Industry News & Reports
Northstar Travel Group Acquires Burba Hotel Network’s Hotel Investment Event Portfolio
Date: May 2017 Location: USA – Global What: Burba Hotel Network (BHN) announced that its hotel investment event portfolio has been acquired by Northstar Travel Group. This acquisition was completed in collaboration with BHN’s partners, including the American Hotel & Lodging Association (AHLA). BHN produces 10 hospitality investment events and conferences around the world, including Los Angeles,…
Read MoreALIS (American Lodging Investment Summit) Award Winners Announced
Date: January 2018 Location: JW Marriott Hotel & Microsoft Theatre, Los Angeles, California, USA What: The American version of the Hotel Oscars! The Winners:
Read MoreYotel Extends its Brand
Date: January 2018 Location: Global News: Yotel has moved into the extended stay segment with the launch of the YotelPad brand, with five confirmed sites in the US, Europe and Middle East. The first YotelPad properties will be in Switzerland, Dubai, Miami and Park City. The latter location will see the first YotelPad, at Park City…
Read MoreKnight Frank UK Hotel & Leisure Property 2018 Spring Market Review
Date: January 2018 Name: Knight Frank UK Hotel & Leisure Property 2018 Spring Market Review About: UK Hotel sector in 2017 and where it is going in 2018
Read MoreTopHotelNews & TopHotelProjects
Date: January 2018 HQ: Rotenburg, Wumme, Germany CEO: Rolf Schmidt Started: 2011 What is it: TOPHOTELNEWS is a multi-platform online news portal dedicated exclusively to the global hospitality industry. Our focus is in Hotel Development, Architecture, Design, Construction, Brands and Operations. One can sign up for free daily newsletter
Read MoreThe Master List of 2018 Worldwide (especially in North America) Hotel Openings
Date: January 2018 Location: Global About: A very useful guide of new hotel openings in 2018, published by The Shift – Beyond Luxury Media – Serge Dive & Sarah Ball (based in London) create events, including LE to be held in Miami June 11th-14th 2018, an exhibition to link luxury hotels and travel providers (exhibitors)…
Read MoreCBRE reports Spanish Hotel Investment Reached Record Figure of €3.75bn in 2017
Date: December 2017 Report: Spanish hotel investment 2017 Investment in the hotel sector in Spain grew by 83% in 2017 compared to the previous year, to reach a total transaction volume of €3.75 billion, according to data from the consultancy firm CBRE Hotels. The cumulative figure represents a historical record in the Spanish market, exceeding…
Read MoreRobust Performance of Hotels in Europe continued in November with a 9.6% increase recorded in Gross Operating Profit per Available Room (GOPPAR), According to HotStats
Date: January 2018 Place: Europe with specific reference to Germany HotStats, the leading hospitality intelligence company, based in the UK, with a global coverage, provides a unique profit and loss benchmarking service to hoteliers from the UK, Europe and the Middle East, which enables monthly comparison of hotels’ performance against their competitors. It is distinguished…
Read MoreNY Landlord Falls Foul of Airbnb Rules at a Cost of $1.2m Fine
Date: January 2018 Location: Manhattan, New York, USA
Read MoreGreece Introduces New ‘Stayover Tax’ from January 2018
Date: January 2018 Title: Greece introduces a new stayover tax
Read MoreHispania Fights Off Competition from Blackstone to Acquire Alua Hotel Portfolio
Date: December 2017 Location: Canary and Balearic Islands – 7 hotels Name: Alua Hotels – AluaSoul Palma, AluaSoul Mallorca Resort, AluaSoul Alcudia Bay, AluaSoul Ibizia and AluaSun Torrenova, in the Balearic Islands; and Ambar Beach and Parque San Antonio, in the Canary Islands.
Read MoreOver 65 New Hotels Opening in the UK in 2018
Date: January 2018 Place: 30 new hotels in London and 35 more in the rest of the UK to open in 2018
Read MoreAmsterdam Named Top Hotel Destination for Second Year in Annual Deloitte Report
Date: November 2017 Title: Deloitte’s European Hotel Investment Survey About: The most attractive European city for hotel investment based on an annual survey of senior hospitality industry leaders, undertaken by Deloitte. The findings come following the 29th annual European Hotel Investment Conference in London.
Read MoreBanco Santander Puts Hotel Koral up for Auction
Date: December 2017 Location: Oropesa del Mar, Castello, Valencia, Spain Name: Hotel Koral THPT Comment: You don’t often hear the words Hotel & Auction in the same sentence…. maybe this is the way forward?
Read MoreThe Middle East is Booming, with 583 hotel projects under contract as of August 2017 According to STR
Date: November 2017 Location: The Middle East The hospitality industry — particularly that of Saudi Arabia and the UAE — is booming, with 583 hotel projects under contract as of August, according to data from STR’s latest Pipeline Report. According to the figures, the UAE and Saudi Arabia remain the region’s most active hotel construction…
Read MoreWorld Boutique Hotel Awards
Date: 9th November 2017 Held: London, UK WORLD’S BEST BOUTIQUE HOTEL Akademie Street Boutique Hotel, South Africa
Read MoreEuropean Leased Hotel Cap Rates Reach Historic Low
Date: November 2017 About: Capitalisation rates for fixed income prime hotel investments such as lease contracts have reached sub 5%, according to a report from property experts HVS Hodges Ward Elliott.
Read MoreHyatt Moves to Sell $1.5 Billion in Real Estate
Date: November 2017 Location: Global
Read MoreEuropean Travel Trends and Hotel Investment Hot Spots from Christie & Co
Date: November 2017 About: This report reviews the growth opportunities of feeder markets in Europe, analyses the issues surrounding accessibility and airport capacity and highlights which markets are expected to achieve strong RevPAR increases in the coming years. In this publication Christie & Co have focused our analysis on 16 primary destinations that together constitute the…
Read MoreUK Government Urged to Take Hospitality More Seriously in Seaside Tourism Report
The UK government has been urged by a group of MPs to change its view of hospitality and tourism to reflect the importance of the UK’s fourth largest industry, following a study of Britain’s coastal communities. The recommendation is one of 37 that have been made in a report by the All Party Parliamentary Group…
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