The asset-light acquisition includes 12 lifestyle hotels (nine managed and three licensed), with another 24 signed long-term management agreements for hotels expected to open in the future.
Colliers Hotels and Eastdil Secured ILC announced the sale of the InterContinental Montreal on behalf of Pandox AB to Groupe Mach.
Fourteen hotels and resorts are set to be added to Dusit's portfolio this year across China, Greece, India, Japan, Kenya, Nepal, and Thailand.
Located just fifteen minutes from Linden Pindling International Airport and ten minutes from downtown Nassau, Goldwynn Resort features 81 residential-style accommodations including studios, one- two- and three-bedroom suites, and three expansive Edge suites.
Revenue per available room (RevPAR): US$80.32 (+13.0%)
Through its voluntary partnership with the ENERGY STAR Program, OUS will work to improve energy efficiency and fight climate change by helping its commercial building customers implement proven energy-saving strategies designed to enhance the organizations financial health and preserve the environment for future generations.
How the hospitality industry is shifting from touch heavy to touch-free.
OYA Resorts – where rooms average $450 a night and large private villas, up to $1,500 per night – is offering 1,500 members the opportunity to purchase a lifetime membership to the exclusive members-only OYA Resorts via their Local, Global and Corporate NFTs.
In the recently released Latin America Construction Pipeline Trend Report from Lodging Econometrics Econometrics (LE), analysts report that at the close of Q4 2022, the total construction pipeline stands at 536 projects/87,827 rooms.
Wharton professors Christian Terwiesch and Ethan Mollick weigh in on ChatGPT and why the controversial software has limitless potential to improve education, business, and a range of industries.