The Prince of Wales Hotel in St Kilda is undergoing a major renovation as leaseholder Australian Venue Co invests in a rooftop bar and internal reconfiguration of the Fitzroy Street pub. The ...
Abu Dhabi Investment Authority has agreed to sell the Novotel and Ibis hotels at Sydney's Darling Harbour to property investment firm Wentworth Capital for $390 million, ending a five-year sale ...
Hyatt Hotels Corp. President and CEO Mark Hoplamazian said 2025 was the ninth consecutive year his company led the hotel industry in rooms growth, and he fully expects that to be an even decade at ...
The national hotel development pipeline has remained muted in recent years. However, hotel construction activity in Florida shows no signs of stopping.
The UK remains an attractive market for hotel development, with investors and operators continuing to seek opportunities in key locations. Despite its challenges and a general slowdown in ...
Holiday corporate gatherings at hotels are trending toward smaller, more casual groups than in the past. Just because all is calm doesn't mean that all isn't bright, though.
Caisse d'Epargne Cepac, via its subsidiary Cepac Foncière, has acquired the future Omnes campus built by Redman in Marseille's ZAC Saint-Charles. The regional bank made the deal official at the ...
When Hyatt Hotels Corporation acquired Two Roads Hospitality in November 2018 for $480 million, it was by no means the largest transaction in the world, said Rob Schnitz, SVP and associate general ...
How this change plays out will have distinct benefits for the future of hospitality and the associates who work in it, according to panelists who participated in the “Bourbon with the bosses” panel ...
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