Month: August 2024

The real estate market in Germany is showing signs of recovery after experiencing a significant price decline due to the ECB's interest rate hikes, according to research by Commerzbank.

Spanish hostel and boutique hotel platform, Room00 Group, has acquired local hostel operator TOC Hostels from Ignacio Catalán and Salvador Torrens for approximately €20 mln.

Swedish listed property company Peab has secured a SEK 454 mln (€40.1 mln) turnkey contract to redevelop and expand a historic asset in Malmö's Varvsstaden district.

As travelers search for new, less crowded, and more affordable European destinations, Poland has emerged as a top choice. Once overshadowed by its more popular Western European neighbors, Poland is now attracting the attention of travelers during the shoulder season, a time traditionally considered less busy for tourism. This shift...

Premier Inn, the UK’s biggest hotel chain, has unveiled its brand-new hero Next Evolution Style* rooms, marking a major shift in room design in its mission to create the best hotel experience ever for guests.

Accor, a world-leading hospitality Group with over 1,000 properties across the Middle East, Africa, and Asia Pacific, is pleased to announce the signing of Pullman Varanasi with Venkatesh Hospitality. This highly anticipated hotel is scheduled to open in January 2029, promising to elevate the hospitality experience in Varanasi, one of...

Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.

The global hotel industry is firmly positioned in an era of normalized growth levels. That means to achieve greater profits, hotel owners and operators need to explore every possible revenue stream while also working to manage expenses.

Although hotel departments have historically operated in silos, the way consumers interact with hotels nowadays highlights the increased need for consolidation into a comprehensive commercial strategy – where everyone from front office staff to revenue management, sales, and marketing are aligned towards delivering the best experiences to guests and boosting...

Facial biometrics offers a promising solution for hotels seeking to streamline check-in processes and enhance guest experiences. It eliminates the need for traditional check-in procedures, such as presenting identification and filling out forms, speeding up the process and saving time for both guests and hotel staff.