Hotel News Resource
December, 17 2018
 
 
 
LVMH Is Acquiring Luxury Hotel Group Belmond for $3.2 Billion
 
LVMH Is Acquiring Luxury Hotel Group Belmond for $3.2 Billion - Fortune
 
LVMH Moët Hennessy Louis Vuitton, the world leader in luxury goods, is acquiring London-based luxury hotel brand Belmond Group for $25 cash per share, a few bucks above its most recent stock closing price. Read More
 
Market Report Senegal
Horwath Market Report: Senegal - By Clémence Derycke
Horwath Market Report: Senegal
 
Seen as one of the most robust economies in Western Africa, Senegal is also a model of stability in the sub-region. Tourism has proved to be one of the most important elements of the country’s economy, representing almost 10 % of Senegal’s GDP. Read more
 
Market Report U.S.
Consumer Predictive Analytics Pointing out 2019 to Be a Very Good Year for US Hoteliers
Consumer Predictive Analytics Pointing out 2019 to be a Very Good Year for US Hoteliers
 
e-forecasting.com's reported today that Americans confidence on the economy rose again in December. Read more
 
Development News
157 Room Hilton Garden Inn Denver South Park Meadows Area Sold
157 Room Hilton Garden Inn Denver South Park Meadows Area Sold
 
MCR, the sixth-largest hotel owner-operator in the United States, has acquired the 157-room Hilton Garden Inn Denver South Park Meadows Area. Read more
 
Hotel Development Malaysia
INNSIDE Kuala Lumpur Cheras Hotel by Meliá Hotels Opening 2019 in Malaysia
INNSIDE Kuala Lumpur Cheras Hotel by Meliá Hotels Opening 2019 in Malaysia
 
Scheduled to open in late 2019, INNSIDE Kuala Lumpur Cheras will be encompassed by a 4-storey shopping mall of 288 retails and 105 unit of office suites. Read more
 
Hotel Development India
The Indian Hotels Company Signs a New Taj Hotel in Lucknow
 
The Taj branded hotel will be located at Vibhuti Khand, New Gomti Nagar Centre, with close proximity to key corporate parks, institutions and recreational facilities. Read more
 
Hotel Development India
Swiss International Announces First Swiss Spirit Hotel & Suites in India
 
Swiss International enters into a management agreement for a newly built mid-scale hotel in Bahadurgarh in India Read more
 
Hotel Development Washington D.C.
MEININGER Hotel Group Announces First US Hotel
MEININGER Hotel Washington D.C.
 
MEININGER Hotels has signed a long-term lease agreement with Altus Realty, the project owner and developer, for a hotel in Washington, D.C. Located at 35 New York Avenue NE in the NoMa neighborhood, the new hotel is scheduled to open at the end of 2020 and will feature 154 rooms and 616 beds. Read more
 
Hotel Development London
NH Hotel Group to Open UK’s First Nhow Hotel Summer 2019
NH Hotel Group to open UK’s first nhow hotel Summer 2019
 
The 190 room nhow London is set to open in London in summer 2019 located between the City, Islington and Shoreditch, within the '250 City Road' development Read more
 
TUI Results
Cruise and Hotel Bookings Boost Tui Profits for Fourth Year - BBC
 
A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits. Read more
 
Mexico Hotel Occupancy
Mexican Hotels Expect Christmas Holiday Season Will Be the Best in 10 Years - Mexico News Daily
 
Occupancy is expected to rise from last year's 59% to 70% Read more
 
Brexit
Travel Buyers Fear Long-Term Brexit Impact - Buying Business Travel
Travel Buyers Fear Long-Term Brexit Impact
 
Just a day after prime minister Theresa May announced she was postponing the parliamentary vote on her Brexit deal, a survey by the Business Travel Show reveals that corporate buyers are worried that leaving the European Union will continue to be a challenge as far ahead as 2022. Read more
 

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In Brief...
 

EZee Hospitality Solutions
EZee Complete Integration With the Top European Travel Company - EDreams ODIGEO

Management Appointment Deutsche Hospitality
Ulrich Bensel Named VP Group Human Resources for Deutsche Hospitality

Hotel Opening India
DoubleTree by Hilton Ahmedabad Opens in India

Hotel Opening Vietnam
Anantara Quy Nhon Villas Resort Opens in Vietnam

 
 
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