Historic Downtown Oakland Z-Hotel Re-Developed into Housing
Riaz Capital's transformation of the Z hotel into ArtHaus Jack London preserves a slice of history while providing entry-level housing for Oakland residents
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Hotel Development Jeddah
Jeddah Historic District Launches First Three Heritage Hotels with UNESCO World Heritage Status
Named House of Jokhdar, Kedwan and Al Rayess, each hotel has been carefully reinvigorated with the work of historians and the knowledge of locals, utilising local artists, carpenters and architects as well as locally sourced products
Smart Tourism Campaign
European Commission Announces New Competitions for 2025 - European Capital and Green Pioneer of Smart Tourism
Today, the European Commission launches the 2025 edition of the European Capital of Smart Tourism and the European Green Pioneer of Smart Tourism competitions. Tourism destinations across Europe are invited to submit their innovative practices of smart and sustainable tourism to become leading examples in European tourism.
Hotel Opening South Korea
Mohegan INSPIRE Entertainment Resort Opens in South Korea
Since its soft opening on Nov. 30, INSPIRE has opened a 5-star hotel with a total of 1,275 rooms and INSPIRE Arena, an inaugural multi-purpose indoor venue with a capacity of up to 15,000 people.
Hotel Transaction Houston
Tilman Fertitta Acquires Luxury Mixed-Use Development in the Heart of Houston, TX Including The Post Oak Hotel at Uptown
Tilman Fertitta has acquired River Oaks District, a 13.87-acre luxury retail and mixed-use development in the center of Houston's Uptown/River Oaks corridor anchored by The Post Oak Hotel at Uptown and combining top-tier retail and restaurant offerings, boutique office space, and luxury apartments.
Hotel Financing Manhattan
New York City Landmark Boutique Hotel, Casa Cipriani Receives $103 Million in Financing
Walker & Dunlop, Inc., Capital Markets announced yesterday that it arranged a $103 million commercial mortgage-backed security (CMBS) loan with Citigroup, J.P. Morgan, and Argentic to facilitate the refinancing of Casa Cipriani, a boutique hotel, private members club, and event space located at 10 South Street in New York, NY.
Hotel Development Oman
Oman Reveals Plans for $2.4bn New Omani Mountain Destination on Jabal Al Akhdar
Investment partners sought for transformational sustainable development opportunity as Sultanate targets increasing foreign investment to 10% of GDP
Online Travel Agencies (OTAs)
OTAs - Hotels Need a Chance to Compete, Including Through Consolidation - RealClear Markets
According to Morning Consult research commissioned by the American Hotel and Lodging Association, hotel bookings make up 15 percent of all U.S. e-commerce, with over 500 bookings occurring every minute. This is an extremely lucrative business model and generates billions of dollars for Online Travel Agencies (OTAs) every year.
Justin Wilson Named General Manager for the MacArthur Place Hotel & Spa in Sonoma, CA
Wilson's career journey is marked by significant achievements and impactful leadership roles at award-winning hotels, holding positions such as Director of Operations at Fairmont Sonoma Mission Inn & Spa, and Food & Beverage Director at both Sanctuary Camelback Mountain and Rancho Valencia.
Travel Intentions
More Canadians Are Planning to Travel in 2024 Despite Rising Costs
The cost of travel is on the rise, but that isn't stopping most Canadians from planning a vacation. According to a new study from Blue Cross, Canadians spent an average of $4,200 on their last vacation, and 94 per cent feel the cost of travelling is increasing. However, the 2024 Blue Cross Travel Study also reveals that more Canadians are feeling optimistic about travel and are planning more trips this year.