Hotel News Resource
January, 16 2019
 
 
 
Profit Decline Continues in Middle East & North Africa Hotels
 
Profit Decline Continues in Middle East & North Africa Hotels
 
Profit levels at hotels in the Middle East & North Africa remained under pressure in November, as revenues were hit by declines in both price and volume in the normally reliable commercial segment, according to the latest data tracking full-service hotels from HotStats. Read More
 
City Momentum Index
Asian Cities Lead in JLL's City Momentum Index
Asian Cities Lead in JLL's City Momentum Index
 
JLL’s City Momentum Index reveals where in the world to find highest levels of socio-economic and commercial real estate dynamism Read more
 
Market Report Dubai
New Dubai Hotel Supply Results in Continued RevPAR Decline for December 2018
New Dubai Hotel Supply Results in Continued RevPAR Decline for December 2018
 
Preliminary December 2018 data from STR shows Dubai hotel occupancy dropped 2.7% to 79.2%, ADR declined 4.3% to 758.80 Emirati dirhams ($206.62) and RevPAR decreased 6.9% to 600.98 dirhams ($163.64). Read more
 
Mobile Keyless Entry
Mews and OpenKey Announce Tech Integration
Mews and OpenKey Announce Tech Integration
 
This new feature will make the provisioning and issuance of mobile keys to guests an automatic process once a mobile number is input into the Mews system. Read more
 
Hotel Development Egypt
Voco Giza Pyramids Hotel Announced for 2022
voco Giza Pyramids Hotel Announced for 2022
 
IHG (InterContinental Hotels Group) has signed a management agreement with Arab International Tourism Investment Company to debut the voco™ brand in Egypt, with the development of voco™ Giza Pyramids. Part of a mixed-use development, which will include a high-end mall, the 17,000 sqm hotel is scheduled to open in 2022. Read more
 
Hotel Transaction San Antonio
The Preiss Company Acquires the 288-Bed Estates at San Antonio
TPCO's Gamecock Village in Facksonville, AL
 
Located at 6515 Hausman Road, the 288-bed, 58-building complex is comprised of 104 units in cottage-style, two-story buildings and is less than two miles from the University of Texas – San Antonio (UTSA). Read more
 
Hotel Portfolio Transaction
Excel Group Acquires Three Hotel Portfolio in Virginia, New York and Rhode Island
 
Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of three hotels - the 151-room Hyatt Place Dulles Herndon-East in Herndon, VA; the 161-room Hampton Inn Long Island Brookhaven in Farmingville, NY; and the 101-room Hampton Inn & Suites Providence-Smithfield in Smithfield, RI. Read more
 
Hotel Development London
Mondrian London Hotel Converts To Sea Containers London
Mondrian London Hotel Converts To Sea Containers London
 
Iconic South Bank hotel to be run independently Read more
 
Hotel Development Missouri
347 Room Hilton Kansas City Airport Hotel Sold
347 Room Hilton Kansas City Airport Hotel Sold
 
The LCP Group, L.P. (LCP) and Blue Vista Capital Management (Blue Vista) jointly announced today the acquisition of the Hilton Kansas City Airport in Kansas City, Missouri. Read more
 
Online Travel Agencies (OTAs)
Despite Challenges, OTA Bookings Continue to Climb in Europe - PhoCusWright
Despite Challenges, OTA Bookings Continue to Climb in Europe
 
Online travel agencies (OTAs) operating in the European travel market find themselves in an interesting position in 2018. Read more
 

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In Brief...
 

Leveraging Business Intelligence To Improve Hotel Performance
Why Hotel Business Intelligence is All The Rage

Moxy Hotels Development Update
Moxy Hotels Expands In The Southeastern U.S. With Six New Expected Openings

Management Appointment Dow Hotel Company
The Dow Hotel Company Announces Two Senior Management Appointments

Hotel Opening Bali
The Apurva Kempinski Bali Resort Opens in Bali

Hotel Opening Florida
Uptown Suites Extended Stay Tampa FL - Riverview Hotel Opens

Hotel Opening Singapore
Holiday Inn Express Singapore Serangoon Hotel Opens

Hotel Opening Wisconsin
Radisson Hotel and Conference Center Fond Du Lac Opens in Wisconsin

HomeToGo Acquisition
Tripping.com Acquired by HomeToGo

 
 
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