Industry News & Reports
IHG Add avid Brand to their Range
Date: March 2018 Location: Oklahoma City, USA (first one), located at the intersection of 138th and Joel McDonald Drive. Name: Oklahoma City – Quail Springs due to open Q3 2018
Read MoreHVS Say European Hotel Transactions Reach Record Levels as Investors Step Up Interest in Southern Europe
Date: March 2018 What: HVS publishes their 2018 European Hotel Valuation Index
Read MoreUK Hotels off to a Bad Start in 2018
Date: March 2018 What: Latest Hotstats Report What Did They Say: Hotels in the UK experienced a rough start to 2018, with escalating costs leading to a 3.9 per cent year-on-year decline in profit per room. According to the latest poll of full-service properties by Hotstats, RevPAR growth came in at a disappointing 0.6 per cent…
Read MoreCLEARWATER INTERNATIONAL FRANCE ADVISES FONCIERE DES MURS (FDM) IN THE MERGER BY ABSORPTION OF FDM MANAGEMENT BY FDM
Date: February 2018 Location: France & Germany Name: Fonciere des Murs (FDM)
Read MoreEasyHotel targets growth with £50m placing – analysts react
Date: February 2018 Location: UK What: Budget hotel developer easyHotel is seeking to raise £50m from a share placing to fund the growth of its UK chain.
Read MoreSoho House looking at IPO in New York at around USD2bn
Date: February 2018 Location: London, UK ans USA Name: Soho House London, Barcelona, , The Ned, Little Beach House Malibu, Babington House, High Road House, Chiswick, London, Ludlow House Manhattan, USA, Shoreditch House, London, UK, Soho Beach House, Miami, USA, Soho House Berlin, Germany, Chicago, Istanbul, New York and others
Read MoreCarlton Hotel Collection Opens Market Street Hotel in Edinburgh
Main Photo: Market Street Hotel, Edinburgh Date: February 2018….updated March 2019 Location: Edinburgh, Scotland, UK Name: Market Street Hotel Edinburgh – four star…opening June 2019
Read MoreLodging Econometrics: The U.S. Hotel Construction Pipeline—Present & Future
Date: February 2018 Where: USA Who: Lodging Econometrics What Did They Say: According to the year-end U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline continued its upward growth trend in 2017 and stands at 5,151 projects/623,695 rooms, up 4% by projects and 4% by rooms year-over-year (YOY). There are 1,544 projects/200,632 rooms under…
Read MoreRegistration for The AHC 2018 is Now Open
Date: February 2018 The Event: The (15th) Annual Hotel Conference, Hilton Manchester Deansgate When: October 10th and 11th, 2018
Read MoreVietnam is Hot Right Now According to TopHotel News
Date: February 2018 Where: Vietnam, the Asia-Pacific tourism region is the hottest on the planet right now. As such, it boasts a number of countries with booming project pipelines, including Vietnam. In the past decade the country’s hospitality prospects have undergone a rejuvenation, largely fuelled by an influx of foreign visitors. In December 2017, for…
Read MoreEMEA Hotels Monitor Published by Whitebridge, RLB & STR Out (February 2018)
Date: February 2018 Name: EMEA Hotels Monitor, Issue 21 Published by: Whitebridge Hospitality, RLB – Rider Levett Bucknall & STR
Read MoreThe Top Three Things I Look For When Visiting A Hotel
Date: February 2018 What: Words of wisdom from a man who should know! Who: Bill Marriott, owns a company that owns or manages some 6,000 hotels in 122 countries! What Were Those 3 Things: It probably goes without saying, but I have visited thousands of hotels. Just this past year, I have seen over 100 –…
Read MoreSpain’s Hotel Investment Reached Record Levels in 2017
Date: February 2018 Location: Spain What: Hotel investment in Spain reached a record €3.9 billion in 2017, beating the previous record of €2.6 billion that was set in 2015, according to the Insights on the Hotel Investment Market in Spain 2017 report. This investment spanned both operating and converted hotels. 182 hotels changed hands in the…
Read MoreChristie & Co. Warns UK hotels Transactions Will Drop 2018 to GBP5bn
Date: January 2018 Who: Christie & Co, one of UK’s Big 6 hotel brokers sees small drop-off in 2018 (£5.3bn in 2017 to £5bn in 2018) The UK has also see a change in investor profile, as private equity groups look to mainland Europe for better returns, with those who remain described as “more vigilant”…
Read MoreDon’t Get Your Global Listings Wrong!
Date: January 2018 Updated March 2018 Who: China and Marriott What: This month (February 2018) China has shut down Marriott’s website and mobile app. The shutdown, which was for one week, came at the request of Chinese government officials in Shanghai. It is said to be punishment for the company listing Chinese-claimed regions Tibet, Hong Kong,…
Read MoreVincent Tchenguiz to Sue Hilton Over Bust Hotels
Date: February 2018 About: Vincent Tchenguiz to sue Hilton Why: A property tycoon is preparing to launch legal action against the hotels giant Hilton over 10 UK sites that have fallen into administration. Litigation is not unusual for him/the brothers.
Read MoreNH Reject Barcelo…HNA Need to Sell 29.5% Stake
Date: 2017 and January 2018 Location: 400 hotels in 30 countries Name: NH Hotels (named after Navarra Hotels), founded in 1978 by Antonio Catalan.
Read MoreHilton Achieves Landmark Performance in Asia Pacific in 2017
Date: January 2018 Location: Asia Pacific What: In 2017 Hilton achieved landmark growth and expansion in Asia Pacific, while introducing industry-leading guest innovations and being recognised as one of Asia’s best multinational workplaces. Having recently appointed Alan Watts as its new Executive Vice President & President, Asia Pacific and Qian Jin as the first Area President…
Read MoreHoteliers at Davos World Economic Forum, Just Trump, Marriott’s Sorenson and IHG’s Keith Barr?
Date: January 2018 Location: Davos, Switzerland Who Was There: To start with one Donald Trump, Hotelier I guess and President of the USA, I guess…. Mr Trump, wearing his Presidential hat kicked off with America’s role on the global stage. “America first does not mean America alone,” he said. “When the United States grows, so…
Read MoreSTR: Canada 2017 Hotel Performance
Date: January 2018 Location: Canada What: The Canadian hotel industry reported positive year-over-year results in the three key performance metrics during 2017, according to data from STR. Canada’s hotel industry reported occupancy rose 2.4% in 2017 to 65.9%, and when combined with a 5.2% ADR increase to 156.73 Canadian dollars ($127.27), RevPAR jumped 7.7% to CA$103.31 ($83.89)…
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