.
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