Due to the Thanksgiving calendar shift, the U.S. hotel industry reported higher year-over-year performance comparisons, according to CoStar’s latest data through 23 November. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
IHG accelerates growth in Hokkaido as iconic The Windsor Hotel TOYA Resort & Spa joins Vignette Collection
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is proud to announce the signing of the iconic The Windsor Hotel TOYA Resort & Spa to its Vignette Collection brand – the second property in Japan for IHG’s newest luxury & lifestyle brand and first collection brand.
The Importance of Quantitative Skills and Why You Should Master Them
Despite plenty of evidence for the “cognitive biases” from which all decision-makers suffer, an astounding number of managerial decisions is still based on gut feelings rather than solid analysis. Among the many reasons for this may be a certain level of apprehension about the complexity of quantitative analysis and the...
Game-Changer in Wellness Hotels: Data Reveals Minor Wellness Leading the Pack
The 2024 Wellness Real Estate Mid-Year Report, released by RLA Global in collaboration with HotStats, highlights the shifting dynamics within the wellness hospitality sector. The report uncovers a surprising profitability trend, with Minor Wellness hotels outperforming their Major Wellness counterparts in revenue and growth during the first half of the...
The Future of Restaurant Technology: How Robotics Can Transform Your Bottom Line
In today’s highly competitive restaurant industry, operators are under more pressure than ever to deliver exceptional guest experiences while controlling costs. As labor shortages and rising expenses continue to challenge profitability, restaurant technology—especially robotics—is emerging as the key to sustainable growth and efficiency.
London Square to convert office tower into residential development
Residential and mixed-use developer London Square is converting the landmark Westminster Tower on Albert Embankment into a 17-storey luxury residential building.
Poland’s GTC to sell office buildings in Croatia and Serbia
Polish real estate company Globe Trade Center (GTC) has announced plans to finalize the sale of two office buildings in Croatia and Serbia by the end of 2024.
CMN takes over full ownership of Churchill office complex in Prague
Prague-based real estate company Ceskomoravská nemovitostní (CMN) now fully owns the Churchill Square office building overlooking Prague's main train station.
Meetings Industry Association unveils essential Martyn’s Law guidance for business events sector
To provide clarity for the sector, the Meeting Industry Association (MIA) has produced a practical guide to help the business meetings and events industry navigate the forthcoming Martyn’s Law.
Top Events driving Australian Hotel Demand
A strategic and diversified calendar of citywide events play a crucial role in driving hotel demand in Australia's hotel markets, new CBRE research shows.