Hacienda del Conde Meliá Collection, an exclusive colonial-style adults-only hotel in Tenerife, has been included in the collection of Small Luxury Hotels of the World (SLH), which gathers the finest luxury hotels with independent spirit worldwide.
Crescent Hotels & Resorts announced today the addition of the Hotel Republic San Diego, An Autograph Collection, to its collection of West Coast properties within its Latitudes: Lifestyles by Crescent portfolio.
IHG Hotels & Resorts has reached 1,012 open hotels in Asia Pacific (APAC) - a major milestone for the global hospitality company as it accelerates its growth across the region.
Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide, enter into franchise agreements for all existing and signed pipeline Graduate Hotels, and become responsible for the brand's future development and growth.
a&o will primarily look to convert existing office and commercial properties into hostel accommodation across Europe
A summary of European hotel transactions provided by HVS
The hotel is a Greenfield project and will be one of the largest convention facilities in Central India.
Marriott International, Inc. announced it has signed an agreement in collaboration with Vasilakis SA to bring the JW Marriott brand to Greece.
The travel and tourism sector witnessed the announcement of 93 deals globally during the first two months of 2024, an year-on-year (YoY) decline of 22.5% compared to the announcement of 120 deals during the same period in 2023.
Sustained investor interest and strong operating conditions kept the hotel real estate market active in 2023 with transaction volume of approximately $1.72 billion, pacing slightly ahead of 2022 levels ($1.63 billion). Despite interest rate headwinds, confidence in the hotel asset class was evidenced by a diverse investor pool including new entrants eyeing hotels in a quest for cash flow amidst inflationary pressures.